Does having a swimming pool increase the market value of your home?
The answer is “most of the time.”
If you create a beautiful oasis in your backyard, including a swimming pool, your home will be more appealing to more people. You will have increased the market value of your home.
On the flip side, if your pool is old and in disrepair, it is more of a liability than an asset. You will have decreased the market value of your home.
A pool is not an investment in the purest sense of the word. You don’t see investors make money by putting in a new pool along with the granite countertops in the kitchen. A pool costs more dollars today than the increase you will see in market value.
However, there are different ways to measure the quality of an…