Philip Piantone's Blog
If you live in a climate where you have nice weather all year round like Arizona, Florida, or California, you may be dreaming of either buying a home with a pool or putting a swimming pool in at your home. It’s such a luxury and a pleasure to be able to dip your feet in the pool any time that you choose. If you have kids, being able to let them swim in your own pool rather than packing the car up to head to a community pool is so much easier. While having a pool is a great thing, there’s plenty of points that need to be considered before you either install a pool or buy a home that has a pool.
Heed The Upfront Costs
Installing a pool comes at a pretty hefty price tag. The average cost of installing a pool can run somewhere in the $40,000 range. The unsettling part is that the money you spend may not be recuperated when you sell your home in the future. A pool is not something that automatically adds return value on a home like a deck or a 3 season room will. This is due to the fact that people either view a pool as a positive or a negative aspect of a home.
Deciding To Install The Pool
Think of where you’ll place the pool in your yard. The pool should be positioned in an area with the most natural daylight. Also, don’t put the pool in a place that’s too far away from the house. The pool will be used less often if it’s not close to the house. Also, make sure that you investigate what kinds of warranties you can get along with the installation of the pool. You definitely want a warranty longer than one year. A five year warranty is preferable.
Know The Rules
Each city and district will have different regulations when it comes to pools. There’s actually a certain definition of a pool by city as to the size and depth of the pool itself. There’s also local safety standards and building codes that must be adhered to. You may need to have a fence with a lock installed along with a deck and other safety equipment with a pool. Do your research before you build.
Buying A Home With A Pool
Buying a home that already has a pool installed is a bit simpler. While you still need to be aware of building codes and the city rules, you’ll be most concerned with the ongoing maintenance of your pool. Be sure if you’re considering buying a home with a pool that you have it inspected by a professional before you sign the closing on the home. Pools can have cracks or problems with the lining. If the homeowner didn’t do regular maintenance on the pool, there could be major problems with the pool that could cost you a lot to fix.
The installation or presence of a pool increases your homeowner’s liability risk and you may want to increase your coverage amounts for this reason. You may even need what is called an “umbrella liability policy.” Since the main purpose of a pool is for it to be relaxing and fun, understanding the costs that you may incur with the installation of a pool will help you to avoid stress at a later date. Only you can decide if you’re ready to dive into home ownership with a pool!