Can a pool increase the value of your home when it comes time to sell? What are the costs for installation, maintenance, and any ongoing expenses? This form of home improvement may be costly, therefore we’ll highlight the most common advantages and disadvantages of building an outdoor swimming pool.

Pros: Everyone enjoys the swimming pool

Your home could become a gathering place for friends and family since you have a pool. Another advantage of having your own pool is not having to wait in line at a public pool or being limited by capacity, both of which can interfere with your enjoyment. Simply put on your swimsuit and head outdoors to get started.

Cons: Installation is expensive

Despite the fact that more houses are opting to construct these backyard pools, construction costs remain expensive. According to Forbes, the average cost of an inground pools Charleston is between $28,000 and $55,000. This translates to $50 to $150 per square foot. The pricing will also vary based on your selection. For instance, the price will increase if you desire additional features such as waterfalls or pool lights. Depending on your financial situation, you may want to consider a home equity loan or home equity line of credit (HELOC)1 for the ability to pay over time, as opposed to using a credit card or paying cash up front.

Pros: Swimming pools can provide physical and mental health benefits.

Water-based exercise is gentle on the joints and aids in relaxation after a long day with the kids or at work. You do not need to be an expert swimmer to enjoy the benefits of selecting a pool with a shallow end. You can swim or walk around while carrying a drink in the water.

Also, depending on where they reside in California, homeowners have the ability to relocate whenever they like.

Cons: You may need to purchase additional insurance.

If you purchase an investment property, you should consider boosting your homeowner’s insurance policy. Why is this? Consider what will occur if your pool is damaged by an earthquake or a storm that causes the pipes to rupture or leak first. If you did not specifically update your insurance coverage with your provider to cover the new expenditure, the damages to your house may be extensive, and you may be required to pay for any necessary repairs out of pocket.

The chance of injury is the second factor. Every pool poses the risk of drowning, which can result in serious injuries or even death. Thus, you may need an umbrella insurance policy that covers all of these possibilities and increased prices.

Pros: Home aesthetics may improve with a pool.

Backyard pools are stunning. Prospective buyers may be drawn to this home by the bedroom and back window views of the pool. Swimming pools can make your home stand out and sell faster.

The limit? Only if most surrounding homes lack pools. Otherwise, standard. Swimming pools are attractive, but they don’t add value.

Cons: Always maintaining

Pools are multipurpose. They need regular water inspections, cleaning, and component replacement to work. Pool maintenance costs $4,000 annually. The frequency of pool cleaning and component replacement will affect these prices. No of the size, shape, or style of your pool, expenses will never end.

Tom Sandoval