How Much Will A Swimming Pool Affect The Value Of Your Midwest Home?
It’s February. And for many homeowners here in the metro St. Louis area, thoughts are beginning to turn to warmer weather and they’re still on the fence about whether or not they should take the leap and make this the year they put a pool into their backyard. A big question that often comes up, “Will building a swimming pool really increase the value of my home?”
For many, the answer is yes.
Across the US, there are more than 10.4 million residential in-ground pools — plus another 3.5 million above-ground pools.
That’s a lot of pools. Of course, the warmer weather states like California, Florida and Arizona have a high percentage of those pools. But the top ten states where pools are the most popular include many cold-weather states, from New York to Ohio, Illinois to Pennsylvania.
But what about Missouri? Do we make it into the Top 10? Well, no. But the number of homes here in the metro St. Louis area has been on the rise over the last decade. Maybe that has to do with the steadily rising temperatures we’ve seen over the last few years. Maybe it’s the increased emphasis on physical exercise – swimming is certainly one of the best overall workouts available. Or maybe it’s because homeowners have realized that they’ll see the best return on their investment when they don’t just build a pool by itself, but when they and their pool builder consider how to incorporate the pool to make the most of their entire outdoor living space, including features and details that make the backyard enjoyable well beyond the traditional swimming season.
That is the key to effectively adding more value to your home.
What Makes a Pool a Good Investment?
According to research, one of the top factors to consider when building a pool is how to make sure the rest of the outdoor living space is equally enjoyable. That means taking into consideration the pool deck, gathering spaces, greenery and ways to extend the use of the pool area beyond the normal swim season.
Those are all areas where Liquid Assets Pools truly excels. When it comes to building concrete gunite constructed inground pools, we’ll put our expertise, timeliness and attention-to-detail up against any other pool builder in this area. And when you look at our ability to create not just a tremendous custom built swimming pool, but rather a true outdoor oasis, that’s where we can help add that value to your investment.
Pools that are safe, clean, and customized to be a perfect fit to complement your home’s outdoor living space are only half the story. Those are the tangible benefits.
The intangible benefits matter just as much as — and often far more than — the tangibles. And what makes a pool satisfying is often intangible: it’s not simply that the pool is a beautifully designed work of art, or that it has incorporated the most up-to-date technological innovations. It’s that it’s a fantastic place for your kids to play as they grow up and for your family to gather with friends and neighbors. It’s that it’s a beautiful focal point, creating a gorgeous backyard that becomes a natural extension of your home.
So which intangible benefits are the most important?
Ask yourself which of these factors resonate most with you:
- Functional: Does the pool create a great focal point in the yard, help to keep your kids entertained, encourage your family to enjoy the outdoors, and serve as a great way to get more exercise?
- Social: Will it be a great way to welcome friends and family, host parties, and create a warm, inviting space?
- Symbolic: Does it suit your family’s taste, style, and goals?
- Recreational: Will the pool create the perfect custom outdoor living space your family wants to enjoy?
How to Build the Ideal Pool
The most valuable benefits of a pool — tangible and intangible alike — are significantly and measurably improved by making sure the design and planning are done correctly. That’s what your initial input meeting with Liquid Assets Pools will be all about. We’ll want to know how you want to use the pool, what ideas you might have for entertaining and help envision how your new pool will integrate into the overall outdoor experience of your yard.
There are so many possibilities to consider. Have you thought about an outdoor kitchen? Would adding a spa or stone fireplace extend your pool season – and your family’s enjoyment of your new outdoor oasis? Can a pool slide be incorporated into the design or maybe a cascading waterfall? What about the possibility of adding a pergola or pool house?
Yes, all of these items add to the overall expense. But the long-term benefits for your family, as well as the potential re-sale value of your home will also go up.
Key to it all is having a builder you have confidence in.
At Liquid Assets Pools, we get the big picture. But we also focus on the details – making sure we use the right products and materials – not just to create your new inground swimming pool and deck but also beyond the pool, whether that’s a fountain, pergola, outdoor kitchen or spa. Our 3-D software can help you envision exactly what we’ll be building. Our app gives you real time updates throughout the building process.
We coordinate it all. We manage it all. You don’t have to deal with multiple companies or multiple bids for different aspects of construction.
Bottom line, it’s estimated a well-designed, well-built pool and entertainment area to your backyard can help you see a 7% increase in home value.
And it all starts with a call to Liquid Assets Pools. 314-822-SWIM (7946).
Summer will be here before you know it. It’s time to dive in!