A backyard pool is the envy of everyone during the summer, and in some areas, is also practically a necessity (more on that later). For many people though, a backyard pool may seem like an unnecessary luxury. Others see a lot of extra work cleaning and maintaining it. However, when considered from the point of view of your home’s value and your family’s health and amusement, an in-ground pool can be a good investment and home improvement project.
As this article is about in-ground pools, we’d like to offer our professional opinion about above-ground pools before we get started: don’t buy one. They offer little or no value to a home and some experts believe that they decrease a home’s value by 1-2%.
In-ground pools and your home
If you are going to invest in an in-ground pool, go with materials that last. This means that pools with vinyl liners are out, as the liner must be replaced periodically. Pools lined with gunite or fiberglass, however, are very durable and much more likely to add value to your home. To be a worthwhile investment, you must also maintain the in-ground pool during the length of your ownership. If managed properly, an in-ground pool can increase your home’s resale value by up to 6%.
Here are two other considerations about in-ground pools are climate and neighborhood. First, if you live in a warm-weather state, an in-ground pool is likely to see a lot of use, and therefore be a more attractive feature for your home. Homeowners in states with shorter warm seasons throughout the year should think more carefully about investing in an in-ground pool, as their usage is more limited.
Second, your neighborhood might just be the most important determining factor. If many (or most) of the homes around you have an in-ground pool, then installing one is a good idea to remain competitive when it’s time to sell. In neighborhoods where pools are rare, the choice becomes harder. On the one hand, having the only pool around can make it an attractive amenity. On the other hand, many prospective buyers may see it as a luxury they can do without and opt for a cheaper home without a pool.
In-ground pools and your family
This is an easier decision. When it comes to family, pools are about entertainment, exercise, and enjoyment. The kids will love being able to cannonball into the water anytime they like, and you’ll find the pool is a wonderful draw for guests. With all the fun, it might be easy to miss the benefits of easily available exercise, but they are very real. Whether swimming laps or playing Marco Polo with the kids, your pool activities are sure to make you healthier and happier. As long as you and your family are prepared to accommodate the maintenance requirements for an in-ground pool, you won’t regret it.
In conclusion, in-ground pools can be a good investment when they match both your lifestyle and resale value goals. At Morgan Contractors, we have more than 18 years of experience providing quality home improvement services, including in-ground pool installation, to the Tristate area. So, if you are looking for a safety-compliant, fully insured, highly reputable company for your next home improvement job, we are it!
For more information about how we can make your in-ground pool installation a success, to request an estimate, or for general questions, please contact us today or call 201-401-1800.