Is a pool a smart home investment?
Posted on Friday, December 30, 2011 at 11:05:38 PM
Pools are a luxurious addition to many homes, but depending on where you live they may in fact decrease the value of your home. A homeowner may wish to consider where they live and the expectations of the regional market they are in before they obtain home improvement financing for a watery feature.
In some regions, such as Florida, Southern California and other gulf areas, pools are considered a boon to the value of a home. However, other regions, such as mid-west, pools are not typically seen as a necessity and not prized. Homeowners who are deciding putting in a pool may wish to consider an above ground because it allows potential buyers the chance to remove the feature of the home if they wish without much hassle, in comparison to an in-ground.
As always, research about the housing market is key before making big changes to a home that may effect the value - while still remembering to create a worthy abode. If a pool fits a families needs, a homeowner may wish to install one and forgo potential selling complications down the line.