Is it worth putting a pool in your backyard?

1. Real Estate Value. Despite what you may have heard in the past, YES, an inground swimming pool does increase the value of your home. A few years ago, the National Association of Realtors stated that on average, an inground swimming pool will increase a home’s value by 4–6\%.

Does building a pool add value to your house?

Real estate experts estimate that an average 14×28-foot inground concrete pool potentially adds 5 to 8 percent to the real estate value of your home. If your property is worth $400,000, you’ll realize a boost to the value of your property of about $20,000 to $32,000.

Is it good to have a pool in the homes?

Having a pool may increase your property value (or not) Having a pool may dramatically increase your property value. In fact, if you live in Florida, Arizona, Southern California or any other warm weather locale, you may be more likely to resell your home if the property has a pool.

Are houses with pools harder to sell?

A Home-Selling Obstacle or Feature? It won’t be easy since a swimming pool can actually make your home harder to sell. Many buyers consider it a liability rather than a luxury. Under the right circumstances, however, a pool could boost your home’s value by as much as 7\%, Houselogic estimates.

Are pools expensive to maintain?

Pool Maintenance Cost The average cost to maintain a pool is $80 to $150 monthly or about $960 to $1,800 yearly. For a first-time pool cleaning service, expect to spend $150 to $350 on average. The annual cost to own a pool is $3,000 to $5,000, which includes maintenance, repairs, electricity, and water.

Are homes with pools more expensive?

The out-of-pocket costs that come with buying a home are already high, but purchasing a home with a pool is even more expensive. That’s because hiring a traditional home inspector to examine the pool won’t cut it. Most have limited knowledge and training, says Maria Zamora, a real-estate agent based in Addison, Texas.

How much does a pool cost in electricity?

The average swimming pool will cost between $660 and $1,000 to run annually – consuming between 2,000 and 3,000 kilowatt hours of electricity. That’s about $23 each week! This cost takes into account the ongoing cost of your pool pump, but does not include heating – that’s going to be extra!