A pool can bring a lot of value to your home. But it’s important to remember that the value is more than just financial.
Swimming pools are great for cooling off during a hot summer and throwing pool parties. However, if you’re looking for something more therapeutic then a spa may be the best option for you.
House Values Increasing Due to Pool & Spa with Data in Australia
For many Australians, a pool is a summertime staple that’s great for cooling off and relaxing. But can it add value to a home when it comes time to sell? The answer isn’t as clear-cut as “yes.” It depends on a lot of factors, including the location of the house and the type of pool.
Pools tend to have the most value in warmer climates, where they can be used year-round. In states like Arizona and Nevada, as well as in some southern cities, pools are common, especially in high-end neighborhoods. However, if you’re in an area where it’s not typically cool enough to use a pool, having one can detract from the overall appeal of your property.
As far as size and design go, large pools are typically a big selling point. They’re more than just a place to swim laps, and they can be a centerpiece of your backyard that draws in potential buyers. However, smaller pools on lower-cost homes often make less financial sense. In that case, buyers may worry about the safety of young children around a pool and/or the cost of maintaining it.
It also helps to have a pool that’s modern and up-to-date, with up-to-date features like electronic safety covers. These can help keep swimmers safe and reduce the risk of drowning, making your pool more attractive to buyers.
Finally, it’s important to maintain your pool properly so that it stays in good condition when you decide to sell. A poorly maintained or unclean pool can have a negative impact on your home’s value and make it harder to sell.
According to Roy Morgan, a leading market research company, about 13 percent of Australians live in a home with a pool. This is up from the figure of about 12 percent in early 2015. Regional Queensland, which includes Brisbane, Gold Coast, and a string of regional cities up the state’s coast, leads the nation with the highest rates of pool ownership, followed by Melbourne and Adelaide. Hobart is at the other end of the spectrum, with only four percent of residents owning a swimming pool.
Pool & Spa as Lucrative Investments in Your Property
A swimming pool is a luxurious addition to your home that can add value and provide a place to entertain family and friends. However, like any investment, it can require significant financial commitments and maintenance. Luckily, there are many ways to ensure that your pool is a profitable asset and not a financial burden.
A spa is a small, heated pool designed for relaxation or hydrotherapy. It can be portable or in-ground and may use salt water or chlorinated water. The term “spa” is often used interchangeably with the term hot tub, which refers to a portable, above-ground version of the same idea.
The benefits of a spa pool are numerous, from providing a place to relax to improving mental health. It’s a great way to relieve stress, which can be very harmful to your body and mind. Additionally, it’s an excellent exercise that is gentle on your joints and muscles. It’s the perfect alternative to running, cycling, or playing sports, which can be hard on your body.
With a spa pool in your backyard, you can enjoy the benefit of water all year round. While it might be too cold to swim in the fall or winter, you can still enjoy a warm soak and experience the relaxing benefits that a spa provides.
A swimming pool can make your property more attractive to potential buyers. It can also increase your home’s resale value, and it may be able to help you get a better deal when selling. However, it’s important to consider the costs associated with a pool before making a decision to install one.
If you’re considering installing a pool on your rental property, it’s important to do some research first. You’ll need to find out how much the pool will cost and whether or not it will be a good fit for your property. You’ll also want to know how long it will take for the pool to be installed, as this could prevent you from renting out your property during that time. In addition, you’ll need to make sure that the pool is in view of your main entertaining areas so that it doesn’t detract from the space.
Pool & Spa as an Amenity
In this day and age where people are spending so much money on gym memberships and wellness facilities, having the ability to relax right at home can be a huge benefit. In some apartment complexes, spa and wellness amenities are included in the rent and building fees, so residents can enjoy a little luxury for a low price each month.
If you’re looking for a new apartment complex, consider asking whether or not they have pool and spa amenities available before deciding. Then, keep in mind what your lifestyle is like and how often you’ll use these amenities before you sign the lease. If you won’t be able to make the most of them, you may want to look elsewhere for a more suitable apartment complex.
One of the best things about spa pools is that they are device-free zones, so you can spend time relaxing with friends and family. Many pools and hot tubs are also heated to around 100 degrees, which can have therapeutic benefits for aches and pains.
As a property owner, you can use your pool as an amenity to attract tenants and encourage people to visit your property frequently. By using your pool as an amenity, you can get more use out of it and improve your bottom line.
Pools are a must-have for any apartment complex or hotel that wants to market itself as resort-style living. They aren’t cheap to construct or maintain, but they can be a great way to draw in potential residents.
In order to maximize your investment, you should consider the specific needs of your target demographic when designing a pool deck. A student apartment community will have different needs than a family-oriented one. A pool designed for students will be more geared toward sports and socializing, while a pool designed for families will be more centered on water slides and wading areas. The Association of Pool & Spa Professionals is the world’s largest trade organization representing swimming pool, hot tub, and spa manufacturers, manufacturers’ agents, builders, designers, suppliers, retailers and service technicians. APSP’s mission is to enhance the business, professional and technical skills of its members, while promoting safety, sanitation, and healthy and enjoyable water recreation for all.
Pool & Spa as a Feature
When you add a pool or spa to your home, it becomes more attractive to potential buyers. This is especially true if other homes in your neighborhood also have a pool, providing an apples-to-apples comparison for them. In addition, modern technology has made pools easier to use and more efficient. You can now automate your pool’s filtration system, integrate it with your smart home systems and operate special features, like LED lighting. If you choose a well-designed installation that complements your landscape, it will create value for your property even more.
However, it is important to weigh the pros and cons before you invest in a pool. It will take a significant amount of money to build and maintain, and most people only use their pools a few months out of the year. Adding a pool might be an excellent idea if you live in a warm climate and want to make the most of your backyard, but it might not be worth it in areas with temperate winters.
On the other hand, a hot tub can be very affordable and easy to install. Moreover, it is an excellent option for families who want to enjoy some quality time together. In addition, hot tubs can be used all year round, whether it is the height of summer or cold Australian winter. In fact, a hot tub is more suitable for small backyards than a pool, as it is more compact and doesn’t require a lot of water to run.
If you want to boost the aesthetic appeal of your pool or hot tub, consider adding a waterfall feature. This is a luxurious touch that will definitely make your backyard stand out. Besides, it will attract prospective buyers because it adds to the overall value of your property.
A swimming pool can be an excellent source of exercise as it helps you burn calories and tone up your body. In addition, it will save you the cost of memberships at a gym. In addition, a swimming pool can help you relax after a long day. Moreover, it can also promote a good night’s sleep.