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To Invest In a Pool...Or Not?


With summer approaching, many homeowners are beginning to think about investing in swimming pools - is this the right decision for you?

It's important to consider pros and cons, especially if you plan to sell your home in the future. Not every buyer will love the idea of a pool, but some will.

Ask yourself how much space you'll lose in your yard by adding a pool. If you're on a small lot already, consider how much ground you can afford to use.

What are other homes in the area selling for if they have swimming pools? Will your home compare to those?

How much can you afford to put into a pool? Swimming pools are not cheap - you'll need to put money into it, and risk getting it back during a sale.

The bottom line is that a swimming pool can make an excellent addition to your property, but there are some cons to consider if you plan to sell. As warm weather approaches, it may be tempting to invest in one, but weigh out your options before taking the dive.

Jeff Mateja is the CEO/REALTOR at Universal Properties at Keller Williams Realty in Portland, Maine, and founder of ILovePortlandMaine.com, a blog about everything Portland, Maine, and beyond. Jeff also offers two premier home search tools for Buyers via FindPortlandHomesNow.com and FindMaineHomesNow.com. If you would like further information on any blog topics, please e-mail Jeff Mateja.

You may also wish to check out a few of Jeff's other great websites;

UniversalPropertiesMaine.com

GuaranteedSoldMaine.com

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Comment balloon 0 commentsJeff Mateja • May 07 2012 10:52AM

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