Can A Pool Remodel Add Value to Your Home?
If you’re a homeowner looking to sell, you probably already have a long laundry list of renovations planned. Updating your home will make it more enticing to prospective buyers and will potentially increase its value. In upper-income neighborhoods especially, pools are high up on the list of buyers’ wants. It might be worthwhile to remodel your pool to further entice competitive house hunters. Read on to find out how much a remodel could increase your home’s value and what to consider before you remodel your pool.
Will a Pool Remodel Benefit Your Home’s Selling Price?
Who doesn’t want a calm, private swimming pool in their backyard? It can act as the crown jewel on the top of an already incredible home. It can also help you make more money when you sell. Adding a pool to your property could increase your home’s value by about 5-8%. Maintaining and improving an existing pool and backyard area will play a key role in determining the price you can sell your home for.
A gorgeous backyard oasis could be the main selling point of a home, especially in areas with warmer climates. Up-to-date and efficient equipment will ease any buyer’s potential qualms about pool care. To complete any of these renovations, Shoreline Pools has 50 years of experience in pool maintenance.
Consider Pool Remodeling Costs
Pool remodeling costs can quickly add up. Before making any decisions, it is paramount to determine a budget. Keeping your expectations tempered and creating a realistic budget will avoid any unwelcome surprises down the road. Next, list the improvements you can add to your pool and figure out which are most important. Prioritize functionality and safety over aesthetics at first for these rankings. Once you have your list of renovations, contact a professional to get a quote and see how it works into your budget.
Factor in the Time of Year
Renovations of all sizes take time to plan and execute. That is why it is crucial to pick the right time of year to begin. If you plan on selling your home soon, you cannot waste any more time. Luckily, remodeling your pool is possible in almost any season, but certain times of the year are better than others. For example, spring is a popular time to begin remodeling. The warmer weather comes in and everyone’s minds begin to wander toward the heat of summer.
Consequently, this means spring is a difficult time to remodel since everyone else already has the same idea. If you want a slower season, fall and winter are better options. During these times of the year, costs might even go down!
Is Your Pool Safe?
One of the most important questions that house-hunters ask before buying a home with a pool is: is it safe? Especially if they have young children, ensuring that the pool is safe to use is a primary concern. Do you have a pool cover? Covering the pool when it is not in use will not only protect young children and animals that might fall in, but also protect the water from heat loss, evaporation, and falling debris.
Do you have a fence around your pool? Though it may seem unsightly, fences remain critical for families with kids. Having a fence installed around your pool’s perimeter will ease buyers’ minds since they will not need to worry about unsupervised children falling into the pool.
What about a diving board? Even though diving boards were very popular decades ago, they recently lost some luster. Removing the diving board will make the pool look safer while potentially reducing insurance rates. Talk about a win-win, right?
Hire a Professional for Any Pool Remodeling
Increase the value of your home by building a pool that buyers will want. This includes having up-to-date and cost-effective systems, safety features for children and pets, and aesthetic value. Besides those features, there are a lot of factors that go into remodeling a pool. Reduce the headache of planning by contacting a professional. Shoreline Pools has 50 years of experience in designing and building quality pools. Contact us today for a consultation with our expert design team at (203) 357-1544.