Does Having a Pool Add to the Value of Your Home?

Depending on the location of your home, pools can make or break how your home performs while on the market.

Some say the heat during Florida summers is worse than the cold in Minnesota winters. There’s no better feeling than walking into your backyard and jumping into your very own pool during those sweltering Florida summers. However, if you have a pool in Minnesota, the feeling of being outside after being bundled up for six months is pretty amazing. So how do these outdoor enhancements impact how homes sell? ESTATENVY caught up with real estate experts from Joe Manausa Real Estate and HouseLogic to learn how they felt about pool additions.

Advantages of Owning a Pool

It’s no secret that homes with pools in warm-weather climates can boost your home’s value. In fact, according to Joe Manausa of Joe Manausa Real Estate, homes in Tallahassee, FL without pools are priced around $160,000 whereas homes with pools were priced at more than $220,000. He shared, “Since 1996, I have been tracking and reporting data on the Tallahassee real estate market. This includes analyzing what effect a pool can have on the overall value of a home. Based on my analysis of homes with pools in Tallahassee, Florida I have found that home prices can increase dramatically due to the presence of a swimming pool.”

Since pools are so popular in his area, he has implemented an entire marketing strategy in order to assist buyers looking to purchase a home with a pool. “Because pools are popular and a high-demand amenity in Florida, there is a specialty search on our website,, so that buyers can search specifically for homes with pools.”

Disadvantages of Owning a Pool

Regular upkeep of a pool can get expensive. If you’re not in an area where the weather is warm enough to consistently be outside, the cost might be too large to overcome. According to HouseLogic, “In a seasonal swimming climate, budget about $600 annually for maintenance if you shoulder the chemical balancing and cleaning yourself; in a year-round climate, it’s more like $15 to $25 per week.” These fees are not inclusive of the upfront cost of filtration systems, pool heaters, cleaners, etc.

It is also important to factor in the increased cost of insurance. According to HouseLogic, “It costs about $30 a year to bump coverage from $100,000 to $500,000. In addition, in some areas, adding a pool may increase your annual property taxes.”

If you are in an area that stays warm year round, these costs may not be a negative factor in purchasing a home, but areas that have more seasonal changes, the overwhelming cost of having a pool may now be worth it in the long run.

Consider Who Will Buy Your Home With a Pool

It’s also important to keep in mind who your buying audience may be when the time comes to sell your home. If you live in an area where pools are the norm, the addition of a pool on your lot will likely have a positive impact on the value of the home. You also may change your target audience if you already have a pool. Your focus may need to be on older adults looking to purchase a home for retirement and relaxation. Families with young children and animals are sometimes concerned about safety when it comes to having a pool in their yard, so they may not be the best audience for your home.

When your home has a pool, it’s always important to keep in mind your community expectations, home location and future buying audience. These factors can determine if the addition of a pool adds or detracts from the value of your home. Regardless, pools add joy to anyone looking to escape the heat on hot days regardless of location. Happy swimming!