A home is considered to be an investment, so it’s only natural to be concerned about home value. Buyers and resellers alike are interested in the extra details they can add to a home to make it more profitable in the future. Is an above-ground pool one of these details? Although every neighborhood is different, the general answer from appraisers and realtors is that it usually is not. Here are the reasons they give.
A Pool Attracts A Specific Type Of Buyer
One of the things realtors always stress is to make your home appealing to as large a sector of buyers as possible. Not every home buyer wants an above-ground pool on their home’s landscape; in fact, many people do not. An above-ground pool can be a significant responsibility for which many people today do not have the time or money. If an above-ground pool is large, it takes up valuable acreage which could be used for something else.
When a buyer looks at a prospective home, he is also considering the amount of renovation he may need to do after purchase. If he doesn’t want your pool, he will have to figure in the cost and labor to remove it. Since many buyers are looking for a house in move-in condition, this can be seen as a deterrent.
Maintaining an Above-Ground Pool Can Be Expensive
Unlike a stationary architectural detail such as a deck, a pool requires continuous maintenance which many homeowners are unwilling or unable to give. Consider the following expenses that go along with owning an above-ground pool:
- Water and electricity cost
- Pool filters and accessories
- Chemicals for overwintering
- Cleaning solutions
- Pool safety features
- Grounds maintenance
- Pool repair
First-time buyers and older buyers may not want to assume these costs.
Above-Ground Pools Can Be Unsightly
Anyone who has ever seen an above-ground pool that has been left uncared for by the previous homeowner can attest to what an eyesore it can become. In addition, the design of many above-ground pools isn’t continuous with the design of the home. Buyers are attracted by spacious lots and beautiful landscapes which allow room for their own creativity.
Consider Installing An In-Ground Pool Instead
In terms of home value, an in-ground pool can be a better investment than one above-ground. It is considered by buyers to be an integral part of the home, and is thought to be a desirable asset. In some neighborhoods, particularly in warmer climates, it is actually viewed as a necessity.
Advice For Your Own Home
If you are living in a home with an above-ground pool that you like, enjoy it. It’s an individual taste. If you are trying to resell your home, realtors advise you may be better off removing your above-ground pool before you sell, so that you can appeal to a larger group of buyers.
Always consider the other homes in your neighborhood when trying to figure out what things will add value to your home. “Value” is a somewhat subjective term that varies with the area, the type of home, and even the state of the economy.
Related article: Can Above Ground Pools Be Put In The Ground?