According to a study performed by House Logic, a pool can add as much as 7% to your home’s value. HGTV confirms by stating that an in-ground pool can increase your home’s value by as much as 5 to 8%. Dave Ramsey’s blog says that a 7% increase is more likely if you live in warmer climates like Arizona, Florida, or Hawaii. However, if you don’t have a pool installed already, it might be a costly venture. Dave’s blog goes on to state that, “the average cost to install, equip, and fill a 600-square-foot concrete pool starts at $30,000.” So, installing a pool likely isn’t the most effective method of increasing your home value.
How Much Is My House Worth?
Get a free home value estimate by using our home value estimator. Our estimator will tell you how much your home is worth, and what other homes are selling for in your local neighborhood. Results are a non-specific, system-generated valuation, which is for broad estimation purposes only. The consumer should request a custom market analysis (CMA), for an accurate valuation, as the conclusions may vary drastically.
Buy or Sell a Luxury Home in the Phoenix Valley
Are you trying to buy or sell your luxury home in Phoenix Historic, Scottsdale, Paradise Valley, or Arcadia? Best of Luxury Homes can help. From listings and negotiations to showings and paperwork, we are here for you every step of the way.
