Will Adding A Swimming Pool Help to Sell My Home?

Warm weather inevitably makes the prospect of owning a swimming pool an even more inviting prospect.

On the face of it, what could be better than being able to offer a pool when you eventually decide to sell the home?

In reality, there are some key considerations:

Cost vs. potential return – Building a pool is never cheap, of course. If you plan to move in the relatively near future, it is possible that you won’t easily recover the costs in your selling price, depending on the general trajectory of returns on sale at the time.

Health/relaxation/fun vs. cost – On the other hand, there’s also the balancing equation of how much you really want a pool and the undoubted health benefits of regular swimming as well as the relaxation and fun it offers. These advantages will often outweigh selling considerations.

Limiting your pool of buyers? – Always remember that not everyone will be as enthusiastic as you are about pool ownership. While having a pool can be a distinct advantage with the right buyer, some will prefer not to own one, not least due to the inevitable ongoing maintenance costs. They inevitably contribute to higher utility bills, and insurers will typically insist on the addition of personal liability insurance to cover potential accidents and injuries.

We hope these thoughts are helpful. As always, don’t hesitate to reach out to Jim with any real estate questions – 415-492-0100.