or a hot tub with some comfortable 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 SWIMMIN F A SWIMMING POOL
Though installing a swimming pool may seem like a sure bet in terms of resale value, you must 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.
RENOVATING YOUR SWIMMIN UR 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 speak with your real estate agent about the current state
46
Powered by FlippingBook