Owning an In-Ground Swimming Pool: Pros and ConsAre you someone who wants to beat the heat this summer by adding an in-ground swimming pool to your backyard? While a nice pool could provide your family with endless amounts of entertainment, pool parties, and an overall luxury to your home, there could be a few downsides. Some argue that there is a lot upkeep for in-ground pools and if you have children, there are some safety concerns. Plus, if you choose to sell, this investment may not pay off. If you’re considering having a pool built, or buying a home with a pool, take a look at the pros and cons of being a swimming pool owner.1. Cost
- Pros: If you live in an area of the country where summer is a year-round season (or most of the year), then a potential home buyer will most likely be more attracted to a home that has a swimming pool. However, if you live in an area that only allows a few warm months to enjoy the pool, many potential buyers will avoid the extra work and cost.
- Cons: Swimming pools are a huge investment. If you are actively searching for a home with a pool, this option is cheaper than if you choose to put one in yourself. Not to mention, you have to consider that when it comes time to sell: Will the future pay-off be worth the initial investment of installing an in-ground pool?
- Pros: If you do plan to put in a pool or buy a home with a pool, then make sure you know about maintaining your pool. Most areas have professional pool companies that provide maintenance as one of their services. This option is available to those who want to enjoy owning a pool, without the added responsibility.
- Cons: On the other side, if you choose to take on the responsibility of caring for your swimming pool yourself, and fail to do so, health issues can occur. There are many chemicals that are used to make sure the pool water is always in balance, and that the PH levels are accurate. Ignoring this can effect swimmers, or bacteria’s can start forming in the pool.
- Pros: If you own a pool, you are most likely guaranteed to be able to enjoy it at least 3 months out of the year. (Northeastern U.S, we feel your pain!) If you are someone who is able to use your pool most the year, then having this swimming hole can actually be an advantage. Swimming pools provide great exercise to those who are looking to get into shape, without risk of injury to their joints. Kids and adults can also enjoy playing and relaxing in the pool, and summer pool parties day or night are always an option when you have your own pool.
- Cons: Of course, owning your own pool can be dangerous. If you own a pool, you should have a fence surround the pool with proper locks on the gates. Also, always remember that as a pool homeowner, you are responsible for any injuries that may occur.
If you are considering buying a new home, with or without a pool, feel free to contact a member of our Housing Buzz Team. We are always here to help you weigh your options and find the loan program for your needs!