Twila E. Palmer's Blog
Does a backyard pool add value to a home? That has been a long debated question among real estate professionals. While there is no clear answer the National Association of Realtors reports that pools add approximately 7.7 percent to the average property value. But there are some caveats to that statistic. In recent years, pools have become more part of the landscape that a hole in the yard. Things that increase home values with pools also include backyard landscaping, fencing, walkways, decks, and fabulous plantings. Another factor that increases a property’s desirability and value is if the home is in an area that has a large number of pools. Be aware if your neighborhood has a community pool it may be difficult to attract buyers for your home. Experts say buyers that are looking for pools are typically middle age with teenage children. While buyers with younger children might shy away from a home with a pool and view it as an accident waiting to happen While in-ground pools return approximately 50 percent of their initial investment, be sure to keep service records that show it’s in good working order prospective buyers will want to see the pool has been properly maintained.