Key takeaways:
- Pools can add value, but it varies widely based on location, climate, pool type, materials, and neighborhood norms.
- Pool installation costs range from $50,000 to $100,000+, while annual maintenance averages $1,200 to $1,800.
- Inground pools generally increase home value more than above-ground pools, which add little to no resale value.
- Permits and safety regulations, including fencing and setback rules, are required before installing a pool.
When considering home improvement projects to boost your home’s value you might wonder: does a pool increase home value? It’s a complex question, but in short, the answer is: it depends. Several factors like location, climate, pool type, materials, and neighborhood standards all play a role in determining the return on investment (ROI).
So whether you’re looking to install a swimming pool in your Fort Myers, FL or Las Vegas, NV home, this Redfin article breaks down the data on how much value a pool can add—and whether it’s worth the investment.
How much value does a pool add to a house?
The value a pool adds can vary widely. According to Curbio, the average return on investment (ROI) for a swimming pool is about 7%. But in places like Los Angeles, that number can jump significantly—up to $100,000 in added value. On the flip side, in some regions, a pool may add little to no value and might even be seen as a drawback due to upkeep and ongoing costs.
While the answer may not be as straightforward as you think, we’ll cover the main points to help you figure out if adding a pool is right for you.
Key factors that impact how much a pool adds value
- Location and climate: Pools add more value in warmer areas where they can be used year-round. In colder climates, they may add less value—or even be seen as a drawback.
- Pool type and condition: In-ground pools are generally more valuable than above-ground ones. A well-maintained pool adds more appeal, while one in poor shape can…