Over 2.7 million Australians live in a home with a swimming pool, and we have the highest rate of pool ownership per capita in the world. If you’re thinking of adding to that number, there are a few things to consider besides your backstroke technique.
DO POOLS ADD VALUE?
A recent Swimart survey found that 90% of pool owners think their pool adds value to their home, but is that really the case? Usually, that depends on your property and its location.
Pools are more likely to add value if:
If your home ticks all those boxes, it’s likely that a swimming pool will add anywhere from $30,000 to several hundred thousand dollars to the resale value of your porperty.
On the other hand, it might not be a good idea to add a pool if you live in a central area where space is a priority, or if the locals are mainly students, young professionals or first home buyers who are unlikely to pay more for a pool.
HOW MUCH DOES IT COST TO ADD AND MAINTAIN A POOL?
Swimming pools aren’t cheap. Home Improvement Pages estimates that installing your own inground pool could cost anywhere between $35,000 and $100,000 depending on its size, design and finish. Above ground pools are much cheaper – as little as $3,000 – but they’re unlikely to add any value to your property.
Once you’ve installed your pool, the costs don’t stop there. There may also be council fees, pool registration fees (in NSW) and the cost of landscaping and fencing. After that, the pool could cost as much as $2,000 a year to maintain, or more if you’re regularly heating it.
CHOOSING AN INSTALLER
If you’re sure a pool is a good idea and you’re prepared to spend the money, choosing a licensed, qualified and experienced pool installer is the next step.
Make sure you pick someone with all the relevant licenses and insurance, and always get references from past clients. If any of your family or friends has installed a pool recently, ask them about their experience, as you should be able to trust their referral. Make sure you receive a fully itemised and all-inclusive quote before works begin so you can be sure of the costs.
DESIGN AND LOCATION
Before you start ringing installers, you should get an idea what type of pool you’re after and where you’ll build it. A few key things to consider are:
If you’re thinking about adding a pool, take some time to consider if it will add value, think long and hard about the design and choose the best possible installer. Make the right decisions now and you could inject your property with a dreamy, holiday house vibe – and add thousands of dollars to its value in the process.