Buying a Home With a Pool: The Good, The Bad, and The Ugly
When you are looking at homes for sale online or with your real estate agent, homes with a beautifully landscaped backyard and a gorgeous swimming pool may stand out and get noticed. However, if you have never owned a home with this type of feature, you understandably have many questions and concerns. You may have heard both good and bad things from others how have had pools in the past. The reality is that there are both pros and cons to consider before you decide whether homes with pools should be considered, and you should be honest with yourself about each of these points in order to make a beneficial buying decision.
When you talk to other homeowners who have this type of feature in the backyard, one of the most significant things they will caution you about is the maintenance for pools. Maintenance must be completed regularly on a firm schedule, or you risk having a wide range of costly issues develop for both chlorinated and salt water pools. Maintenance may include physically removing items that fall into the pool, such as leaves and bugs that could stain the surface or that may clog your pipes and filters. It may also include checking the chemical balance and adding chemicals as needed. Filters and bulbs for pools may need to be changed less frequently, but they still add to your maintenance to-do list. You should also be observant for leaks and other potential issues in pools that should be addressed promptly and that can cost a small fortune to address.
The Consideration of Safety and Liability
When you own a home with a swimming pool in the backyard, you should be well-aware of the dangers the feature creates. Drowning in backyard pools is unfortunately common, and those of all ages may be injured or suffer from a fatal accident on your property. When this happens, you may be held liable in a court of law. You could be required to pay medical bills, funeral expenses, funds for pain and suffering and much more. Homeowners who have pools typically take numerous precautions to safeguard against accidents, such as by fencing the area and locking the back gate. They also usually will purchase additional homeowner’s insurance to increase their liability coverage for pool-related events.
How a Pool Impacts Your Living Expenses
Another drawback associated with owning homes with pools relates to your living expenses. This is a feature that requires constant maintenance, and maintenance is not cheap. You will need to regularly buy new chemicals, filters and more. You may also pay for professional pool maintenance service as an option to save you time on burdensome maintenance tasks. Utilities bills are usually higher in homes with pools as well, and this may be because energy is used to heat the water or an attached hot tub and because water that evaporates or that is splashed out will need to be replaced. As mentioned earlier, your home insurance cost may also escalate as a result of this feature.
How Your Home Value Is Affected
While there are some drawbacks associated with owning homes with pools, you should be aware that this feature can positively impact home value. This is particularly true if your property is located in a state with a warmer climate because potential buyers will enjoy greater use of the pool in a southern or southwestern state. You should be aware, however, that not everyone wants to purchase a home with this feature despite the warm local climate. Some are turned off by the drawbacks associated with having a pool, and they may instantly rule your property out of consideration because of this feature. With this in mind, while you can generate a greater return on the home because of this feature, it may take you longer to find an interested buyer.
The Personal Benefit of Having a Pool
Homeowners have have backyard pools often get great personal enjoyment out of pools that cannot be underestimated. With a beautiful pool sitting just steps away from your back door, you will have an excellent area to exercise outdoors on even the warmest days of the year to boost your health and well-being. This area is great for keeping the kids entertained all summer long, for entertaining family and friends with backyard barbecues and for simply relaxing on your own. This feature can turn a basic backyard into an almost resort-like experience. Altogether, this can add tremendous personal enjoyment to your life in different ways.
The Impact on Yard Space
Depending on the size and shape of the yard as well as the size and shape of the pool and the presence of other large features in the yard, the impact on space can be considerable. Some home buyers do not want to deal with burdensome yard maintenance, and they may welcome the addition of a pool that takes up space in the yard. After all, there may be a large paved patio area surrounding the feature as well. On the other hand, if you have kids and pets, they may need at least some grassy area in the space. Take time to determine your need for grassy areas and to determine that the home you are looking at has sufficient grassy areas.
As you can see, there are both pros and cons associated with buying a home with a pool in the backyard. Some buyers are perfectly agreeable to the added upkeep and expense associated with having a pool, and they feel that the benefits of having access to this feature in their backyard far outweigh the drawbacks. However, each home buyer should carefully review these factors to make a personal decision that is right for them. Regardless of whether you are looking for a home with a pool or not, the skilled real estate team at Evergreen Properties and Investments can help you with all of your property needs.
From the Author: My name is Dan Barcelon and I believe that Real Estate can be one of the most valuable assets you’ll ever own. I’m dedicated to educating and guiding my clients on how to manage and leverage their homes to create an Evergreen legacy for themselves and their family. I primarily consult both home buyers and home sellers on reaching their personal and financial goals through Real Estate in the following cities of Southern California: Long Beach, Carson, Cerritos, Signal Hill, Torrance, Lakewood, Cypress, Downey, Bellflower, Norwalk, Wilmington, La Palma, and Artesia.
If you’d like to discuss if buying, selling, or investing in real estate is right for you at this time, feel free to reach out. You can call/text me at 562-270-5812, or you can e-mail me at danb@EPIrealestate.biz.