How Does A Pool Affect The Value Of My Home

Homes with pools for sale in Madison Alabama

Homes with pools for sale in Huntsville Alabama

Now that summer is fast approaching here in Huntsville Alabama many homeowners thoughts turn to a little back yard fun by investing in an in-ground pool.  One question homeowners should be asking themselves is "How Does A pool Affect The Value Of My Home"?  A pool definitely adds to quality of life, but adding value to your home depends on a few factors.  If you’ll pardon the pun; perhaps before you dive in you should consider these points.

Know your market segment.

Is your home in a community of younger families with children?  A pool could well be view as a hazard to small children.   However, if your home is in a neighborhood where a pool is common or expected then the addition of a pool could be a wise investment and attract buyers when you decide to sell.  Also, buyers, homeowners without children or with older children, a pool could be an asset adding to the entertainment value of a home.

What are your short & long-term plans?

If you do not expect to be in your home for more than 5-7 years a pool may not be the best investment for you as the expenses associated with installing a new pool, maintenance and ancillary needs such as security, fencing, permits, etc. that may go beyond the cost of your pool.

However should your long-term plan keep you in your home for ten years or more, pool expenses my be somewhat absorbed by your homes appreciation.  Keep in mind though that an aging pool has the potential for mechanical and structural issues requiring maintenance that must be performed.

Other pool related considerations:

Space

Depending on the size of your yard a pool may or may not be an option.  Consider that a pool can take up a large portion of your yard and if you need to decrease the size of your pool to accommodate yard space it could be more of a detraction and less desirable.

Privacy

You and your pool may be exposed to next door neighbors because of second floor windows, elevated decks or terraces, low and non-privacy fencing.

Community or nearby public pool access

 If your community has a pool or residents have easy access to pools this could make your pool less of an advantage or necessary.

Pool maintenance & time requirements

An obvious point and often overlooked is the time required to clean and maintain a pool, pool pump, decking, chemicals, etc.  Also consider if you're physically able to maintain a pool.  A pool in poor condition will only drag the value of a home down.  Consider hiring a pool service to keep your pool in its best condition

If you need a knowledgeable real estate professional in Madison or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.

Original content published at.... http://nicktpappas.com/?p=2052

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