It’s Spring and the real estate market is booming. Buyers are tempted this time of year to look for homes with a swimming pool. The pool is beautiful; they can imagine entertaining family and friends around it, back yard BBQs and kids splashing. But, do you really want the investment of a pool?
Here are a few things to consider –
It is always less expensive to buy a house with a pool than to install a swimming pool. So if you are a pool person, look for a house that already has one, installing an in-ground pool is $40,000 plus (and I mean PLUS).
There are other cost factors to consider as well, the electricity to run the pool will add about $30 - $50 onto you monthly electric bill, chemicals to keep that pool sparkling can run $100 plus a month during the hot summer months. And they are work to maintain them. They also increase your liability so you may want to check with your insurance provider to see if your policy is up to date.
So should you buy a home with a pool or not?
On the plus side, swimming pools are part of the unstoppable outdoor trends which have given new emphasis to backyard landscaping, fencing, walkways, decks, weather-proof kitchens, fireplaces, covered and open patios, arbors, ponds, and play areas. Pools are fun, they promote fitness and they give you a great place to entertain family and friends.
On the negative side are safety and compliance issues. Pool maintenance can be monthly and turned over to a pool service, but that’s yet another bill to pay. If you do not maintain your pool’s water things can go wrong and it is another bill to correct the issue. A swimming pool uses lots of water and chemical treatments to keep it clean, attractive and safe, and it will increase your homeowner’s insurance.
Pools come in five styles, in order of the least to most expensive type of basin:
• Above-ground pools
• Fiberglass pools
• Vinyl-lined in-ground pools
• Gunite pools
• Poured-concrete pools
Now that you know more about structures of pools and the pros and cons, do you want to be a home owner of a home with a swimming pool?
Before you buy, ask the seller for any maintenance and repair records they might have for the pool, and include the pool in the home inspection. Remember when you purchase a home with a pool you are getting a real deal on that pool.
Let us help you find your perfect home with the outdoor oasis you will adore.