Does a Pool Add Value?

It’s a question appraisers get all the time: “Does a pool increase my property value?” Like many things in real estate, the answer is: it depends.

Whether a swimming pool adds measurable value to a property comes down to several key factors including location, market preferences, property type, and the quality of the pool itself. Let’s break it down from an appraiser’s point of view.

🏊‍♂️ The Basics: Pools as Improvements

From a valuation standpoint, a pool is considered a site improvement, similar to a fence, detached garage, or patio. It typically adds contributory value to a property, but not necessarily dollar-for-dollar what it cost to install.

For example, a $70,000 pool might only add $20,000 to the appraised value depending on the market. Why? Because the value is based on what buyers are actually willing to pay for that feature, not what it cost the owner.

📍 Market Matters: Location, Location, Location

• In warmer climates like Florida, Arizona, or parts of the Southeast, pools are often highly desirable and may increase property value more significantly.

• In cooler or seasonal areas, pools may be seen as a luxury or even a liability, where upkeep and insurance outweigh buyer demand.

• In urban or densely populated areas, pools are less common and might only appeal to a niche group of buyers.

🏠 Home Type & Price Range

The pool’s impact on value often depends on the home’s overall value tier:

• On a higher-end property, a pool may be expected and add more relative value.

• On a starter home, the pool could price the property above market, potentially narrowing the buyer pool.

🔍 Condition, Design, and Safety

• Age and condition of the pool (Is it outdated or well-maintained?)

• Design and features (Saltwater? Heated? Spa attached?)

• Safety and code compliance (Is there fencing or other safety equipment in place?)

A poorly maintained or unsafe pool can actually hurt value or be considered an economic detriment if the buyer views it as a cost to remove or repair.

🧾 Final Word: It’s All About Contributory Value

In the end, a pool’s value is tied to how much market participants (buyers) are willing to pay for it. That means the value can vary drastically from one neighborhood or even one season to another.

If you’re considering adding a pool or selling a property with one, a professional appraisal can help clarify how much value, if any, the pool is likely to contribute in your specific market.