It’s no secret that Australians love swimming, but is it really worth buying a house with a pool from a value perspective? Property guru Andrew Winter dives in to provide his expert tips!
Selling a house with a swimming pool has its own set of pros and cons.
Buyers are going ask questions like: “how much time and money does it take to maintain?" and "will it add value when it comes time to sell?” Let's take a closer look.
It’s no secret that Australians love swimming. There are about a million backyard swimming pools in this country. That means we’re one of the highest in the world with per-capita pool ownership.
The first thing to consider is your location. Is it warm where you live?
If you’re in a spot where the mercury gives the thermometer a good nudge, a pool will probably get used a lot and this makes it more of an asset. There is also the ongoing maintenance of a pool to consider, which could be a concern for cost-conscious buyers.
If you are thinking of buying a house with a pool, get it checked out before you commit and budget for any necessary repair work.
A well-maintained pool is vital for your own health and safety, as is the pool fence.
The rules around pool fences vary from state to state, so make sure you know what the regulations are for where you live.
Investors, in particular, can be put off if they think they will have to dig deep to bring fencing up to current safety guidelines.
If you are thinking about buying a property with a pool, give it some serious thought. How much you will actually use it, and is it safe?