Inground pools are becoming increasingly popular, with 59% of pools in American homes being inground pools. Are you a homeowner in Texas tempted by the idea of installing an inground pool in your backyard?
Before taking the plunge, there’s just one question to answer: will it increase my property value? The short answer is yes — but don’t forget all of the other benefits that come with owning an inground pool.
From beating the summer heat to creating a new outdoor space for entertaining family and friends, there are countless reasons why investing in an inground pool could be worth it. That being said, you need to ensure it’s right for your family and your home.
To help ensure you’re making the right decision, read through this article and decide if adding an oasis to your backyard could be right for you (hint: it likely is!).
Inground Pool Benefits
Before diving into the value of installing an inground pool in your backyard, let’s explore some of the biggest benefits of this type of feature. Sure, having a luxurious pool looks great in Instagram pictures, but other inground pool benefits extend far beyond aesthetics.
An inground pool in your backyard can bring a lot of family fun and make summer days even more enjoyable. It’s the perfect setting for children to learn how to swim and provides an ideal spot for hosting get-togethers with friends and family.
Plus, you don’t even have to leave home to enjoy a leisurely swim or outdoor activities. An inground pool offers something special that all ages can appreciate, providing a time for everyone, from toddlers to grandparents, to come together and create amazing memories.
Having an inground pool also offers several advantages for outdoor entertaining. With its built-in layout, inground pools make hosting a gathering of family, friends, or neighbors easy and convenient.
Not only do inground pools provide an instant venue for outdoor activities, but they also help create a more luxurious oasis that you can enjoy year-round. From stylish decorations to alluring lighting, inground pools have the potential to become an inviting and memorable backdrop for events, night or day.
Having trouble hitting the pavement to exercise in your neighborhood? Having a pool provides space for a low-impact exercise that is gentle on the body and joints. It’s also an easy and convenient way of getting a good workout.
Exercising in water is ideal for folks needing low-impact therapy due to medical conditions or other physical needs. This means that an inground pool can offer relaxation and physical activity all in one.
Great for Hot Climates
Finally, having an inground pool is a great way to beat the heat during hot, sunny days in climates like Texas. An inground pool provides a place for family and friends to gather together and make summer memories, from fun water games to barbecues by the side of the pool.
These types of pools are also a good way to cool off so you don’t have to rely on air conditioning as much. With an inground pool, no matter how hot it gets, you can still enjoy the outdoors with all your loved ones.
Does a Pool Increase Your Property Value?
So, you know that having an inground pool is beneficial. But is it beneficial to your property value? You bet! However, it’s important to understand that there is a difference in how much it can increase your home’s value depending on whether you install an above-ground pool or an inground pool.
Investing in an above-ground pool can seem like a great idea, but unfortunately, it’s unlikely to increase your home’s value in the eyes of an appraiser. While above-ground pools certainly offer you and your family a lot of fun and entertainment opportunities, they are usually not taken into account by appraisers when determining how much your home is worth.
Adding an inground pool to your home can be a great way to boost its value. Most appraisers will increase your home’s value by around $25,000 to $27,000 if you have an inground pool.
However, before installing a pool it is important to factor in the costs of installation and maintenance. These costs can quickly add up over time and should be taken into consideration when deciding whether or not to go ahead with inground pool installation (we’ll dive into those costs below!).
When an Inground Pools Boosts Your Property Value
Installing an inground pool doesn’t always increase your home value by tens of thousands of dollars. There are certain situations in which an inground pool is especially great for boosting your property value. Here are five of those instances.
Higher-income neighborhoods tend to be much more competitive when it comes to making homes more attractive for homeowners and potential buyers. Thus, installing an inground pool in a high-end neighborhood can provide homeowners with peace of mind knowing that their investment will help them receive a better return on their home.
People are much more likely to invest in homes that have a pool in areas where the weather is warm enough to take advantage of this luxury. It makes a great selling point when trying to get potential buyers excited about coming to view the house.
Plus, if you ever move, installing such an amenity typically translates into making back the cost of installation. The bottom line? Installing an inground pool can be seen as a wise investment for homeowners living in hot climates like Katy, Texas, and the surrounding areas.
If you want to maximize the return on investment, you should make sure you keep up with regular maintenance like:
- Testing and balancing the pool chemicals
- Checking for leaks
- Cleaning regularly
- Performing necessary repairs
Doing these things, it helps ensure that your inground pool retains its value for years to come.
Improves Outdoor Living Space
A well-thought-out design can easily transform a plain backyard into an inviting oasis, with seating areas, landscaped gardens, and outdoor kitchens nearby. It’s not only a more enjoyable place to relax and entertain family and friends but installing an inground pool itself is also likely to add serious value to your home.
Finally, installing an inground pool can be a great investment for your home if pools are in high demand in your area. Having a pool can add a great deal of value to your home and create an attractive feature for potential buyers if you ever want to sell it.
With that in mind, we don’t recommend installing a pool just to sell your home. Real estate agents and experts agree that if selling is your main goal, you’ll want to focus on installing a pool along with other renovations and upgrades.
How Much Value Does a Pool Add to Your Home in Texas?
According to one study conducted by HomeLight, the added value of having an inground pool has increased post-pandemic. Now, homeowners can expect an inground pool to increase their home’s value by a whopping 69% compared to those without pools.
Just how much is that in dollars?
The study showed that, before the pandemic, agents estimated that a house with a pool could fetch an extra $16,137 more, on average, than one without. Now, the boost could be even higher. It’s estimated to be around $27,199 extra in sale value.
Although interest rates are rising and there can often be delays due to shortages of chlorine, building materials, and labor, inground pools remain popular among homeowners who want to create their dream backyard oasis.
Plus, with the ability to increase your property value by over $27,000, it’s a pretty great investment. With that in mind, you need to understand the cost of installing an inground pool to ensure it’s worth the financial and time investment you’ll have to make.
The Cost of Installing an Inground Pool
Fortunately, the cost of installing an inground pool doesn’t exceed the potential added value you can expect when you resell your home.
In addition to the cost of installation, you’ll also need to factor in upkeep and maintenance costs. This includes the cost of chlorine, for example. It also includes the cost of replacing parts over the years.
For example, the average cost of buying and installing a replacement pool pump can reach $1,500 in some states. While that isn’t a lot considering those expenses are spread out over years, it’s just something to keep in mind as you budget for your pool installation!
Get a Free Pool Consultation
There’s nothing better than relaxing by a pool in your backyard. With an inground pool installation from Sahara Construction and Custom Pools, you can turn your outdoor living space into an oasis for your family to enjoy year-round. We work side-by-side with our clients to bring their design ideas to life.
We understand that installing inground pools is a major investment in your home and we’re here to make the process as smooth and stress-free as possible. With over 15 years of experience, our team of professionals will listen carefully to any requirements you have and provide services that help ensure you end up with an inground pool that meets all your expectations.
Make this summer unforgettable and let us build you the inground pool and backyard retreat you’ve always wanted. Click here to schedule your free consultation.