How Fiberglass Pools Affect Home Value

For many people, owning a fiberglass pool is a dream come true. If you’re one of them and you’re about to purchase or have already purchased a pool, then you might also think that you’re making a smart investment. After all, a pool is bound to raise the value of your home, right? The answer to that question is a bit more complex than you might think however.

Yes, They Add Some Value

First things first, at a basic level, yes, fiberglass pools can add some value to a home. In fact, according to the National Association of Realtors, you can expect to see about a 5% increase in home value after adding a fiberglass pool. However, most people will pay more for their pool than they will earn by selling their home with a pool installed. So, while you shouldn’t just buy a pool to raise home value, you should buy one for your own enjoyment and then appreciate the nice little “bonus” you get when you eventually sell your home.

They Can Increase Desirability

Of course, a fiberglass swimming pool can have value other than just fetching some extra money. It can also increase the overall desirability of your home, which may make people more likely to look at your home, to make an offer, and to make a larger offer than they otherwise would have. There are many buyers for whom a pool is a major selling point. Some will even look at a home they weren’t otherwise interested in just because it has a nice pool. Thus, in these ways, you pool ultimately could be what attracts your buyer or spurs them to make a decision.

Great Selling Points

When the time does come to sell your home, remember to make the most of your pool by talking up its best features! Fiberglass pools, for example, are designed to be incredibly long-lasting and require very little maintenance. Make sure potential buyers know this about your pool and that you also mention any extra features you may have added to make it even more desirable!

The bottom line is that, while you probably shouldn’t purchase a pool just as an investment, it can ultimately help you to sell your home and to earn some extra money on that sale. Remember, though, the focus should be on adding joy to your life. Anything else you get out of the deal is just a pleasant surprise.