If you own both a home and a pool, then you’re well aware of the importance of taking care of your investment to recoup a sizable return. And, if you’re in the process of selling or expect to be at some point, increasing your home’s property value makes all of the difference in the world. Many real estate experts attest to the fact that renovating and updating your home can increase both property value and curb appeal. But what about your pool? Will a renovation have an impact on the asking price you set? We plan on answering those questions today.
Increasing Value Through Pool Renovation
If you live in a tropical climate such as Florida, then the unforgiving nature of the summer sun is certainly well known to you. Many people who are in the market for a new home certainly appreciate the chance to own a swimming pool to alleviate the stresses from the summertime. Having a recently renovated pool in your backyard can increase your property value by anywhere from 5 to 8%. This might not seem like a great deal, but it makes all of the difference in the world when setting a price.
Consider the Cost
If you decide that remodeling your pool is a viable option before selling your home, you should take a moment and take the cost into consideration. A remodeling job can add up quickly, so it’s advisable to set a budget and not go over it.
Plan for the Time of the Year
Now that you have a budget figured out, the next phase is planning when you want the work to begin. The last thing you want to do is start work in the spring or summer when you’ll use your pool the most. It’s best that you plan on the fall and winter months, where users will be minimal or non-existent.
Trust the Experts
There’s certainly a lot of excitement when it comes to undertaking a DIY home improvement project. However, when it comes to having your swimming pool remodeled, it’s always best to trust the experts. This is a considerable undertaking, and those who remodel swimming pools have the necessary training and knowledge to complete the job on time and make sure it’s done correctly. This will ensure your home has an elevated property value.
Stand Out Pools
As our name suggests, we can make your pool truly stand out and look its best. From maintenance to remodeling, we’re here to serve Sarasota and the surrounding communities. For more information on us, visit standoutpools.com.