Do You Really Need A Pool?
When the hot summer comes, many homeowners start dreaming about splashing around in their own pool. Taking a swim after a hot day without leaving your backyard seems like a benefit, which is hard to resist. Parties around the pools, swimming contests, and sunbathing can make your summer much more enjoyable. However, pools aren’t cheap. Should you really invest in one? Let’s find out.
How Much Will You Pay?
The first thing to consider is the price. A pool is a formidable investment, so before dreaming about splashing around, you need to count your money. Take a good look at your budget to find out whether it can handle a pool this year. You can reduce the price by choosing a certain pool size and structure.
When counting the money, don’t forget to factor in landscape changes for aesthetical purposes as well as safety features. Also, consider the regular pool maintenance, without which you may end up with dirty water or leaks. You will also need to invest in insurance, which is required by law. The insurance is necessary to cover pool-related accidents. You may want to go for higher insurance than required by law in order to have a peace of mind.
Will It Increase The Property Value?
Even though investing in a pool may make a slight hole in your budget, it can increase your property’s value substantially. When you compare the amount you spend on the pool and the rise in the property’s value, they will most likely be similar. Don’t count on the pool to have an impressive ROI. Other home improvement projects, such as kitchen renovation, can boost the value of the house much better than building a pool.
Did You Consider The Future?
Are you planning to have a child shortly? Then you may want to put off the pool-building project until he or she becomes a little older in order to avoid accidents. Or maybe your kids will go off to college soon and the pool will stay unused for months. Perhaps you are not a big water-lover? Or maybe going to a nearby pool club will satisfy you just as much as the pool in your backyard?
What About The Weather?
How often do you think you’ll be using the pool? If you have hot and sunny springs and summers, the pool may be a great choice. However, if you live in a cool climate, which won’t allow you to use the pool for many months in a row, it may not be worth your while. Even if you don’t take advantage of the pool, you still need to maintain it on a regular basis.
What Do You Really Want?
Even if the pool is costly and you won’t be using it too often, you may have been dreaming about it all your life. Then the pool is a worthy investment. However, if you are thinking about getting a pool just because “everyone else does” or “maybe it will be fun”, then it may make sense to put the project off for later.