On a hot day, there’s nothing quite like throwing on your bathing suit and going for a swim. It’s the reason so many home buyers love the idea of having a pool in the backyard. Sound familiar?
Of course, when it comes to one of the biggest purchases of your life, being practical is key. To enjoy your home to the fullest (and help secure the future return you’re hoping for), you’ll want to ensure that every home-buying decision you make is an informed one. That includes whether the property you purchase should have a pool.
If you’re thinking about buying a home with a pool, here are the pros and cons to consider…
The benefits
If you enjoy taking a dip in the summer, you’re already aware that swimming can be a whole lot of fun. Of course, the advantages don’t end there. Here are a few other pros associated with owning a pool.
The social aspect
There’s a reason pool owners love to throw parties. It’s a great way to get to know your neighbours, bring people you care about together, and help your kids make the most of summer with their friends. For many families, the pool plays a significant role in creating fond memories.
Quality time
Not every family is lucky enough to have a cottage, and driving to the beach isn’t an everyday occurrence. One of the best things about owning a pool is knowing you can splash around with the kids any time you want—and help them become strong swimmers in the process.
A healthy lifestyle
If you’re not the type to stick to a regular gym schedule all summer long, swimming can help you stay in shape. Whether you’re doing laps, treading water, or simply playing with your little ones, there are some major health benefits associated with staying active.
The drawbacks
While having a pool can come with benefits, there are also a few potential downsides. Before you commit to owning one, you should factor the potential cons into your decision.
The costs
Owning a pool will cost you. From equipment and electricity to repairs, maintenance, and higher insurance premiums, the expenses can add up quickly. If you decide to go the pool-ownership route, prepare to set aside several thousand dollars annually.
Maintenance issues
When you own a pool, it’s not just hard-earned cash that you’ll put into it. Cleaning and maintenance is a commitment, too. From skimming leaves to ensuring proper pH levels to performing winter preparations, be ready to put in some serious time.
Selling may be more challenging
Last but not least, owning a pool can affect your future home sale—and not necessarily in the way you think. The truth is, there are buyers out there who simply won’t be interested in your property—and the costs and maintenance that come with it. Fortunately, not every home hunter feels that way.
Making a decision
Buying a home with a pool isn’t something you should do lightly. To ensure that the decision you make aligns with your family’s lifestyle, think carefully about the potential pros and cons.
The good news is, deciding to take the plunge doesn’t have to mean a lower return down the line. When it’s time to sell, an experienced real estate agent can help you market and sell your property to buyers who will truly appreciate it!
Ready to find the right home, with or without a pool? Get in touch—we’d love to talk about the purchase process.
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