The Pros and Cons of Owning a Pool

July 1, 2014

IMG_0968When it comes to selling your house, there are several factors that can help raise its value. Owning a pool has typically been viewed as a definite selling point, and is often a feature prospective home buyers are willing to pay extra for, especially if it is in-ground. As Dean Graziosi explains in this article, however, there are many pros and cons of pool ownership.
Some of them are outlined below.

Pros

Swimming pools provide a great means of exercise. This is great for both children and adults because it promotes physical fitness right in one’s own backyard. This type of exercise is also often recommended for those who have knee, leg, or other injuries.

Pools can provide hours of fun. Since in many climates, people can swim or relax in their pools from late spring to early fall and sometimes even beyond, there are several months out of the year when a swimming pool can be used. Even just relaxing in the water can be calming.

A swimming pool in the backyard can actually raise the value of a home. This is especially true if the pool is in-ground and if a deck and fence have been placed around it. Outbuildings for changing clothes and storing pool-related items will only increase the home value because the pool can serve as an entertainment area of sorts.

Cons

Pools can be costly to install. Even the above-ground variety can come at a high price. An above-ground pool is also difficult to install, especially if you plan to make it a more permanent fixture in the yard. Also, you will either be responsible for the installation yourself or will need to hire someone to do it for you. Hiring someone else will, of course, come at an added cost.

An in-ground pool may be installed by someone else thus taking the work off you, but it is quite a bit more costly than an above-ground option. What it may come down to is how badly you really want a pool and how much it will be used.

Pools are also expensive to maintain. Cleaning them takes time and effort, and is a process that must take place on a regular basis.

Swimming pools can also be dangerous for those who are unable to swim. Small children may also fall in and become injured or drown if unsupervised. That is why a fence around the pool is absolutely necessary and there should always be more than one person either in or by the pool at all times whenever it is being used. As an article posted on freshome.com denotes, a homeowner may actually be held responsible for accidents caused in the pool.

So is pool ownership worth it? That is up to the individual homeowner. If you are willing to shell out the cash and take on the responsibility that comes along with it, the answer may very well be yes. If, on the other hand, you do not want the responsibility or feel it really isn’t an affordable investment for you, perhaps you should look at other home improvement options. You can learn more about this and other real estate topics by visiting Dean Graziosi’s website.

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#dean graziosi #homebuyers #housing #investing #Investment #pool #Real Estate