Pools as Investments
When it comes to home improvement projects, many people think of them as expenses rather than investments. But installing a pool is one home improvement project that can actually be a smart investment financially, especially before the upcoming recession. Here are just a few of the reasons why.
Increased Property Value: A well-designed and well-maintained pool can significantly increase the value of your property. According to the National Association of Realtors, a pool can increase a home's value by as much as 7-15%. This is especially true in areas where a pool is considered a desirable amenity.
Cost-effective Entertainment: Installing a pool provides a place for family and friends to gather and enjoy the warm weather, which can save money on entertainment costs. No need to spend money on expensive vacations or expensive tickets to amusement parks when you have a pool, slides, and spa in your own backyard.
Health and Fitness Benefits: Swimming is a great form of exercise that is easy on the joints and provides a full-body workout. Having a pool in your backyard provides the opportunity for regular exercise, which can save money on gym memberships and health care costs.
Energy Efficiency: Fiberglass pools equipped with energy-efficient equipment, such as variable-speed pumps and LED lighting, can save you money on your energy bills. The use of a pool cover can also help to reduce evaporation and conserve energy.
Long-term Savings: While installing a pool may seem like a large upfront cost, it can actually save you money in the long run. When compared to the cost of vacation or travel expenses, pool maintenance and upkeep can be a fraction of the cost.
Installing a pool is a smart financial investment that provides a range of benefits and long-term savings. From increasing your property value to providing a place for cost-effective entertainment and exercise, a pool can offer a return on your investment that is hard to beat.
