Can a swimming pool increase the value of a home?

Many buyers consider it a liability rather than a luxury. Under the right circumstances, however, a pool could boost your home’s value by as much as 7%, Houselogic estimates. Here are the conditions: 1. You live in a higher-end neighborhood where most of your neighbors have pools.

Is it bad to have a pool on your property?

Having a pool on your property will increase your home’s liability, and that will probably raise your home insurance fees. Most policies cover pool-related incidents, but experts recommend …

Is it a plus to have a pool in your home?

There’s nothing like diving into a crystal-clear swimming pool on a hot day. To many homeowners and buyers , a pool is a plus—an upscale amenity that will enhance your life and make your home desirable to prospective buyers in the future.

How much does it cost to insure a pool in a house?

Having a pool on your property will increase your home’s liability, and that will probably raise your home insurance fees. Most policies cover pool-related incidents, but experts recommend increasing your liability from $100,000 to $500,000, which, according to HouseLogic, will cost about $30 more a year.

How does a swimming pool affect the value of a house?

For clients wanting to sell an upscale, luxurious home, a swimming pool is an expected amenity and not having one would decrease the value of the house. Some statistics say that pools, on average, add 7% to the value of the home, but I’m sure that average includes places where it actually subtracts value.”

Having a pool on your property will increase your home’s liability, and that will probably raise your home insurance fees. Most policies cover pool-related incidents, but experts recommend