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Why Invest In Pool Renovations? 9 Reasons Why It’s A Good ROI

Does your to-do list feature remodelling of your pool? If not, what are you waiting for? A pool isn’t just for holding water. Make it a place where family and friends can relax after a tiring day and make countless memories.

Unattractive, old or worn-out pools aren’t very appealing – remodelling them is the way to go to enhance their worth and value. It adds a new life to the pool and offers several other advantages. Remodelling your swimming pool will give you excellent ROI. Visit this link to learn more about the costs involved in a renovation.

9 Pool Renovation Advantages

Here are nine prominent reasons why you should consider renovating your pool sooner rather than later:

1. Improves The Property Value

Like any other decor, swimming adds to a home or property value. Hence, having an outdated or poorly maintained pool will decrease the overall property value. Of course, you wouldn’t want your home’s value to take a hit just because of one worn-out element.

The renovation will offer a reasonable rate of return and boost the property’s value by at least 5 to 10 percent, increasing your property’s demand. As a result, more and more buyers will be interested in buying it. So if you are wondering whether to invest in pool renovation, the answer is YES.

A new, renovated pool will undoubtedly enhance your home’s appeal. According to one of the reports submitted by the National Association of Realtors, a property’s value may rise by 4-6% on average if it has an in-ground pool.

Earlier, pools didn’t make such a massive impact on a property’s value. Still, the advancement in technologies has made its maintenance easy and affordable. You’ll be amazed to know that a new pool adds more value to a home’s value than a patio, landscape, etc.

2. A New Pool Will Open Poolside Staycations Prospects

Investing in pool renovation will open several earning prospects for you, and a staycation is one of them. The concept of staycation emerged in the 2000s, and it has been growing since. A new, well-maintained pool is sure to attract several prospective clients. These include people who may be interested in paying you to spend a few hours or a day at your place to have some fun in the pool area.

3. Creates A Kid-friendly Environment

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Pool remodelling is one of the best ways to make the pool kid-friendly, especially if it wasn’t originally so. Naturally, your family will expand over time, and once you have a kid, it’s crucial to have a pool with safety features. For example, you should level off the pool’s deep end; there should be a mini wet bar, small picnic tables, and more.

NOTE: You may not get a very handsome ROI on this investment, but it will give you emotional returns more than anything else. And this justifies pool financing.

Moreover, you can save a lot of money which you can instead spend on going out or travelling. Instead of a restaurant or a movie, grill out and enjoy playing with your kids in the pool.

4. Pool Renovation Adds Energy Savings Elements

An energy-efficient pool appeals to buyers. This will positively influence your home’s value and offer good returns on investment if you consider selling the property in the future. However, plan out things carefully to get maximum benefits from pool renovation.

With newer technologies coming in, add new elements to your pool and make it more energy-efficient and eco-friendly. Moreover, a renovation will open gateways for you to add automatic or advanced maintenance elements that eliminate the need for frequent pool maintenance.

Elements like pool chemical management systems, automatic vacuums, etc., will enhance your pool’s overall quality. You can also consider installing in-floor cleaning systems; they are designed to clean the debris while ensuring strong non-stop circulation of pool water.

Moreover, such systems scrub the pool wall and tile lines. Make sure you discuss above maintaining the pool’s health with the builder beforehand.

5. Opportunity To Change The Pool’s Location

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A pool’s location affects its value. Your pool should be located in an area that makes it aesthetically appealing and gives you a complete view of your home.

Since a pool is always the centerpiece of a backyard, make sure it’s positioned at the right place. Also, it should have proper wind and sun exposure. If any of these factors is missing, it’s time you considered pool renovation.

6. Getting Rid of Outdated Pool Shape

When renovating your pool, you can either opt for a timeless shape or one that’s in trend. Pool shape trends keep changing, and surely, you don’t want an outdated-shaped pool. For example, kidney-shaped swimming pools were prevalent in the 1990s, but they are nowhere to be found today. A pool shape that’s in demand will naturally fetch you better bids when selling or renting your property.

7. Makes The Backyard More Useful

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If you don’t feel like going to the backyard because the pool seems “boring” to you, then you should consider investing some money in pool renovation. The new installation will encourage you to visit your backyard and enjoy some sunshine with your loved ones.

8. Enhances The Property’s Beauty

It is one of the major reasons that encourages so many people to consider pool renovations.  A new or refurbished pool improves the overall appearance of the home. Resurfacing the swimming pool is one of the most cost-effective ways to improve the pool area’s looks. You can also consider redoing the patio or the deck area near the pool.

9. Enhances The Safety Of The Pool Area

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Over time the pool area turns too slippery, or its surfaces may get damaged. And it can be dangerous and unsafe for swimmers. Pool area renovation helps in improving the safety of swimmers and the people who walk around it.

End note

A swimming pool renovation is indeed one of the best investments you can make to enhance your property’s overall value. However, you need to be wary of your budget constraints. Make sure to contact a trustworthy builder before looking into pool financing. They’ll help you meticulously plan things, and your newly built pool will exceed your expectations.

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