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If you live in a higher-end neighborhood and most of the homes have pools - In fact, not having a pool might make your home harder to sell.
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If you live in states with warm climates - In the Sun Belt region, pools are commonplace and can be an attractive feature for potential buyers. Having a pool might be an expectation for your property, and the absence of one can affect your home’s value. But if you live in areas where the climate is generally cold and pools can be used only for a few months, having one is a perk but not a necessity. Buyers may pause and weigh carefully whether it’s worth the hassle.
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If the pool is well-maintained and nicely designed - The condition and style of the pool are also crucial when it comes to fetching more value. A pool that’s been well-maintained, and has adjacent amenities, such as patios, shade structures, and outdoor furniture that make the surrounding area attractive, can boost your home’s value. If you're selling, ensuring that the landscaping around the pool complements the pool in both style and design can be a huge advantage. On the contrary, a pool that’s been neglected and in need of repair can be an eyesore.
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If your property is large enough to accommodate a pool - It also won’t add much value if the pool has been shoehorned into a small yard without having enough space for a garden and play area.
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Pool maintenance - Experts say this could cost anywhere from $80 to $150 a month on average, depending on the services. Some of the tasks include cleaning and vacuuming the surface, water testing, adjusting chemicals, opening or closing for the season, and any necessary repairs. If you're in a warm climate and use your pool throughout most of the year, expect to have more upkeep.
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Filtration - Better to get the most efficient filtration pump possible that uses less energy, although it may cost more upfront. You can further cut energy costs by setting the pump to run at non-peak times when rates for electricity are lower.
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Heating and electricity costs - If you’re planning to heat your pool, you may choose between gas heaters or electric heat pumps, which cost $2,000 to $5,000. Moreover, electricity costs for running a circulating pool pump costs about $300 per year. Heating a pool can also add $500 to $800 to your annual utility bills.
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Winterizing - In areas with cold climates, pools need to be winterized every year. This includes lowering water levels, cleaning, clearing the water lines, and installing a cover.
