Adding a Swimming Pool
If you live in Florida or Southern California or another area where in-ground swimming pools are the norm, adding a pool to your home can potentially increase its value. But if you live in a cooler area of the country, a pool can actually lower your home value.
That’s because pools need a great deal of maintenance, which many homebuyers are unwilling to sign up for. There are also costs associated with pool maintenance, including everything from equipment repair to additional insurance, that can turn off potential buyers.
Finally, because pools can be a safety hazard for families with small children, the addition of a pool can mean young families will be less interested in buying your home.
