Will Having a Pool Help You Sell Your House?

As far as value is concerned, having a pool is a hard feature to figure out. Therefore, you will find just as many realtors telling you how much a family would like one as the ones opposing this notion. Even though a home with a pool is a dream come true, the ability to sell your property depends on your expectations. This is because in most cases, having a pool is like purchasing a car, once its in your ownership, you might never get the full cost back. However, this doesn’t mean that there aren’t instances where your pool can help you sell your house.

How Swimming Pools Add Value

There is a huge difference between an above ground pool and an in-ground pool.  Even though an above ground pool is more costly and takes more time to install, it is a permanent investment and one of the real ways to add some value to your property. On the other hand, above-ground pools might be easy and cheaper to install but it might not necessarily provide any value when it comes to the resale of your house.

Why are Swimming Pools Tricky?

When it comes to getting a great price for your house, pools can be a hard sell. Swimming pools are a personal choice and people have a plethora of reasons for not wanting them as they do for wanting them.

Since you were the one who paid a hefty upfront cost, as an educated buyer, you are aware of the maintenance costs that go into owning a house with a swimming pool regardless of whether it is below or above ground. While pools can cost an average of $1,000 a year to maintain, research says that a well-marketed pool (mostly in-ground) can boost the value of your home to as much as 7%.

When Can a Pool Provide a Boost to Your Property’s Value?

There are two major things that can help you help you boost the sale of your home if you own a swimming pool. Here they are:

1. Knowing Your Buyers

It is essential to know your target buyers when marketing your home for sale if it has a pool. According to research, health enthusiasts, high-end buyers and families with teenagers are most likely to invest in a house with a swimming pool. However, you should also know that not all families with children will be interested in a home with a pool. In fact, a great majority of families with young kids do not want pools. This is because they don’t want to maintain it or they see it as a safety problem.

Therefore, if you’re seeking to sell your home with a pool, then you should know that it might shrink your buyer pool thus taking longer than you anticipate to sell your home.

1. Location

This is another thing that plays an obvious role when it comes to guaranteeing a buyers interest in your home if it has a pool. Buyers will debate on whether the purchase will enhance their quality of life or it will be an irritating and expensive extra for the summer season. For this reason, places that have warmer climates may be more ideal for homes with pools thus attracting interested buyers.

Categorised in: Kamloops, Real Estate, Sellers

This post was written by kamloopshomesearchcom