When it comes to adding value to your home, few investments can match the return of a pool. Not only will it provide hours of enjoyment for you and your family, but it will also make your home more attractive to potential future buyers.
Most real estate agents and housing experts agree that a pool increases the property value of a home by anywhere from 5-10%. This is especially true in high-end neighborhoods, hot and humid climates (such as here in Tennessee), and in areas where demand is high.
Keep reading as we break down everything you need to know when adding a pool to your home.
Thinking About Adding a Pool? Here’s What You Should Consider.
While pools can be a great investment and addition to your home, they are a pretty sizable investment. So as you make the decision to jump into the deep end and add a pool, here are some things you should consider.
- Initial cost of installation: What is your budget for the initial cost of the pool?
- Maintenance costs: How much are you willing to spend on regular maintenance?
- Longevity: Certain types of pools are more durable and will last longer without high maintenance costs.
- Resale value: In-ground pools have better resale value and higher return on investment.
- Personal preference: Your pool is for you and your family. Which option do you think would meet your personal needs?
How Much Does a Pool Cost?
There’s no way around it – pools can be expensive. But the cost can depend on a wide range of factors. And it’s likely not as costly as you might think.
Above-ground pools tend to be more affordable and can typically be installed for under $10,000. Inground pools can cost upwards of $20,000 depending on the size, features you want, and the materials used. (Feel free to adapt the numbers above to meet your pricing.)
What Type of Pool Should you Install?
When it comes to choosing pools, there are several different options depending on your budget and preferences. Here’s a breakdown of the different types of pools you can choose.
Fiberglass pools are one of the most popular solutions for in-ground pools. Fiberglass pools are made with composite shells that are then built into your outdoor space. The pre-designed shell makes it a low-cost, low-maintenance, and quick-to-install option. They come in a wide range of sizes and shapes, with features like stairs and ledges to create your perfect backyard oasis.
They are also easier to maintain than other types of pools and resistant to damage from weather or chemicals.
Vinyl Liner Pools
Vinyl pools are another popular choice for homeowners. They are relatively easy to install and have a less expensive upfront cost compared to other types of in-ground pools. They also require slightly more maintenance. Because they are fitted with a plastic liner, you can easily change up the look of your pool by replacing the liner. However, keep in mind that vinyl liners aren’t meant to last forever and will need to be replaced approximately every 10 years.
Gunite pools are the most luxurious and durable type of pool. But they’re also the most expensive.
Gunite pools use a combination of cement and network steel, which means it’s easy to create any shape and size that you need. It’s a great solution if you need a pool that is a unique shape or includes unique features.
But keep in mind, because gunite pools are completely custom, they will take longer to design and install.
What Size Pool Should You Add?
Adding a pool to your home can be a great way to enjoy the summer months, but it’s important to choose the right size pool for your needs. Some questions you should ask include:
- How many people will be using the pool frequently?
- Do you plan to entertain guests? How many?
- What is the pool being used for? Will you need space for swimming laps?
Of course, depending on your property you might be limited by things like outdoor space or yard condition. Our team of professionals can help you identify things that might impact the size of your pool.
Additionally, make sure to consider your budget. Larger pools will typically cost more upfront. They will also cost more when it comes to maintenance.
Finally, while it might be tempting to make your pool as big as possible, you need to consider the rest of your yard space. You’ll need enough space around the pool for deck chairs, tables, and other furniture, as well as enough room to walk comfortably. Depending on if you have children or nearby neighbors, you may also need to leave space for safety fences and other storage.
Things you Should Know About Pool Safety
Pools can be fun, but they can also be dangerous if they aren’t planned carefully. When adding a pool to your home, make sure to consider the following safety factors and upgrades.
Fencing is a great way to add value to your property but also keep your pool safe and secure. Exterior fencing around your backyard can help make sure strangers don’t wander into your yard.
You can also add specific pool safety fencing. This is extremely helpful if you have young children or pets that could accidentally end up in the pool.
Many regions actually require fencing at a specific height around your yard if you have a pool. Even where not required, fencing around a pool can help reduce your insurance premiums.
A pool cover is a smart investment for any pool owner. Not only does it help to keep the pool clean, but it also extends the life of the pool by protecting it from the elements.
More importantly, a pool cover provides an important safety measure by keeping children and pets out of the pool when it is not in use.
There are a wide range of different pool cover options, depending on the type of pool you have. You can opt for manual covers or even automatic ones that will cover your pool electronically. The costs can vary depending on the size of your pool.
Water Chemical Safety
One of the most important aspects of pool care is maintaining the chemical balance. Too much chlorine can irritate skin and eyes, while too little can allow algae and bacteria to grow.
The way you keep your pool water safe depends on the type of pool you have.
Balancing the chemicals also helps to protect the pool itself, preventing damage to the liner and other components. Your pool contractors should walk you through all maintenance requirements to keep your pool water safe.
Electronic Smart Pool Monitors
The same way we can now have safety features in our homes like smart home security or smart thermostats, there are many similar options for pools.
From electronic or invisible fencing to water monitoring, there is a wide selection of smart technology that can help improve the safety of your pool. They can detect things such as pH levels, filtration rates, and even detect foreign objects that have entered the pool area.
Smart homes always tend to have higher values, so this can be a great way to maintain the safety of the pool as well as increase the value of your home.
Choose The Experts at Coyote Creek for Your Pool
Swimming pools are an investment that can completely transform your home. As long as you’ve considered all the different factors, you’re ready to start the process of adding your pool.
The team at Coyote Creek can help you navigate all the options you have for adding a pool to your home. We can walk you through all the details and even support you with additional landscaping to turn your backyard into an outdoor oasis.
Contact us today to learn more and get started with your pool plans. Located in Brentwood, TN, Murfreesboro, TN, Nashville, TN