Five Things To Consider Before Building a Pool

A swimming pool is a plus during those hot summer days, especially if you just have to go out your backdoor the enjoy. If you do have a pool or want to build a pool, make sure you have money, time and attention to maintain a pool. A swimming pool will add value to your home, but might be a selling point buyers just don’t want. If you want to take the plunge, consider these five factors before deciding.

A well-maintained pool can add value to a home

According to Zillow homes with a saltwater pool will sell for 1.5% more than a home without one and sell two days faster. In warmer climates, inground pools add more value to a home. An older pool that needs updates and repairs will have a negative impact on your home’s value.

Utilities and maintenance add to the cost of owning a pool

Not only can pool maintenance cost money but it can cost on time too. You cannot just fill your pool with water and then sit back and enjoy, a pool takes constant cleaning and chemical treatments. You can do it yourself or hire someone to maintain your pool. According to Thumbtack, it costs around $148 a month to hire pool maintenance.

Pools can be made more sustainable

Energy-efficient pool pumps and heaters are one great way to make your pool more sustainable. A solar-powered pool heater will heat a pool with only the sun as its energy source. Chemical-free pool treatments are another option that can help keep your pool lasting longer. If you are building a pool, use eco-friendly materials such as LED lights.

Pool safety requires vigilance

Pool safety is extremely important and it is your responsibility as the homeowner to keep it safe. Not only can a child drown but a pet can also drown in a pool. Many states around the country have laws in place that require homeowners to install a fence around their pool.

You can pay for a pool in several ways

There are a lot of ways to pay for a pool if you are in the market for one. This makes it a little less intimidating when trying to budget for a big purchase like a pool. Finance options include a cash-out refinance, a home equity loan, a home equity line of credit (HELOC) or a credit card.

Remember a pool might be worth it for some but not always the best option for others. If you are worried about resale value, check with a local realtor who can tell you the pluses and minuses of owning a home with a pool in your area.

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Kelly Waltemath
The Kelly Waltemath Team
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