Having a backyard pool is one of the most luxurious features you could possibly have on your property.
Not only does a swimming pool enhance your quality of life, it can also make your property stand out on the market if the time comes for you to sell. It could even increase the price of your home.
Recent research by CoreLogic shows swimming pools can add up to $400,000 to the value of homes in certain suburbs.
Property InDepth valuer Rene McLean points out that swimming pools add more value in premium suburbs and lifestyle blocks, where potential buyers see swimming pools as almost an expectation.
Properties located in low-value suburbs, which are popular with investors, are less likely to see a price bump from having a pool.
The added value also depends on things like the age and condition of the pool and where the pool is positioned on your property.
However, if your home is in a good location, there are some good reasons to consider installing a pool if you want to increase its value.
Why having a pool can increase your property’s value
Street Appeal
A well-maintained pool can make your home more attractive. Potential buyers are often drawn to homes with pools, as they add a sense of luxury and sophistication to the property.
A visually appealing pool can make your home stand out from others in the neighbourhood and attract more buyers when it comes time to sell.
The Compass Pools range offers a large number of beautiful pools which are sure to dazzle potential buyers and will ensure your backyard becomes a luxurious oasis of relaxation and enjoyment for years to come.
Increased Marketability
Homes with pools are often more marketable and it can be a great selling point.
Many homebuyers specifically search for properties with pools, so by having a pool, you can appeal to a wider range of buyers and potentially sell your home at a higher price.
Outdoor Living Space
A pool can serve as an extension of your outdoor living space, providing a perfect setting for entertaining guests, hosting family gatherings, or simply relaxing on a warm summer day.
A well-designed pool area with comfortable seating, landscaping, and outdoor amenities such as a barbecue or fire pit can create a luxurious outdoor oasis that adds value to your home.
Health and Wellness Benefits
Having a pool at home can promote a healthy and active lifestyle.
Swimming is a great form of exercise that can improve cardiovascular health, build muscle strength, and relieve stress.
Homebuyers who value health and wellness may be more inclined to purchase a home with a pool to enjoy these benefits.
Return on Investment
While installing a pool can be a significant upfront investment, it can provide a high return on investment when it comes time to sell your home.
However, timing is important if you want to reap the maximum returns.
Classic Builders building consultant Mark Hooper says installing a pool in a new build – or at least planning for one when you’re building – can save significant amounts of money.
He says even if a pool isn’t added when a house is built, adding a pool to the overall building consent and ensuring the right drains are in place saves much of the upfront cost of installing a pool.
Doing this makes it more likely that the pool will be a positive return on investment in the long run.
Experience the luxury of Compass Pools
As an authorised Compass Fibreglass Pools dealer, Wright Pools & Spas brings you the world’s toughest, most durable, most innovative fibreglass pools.
When compared to other types of pools such as concrete or fibre glassing in situ, Compass Pools typically take a lot less time to install. Generally, we can get your pool in place, plumbed up, and filled with water within days of getting it to site.
Not all fibreglass pools are created equal, so it’s important to choose a quality brand that will last for many years to come.
Our ceramic core technology allows us to build you a tougher and more durable pool, which is designed to cope with seasonal ground movement, and the effects of long-term immersion in pool water.
Compass Pools can be customised to suit your lifestyle, and they come in a wide variety of colours to suit your tastes.
With self-cleaning options and the ability to be built on sloping sites, Compass Pools are the ideal solution for your property.
