Is a swimming pool worth the money?
Everyone loves the idea of having a swimming pool in their own backyard. But, the big question is are they really worth it?
1. Real Estate Value
Despite what you may have heard in the past, YES, an inground swimming pool does increase the value of your home. This is especially true because of modern technology like salt and fiberglass have changed the paradigm that ‘pools are a lot of work'.
A few years ago, the National Association of Realtors stated that on average, an inground swimming pool will increase a home's value by 4–6%. Therefore, on a $500,000 home, one could expect to get $20–30k in additional home value with a pool purchase.
No, this does not typically cover the entire cost of the pool project, but it does certainly make up quite a bit of the difference.
2. The Impact on Children
I love my kids. I love watching them play. Their laughter brings me joy. And our time with them as parents is finite. Now I know some parents out there can't wait for the day when their kids are out of the home, but let me clearly state for the record that I don't fall in this category. Although I know the birdie eventually must fly from its nest and build its own home, I'm not going to push that birdie out. In other words, I'm going to enjoy ever moment of this wonderful gift called parenthood, and I can definitively say that owning a swimming pool adds incredibly to this time period and the joys that come with it.
3. A Family Affair
Children aren't the only ones that benefit from swimming pool ownership. In fact, I have many customers that are grandparents, aunts, uncles, etc., each looking forward to the times they'll share with their family in the backyard in and around the swimming pool.
Considering my sister is my neighbor, it has been unbelievable just how much we've grown together as a family since installing our pool five years ago.
Basically, the pool is a hub for all of us to play, talk, laugh, and genuinely pass quality time together without the normal distractions of the world.
4. The Community
Although this may not be for everyone, it has brought my family great joy to have youth groups and church activities at our home and swimming pool.
Many of these people, because we live in such a rural area, don't have the opportunities to swim in a pool very often. Owning a pool has strengthened our relationships with these great people whom we otherwise would not have gotten to know so well.
5. Creating a ‘Staycation'
I'm sure by now you've heard the new phrase staycation. For those of you that haven't, it means to 'stay' (at home) and have a ‘vacation'. This word entered the modern vernacular in the early 2000s and is likely the fact that more and more people decided to stay home and invest in their backyards instead of going on cruises, traveling, etc. I know many customers that have taken staycations at their home since buying a pool. Not only have they saved quite a bit of money, but they've also have told me such respites have been surprisingly entertaining and some of the best vacations they've ever shared as a family.
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Author - Marcus Sheridan