The short answer to this question is YES! A pool or hot tub can absolutely increase your home’s value.
After all, pools and hot tubs can be attractive amenities to buyers who are looking for a home that they can start enjoying immediately.
However, the value that a pool or hot tub can add to your home depends on a few different factors:
There are certainly some neighborhoods where pools and hot tubs are valued more than they are in other neighborhoods.
For example, if you live in a neighborhood that’s geared toward families looking to raise children and invest in a long-term residence, a pool or hot tub can add quite a bit of value.
On the other hand, if you live in a neighborhood that’s geared more toward young couples or singles looking for affordable homes, a pool or hot tub might not be as attractive, and could drive your home’s price up too high to appeal to potential buyers.
One factor that can significantly impact the value your pool or hot tub adds to your home is climate: In some areas, pools and/or hot tubs are more desirable than in others.
If you live in an area with consistently hot weather then a hot tub won’t be as appealing as it would be if you lived in a cooler climate.
For instance, homebuyers in the South likely won’t be willing to pay as much for a home with a hot tub as would homebuyers in the Northeast.
The bottom line is that if you live in a hot climate, a pool will add more value to your home than a hot tub.
Conversely, if you live in a cold climate, a hot tub will add more value to your home than a pool.
Cost of Installation:
The more you spend on installing your pool or hot tub, the lower your return on investment will be.
So, when installing your pool or hot tub, it’s important that you consider the cost of installation versus the amount of value you expect it to add to your home.
Need a Little Help?
If you’re considering adding a pool to your home’s exterior and think you’ve found a plan to follow, come to The Rock Place. We’ll help you choose the right style, size, and amount of stone required for your project. You’re welcome to call us at (615) 459-9200 with questions or just come by 475 Wade Herrod Rd in Smyrna to see our many options.