4 Things You Need To Know Before Buying A Home With A Pool

Posted by Florida Realty Marketplace on Monday, July 27th, 2020 at 8:00am

4 Things You Need To Know Before Buying A Home With A Pool Many people love the idea of having their own private swimming pool. While it’s certainly a great way for your kids to enjoy the warm weather and as a gathering place for parties, owning a pool does come with some additional costs. Before you look for homes for sale in Lakeland, FL that come with pools, here are a few of the things you need to know so you understand what you’re taking on.

Pools Provide a Number of Benefits

In addition to giving your kids a place to hang out in the warm months, having a pool comes with a few other benefits, As mentioned above, your home may become the place for parties and hang outs if your friends or relatives don’t have pools of their own. Swimming is a great exercise, so you can improve your physical health by swimming regularly. You don’t have to worry about paying for a membership at a public pool or gym.

There are Also Downsides to Having a Pool

Before you do a search like, "homes for sale in Davenport with a pool", you do need to take a look at the downsides. As fun as having your own private swimming pool is, you do have to put in a good amount of work to maintain it. You need to clean debris out of the water, put the pool cover on when the pool isn’t in use, make certain you put the correct chemicals into the water at the right time, and more. If the pool develops a problem with the pump, you may have to pay a good amount to have it repaired.

There are also safety concerns. You will need to have your backyard fenced in so no one can get into your pool without your permission. You will also have to watch your children to make sure there are no accidents. Cost-wise, in addition to the maintenance and repair expenses, homes with pools are also typically more expensive to insure. If your pool is heated, your utility bills will also be higher.

Pools Can Affect the Value of Your Home

Many people assume that putting in a pool is going to increase the value of their home. However, that’s not always the case. It often depends on where you are and what your neighborhood is like. Florida is one of the most popular locations for pools, so there is a good chance it will add to your value. However, if you’re near the beach, you may not see as much of a return on your investment. Paying to add a pool to your home can help increase the sale price in some locations, but not in others. You’ll want to talk to a real estate agent before you break ground if you’re adding a pool for resell value only.

Pools Can Help Bring in Potential Buyers

Where pools can really help is in regard to your home’s attractiveness. In the Florida heat, many people really appreciate having their own pool. A number of homes do have pools, too, so you may find that if you don’t, your home doesn’t appeal to as many buyers. Even if there’s a community pool nearby, buyers are often looking for a privacy and will pay for their own pool.

On the other hand, there are some buyers who do not want a pool. They don’t want the extra maintenance or cost. Pools also take up a good amount of space. Some potential buyers may want a home with more yard space instead of a pool.

Ready to Start Your House Hunt?

Overall, don’t buy a home with a pool because of the added value it may bring—buy a pool because you want one and will use it. The enjoyment you get from your pool will make the extra cost and time more than worth it. If you’re ready to start searching for your new home, contact Florida Reality Marketplace today.

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