Whether you're looking to install a glistening oasis in your backyard, or you already have one, you may be wondering if a swimming pool will add value to your home. In short, the answer is yes! 

On average, an inground 14x28 foot pool can increase your home value by 5%-8%, and ROI ranges from 15%-25%. However, there are factors to consider:

Location: In warm climates or areas where outdoor living is popular, pools can significantly increase a home's value. In colder climates or regions where pools are less common, they may not add as much value. However, swimming pools are fairly common in Upstate New York. In Rochester, the rate of pool ownership stands between 40 to 50 per 1000 people. This statistic reflects the local inclination towards investing in pool amenities, despite the region's cooler climate. It's an interesting deviation from the norm and suggests that pools may still hold a significant appeal even in areas where outdoor living is less common.

Maintenance Costs: Pools come with ongoing maintenance costs, which can be significant. Buyers may take this into account. 

Size and Condition: The size and condition of the pool also matter. A large, well-maintained pool in good condition is likely to add more value than a small or poorly maintained one.

Personal Preference: Some buyers may see a pool as a bonus, while others may view it as a liability due to safety concerns or maintenance costs. It depends on the preferences of potential buyers in the market.

Regulations and Safety: Regulations regarding pool safety may vary by location, and compliance with these regulations can impact the value of the pool and property.

If you're wondering how much your property is worth, click here:  https://www.updegraffgroup.com/seller/valuation/ 

Want to know more about installing a pool? Click here to schedule a free estimate or give us a call at 585-298-8282.