12 Sep Does a Pool Add Value to a Home in Florida? (Pros & Cons to Consider)
When you’re considering adding a swimming pool to your home or you’re searching for a home to buy with a pool in Florida, you should know whether the pool will add value or not. The heat of Florida is rather intense. Having a pool in your backyard makes it far more tolerable.
While a swimming pool in a northern state may not add much value, it’s quite different in Florida. Since the pool can likely be used year-round, it can certainly be a selling point for your home. Here are a few things to understand if you want to know if a pool will add value to your Florida home.
Pros of Owning a Home with a Pool
In Florida, the main advantage of owning a home with a pool is the ability to sell that home for a higher price. A home with a pool could boost the value by quite a bit. In fact, it could add tens of thousands of dollars to the price, depending on the home.
Swimming pools are very popular in Florida. When buyers start looking for a home, they often look for one with a pool. These types of homes are in high demand and cause the price of the home to go up significantly.
Another advantage of having a pool is getting to use it during the hotter months. Before central air conditioning was a normal thing, most people would spend time at a pool to help cook them off. It can still be a great way to cool off in the summer and you get to enjoy the outdoors even during the hottest months of the year.
If you have a swimming pool that’s heated, you can enjoy it year-round in Florida, as well. Even when it gets a bit chillier out during the winter months, you can enjoy a heated swimming pool. Of course, it won’t get that cold, which is another advantage since you never really have to close down your pool like those homeowners with pools in northern states.
Cons of Owning a Home with a Pool
While it may not seem like there are many disadvantages to owning a home with a pool in Florida, there are a few. For starters, you will be responsible for the upkeep, which can get expensive. You will have to take care of all the costs that come with a pool. HouseLogic estimates the cost of a year-round swimming pool to be between $15 and $25 per week. This doesn’t include the money you’ll spend for pool heaters, cleaners and filtration systems upfront.
Another disadvantage is the amount you’ll pay for insurance with a pool. While it’s not a huge amount, you will spend about $30 to $50 more per year on homeowners insurance. You may have to pay more in annual property taxes, as well.
Owning a home with a pool in Florida has plenty of advantages and disadvantages. For most homebuyers, the pros will outweigh the cons since a pool can be used year-round in Florida and help keep you cool during the summer months. Contact the team at Redzone Realty Group today to find the pool home of your dreams!