areas to sit will give potential buyers the feeling that they have stepped into a small, beautiful, sweet sanctuary that could be their very own. THE RESALE VALUE OF A SWIMMING POOL Though installing a swimming pool may seem like a sure bet in terms of resale value, youmust first crunch the numbers to figure out whether it is even worth it. Generally stated, install a swimming pool if you want one and are going to be in the home long enough to enjoy it. As an investment in market value, there are better ways to go. The ROI will generally be between 15% and 25%, which is not very much in resale value. Depending on the size, the depth, and the accessories, the installation costs will run you between $5,000 and $13,000. Moreover, those figures do not include the costs for chemical balancing and other ongoing maintenance. It also greatly depends on where you live. For example, if your home is located in the Midwest, you’re looking at an ROI of only 6%, whereas if your home is in Florida, you could get an ROI of 11%. The best way to figure out whether installing a swimming pool is worth it or not is to speak with your real estate agent. They will be able to tell you whether it would be worth doing in your specific region and market. RENOVATING YOUR SWIMMING POOL If you already have a swimming pool, you will need to ensure that it is in perfect condition before you have any open houses or viewings. Check for the following pool faults to determine whether your swimming pool needs renovations: · Liner, decking, and other materials may have worn down over time. · Plumbing, filter, pump, and any mechanical or electric system that is old and needs to be upgraded to current standards. · Old design or styling that no longer looks good and needs to be replaced. You can speakwith your real estate agent about the current state of your pool, ask their opinion, and ask for help in finding someone who can renovate
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