You may not always want to pack up and head to the beach, especially with a big family.
Is getting a Pool or Jacuzzi a good investment for you?
Let’s look at both the benefits and down sides.
Making a Splash at Number One …
Family time is the number one bonus – splashing around is an activity everyone can do together and have fun! Beaches can be distracting and don’t really give you the same feeling as relaxing at home and enjoying time with your family and friends.
Next … Stress Relief
Having a pool is one of the most therapeutic things anyone can ask for. Being able to have a gym and tranquility all in one can be the best!
A pool can be a great enticement to get out of the house on a hot summer day and move around – whether it’s swimming, aerobics or just some good old “Marco Polo”. It helps get the kids moving helping to counteract all the indoor time during the winter when they tend to spend more time on video games.
Does a Pool Add Value to Your Home
Is this a good investment? The answer is – it depends. It depends on the market and the buyer. If you are in an area where the majority of the homes have pools, and are selling high, than it may increase your appeal, but at the end of the day it all depends on who your buyer is and what they are looking for.
Are You Creating a Money Pit?
This can be what a lot of potential home buyers think of when they see a pool in the back yard and don’t understand what the actual costs of maintenance are. They may see the entertainment possibilities, but also think about the associated liability.
It’s important to educate people on what they can expect and what maintenance can run – usually about $3,000 to $5,000 a year.
At the end of the day there is a 50/50 chance that a pool will enhance the value of your property. Pools are a lot of work, but can also be a great source of enjoyment. If you want one for your own pleasure – dive in!