• Do swimming pools add value to your real estate investment?

    10 Jan, 2013 | 75 views

    Swimming pools are increasingly more than just somewhere for swimming. They have evolved into entertainment centres of the modern home, with an emphasis on style and functionality.

    Do Swimming pools add more value to your property and things you should consider before taking the plunge!

    Home value – a pool can change the value and resale value of your property, both positively and not so positively. For various reasons (for example: safety, maintenance) not all buyers will be attracted to a property with a pool, others will see an aboveground or in-ground pool highly desirable.

    How much value a swimming pool can add to a property is a debatable point.

    Swimming pools are increasingly more than just somewhere for swimming. They have evolved into entertainment centres of the modern home, with an emphasis on style and functionality. Modern pools are often integrated into the architecture of a house, with water features that complement the garden and landscaping features.

    What to consider?

    Cost – swimming pool installation is an expensive undertaking. Also be aware that the removal and disposal of rocks, and other materials can be very expensive.

    Regulations – Refer to your local council or private accredited certifier to determine who can approve your plans. Considerations might include any unstable foundation soil, or the presence of underground cables, that could increase costs dramatically. A site plan will show the position of sewers, storm water, drainage systems and other utility pipes.

    Safety – consider the implications for child safety, including any legal requirements for a child-resistant barrier.

    Type – above ground pools tend to be less expensive than sunken pools. Above ground pools can also be dismantled easily, and therefore do not require a long-term commitment. They are however not as durable and aesthetically pleasing as a sunken pool. They generally do not take up as much space and will suit a smaller garden.

    Size – Size your pool so it complements the scope of your property. It should not overwhelm a space, and should be functional and aesthetically pleasing. Allow for future inclusion of a shed, barbecue or clothes line.

    Maintenance – consider the ongoing physical and financial commitment entailed in maintaining a pool. Try to choose the safest and lowest maintenance approach using as few chemicals as possible.