Summer weather is by far the most beloved season in the country. And Florida, with its radiant beaches, clear waters, and blue skies, boasts this season all year round. It’s the perfect place to live, we know, but homeowners in the area are always searching for better ways to battle the heat–aircon, insulated roofs, and, of course, pools.
When it comes to selling a house, pools are always an interesting element to consider. Many property owners wonder if turning their ordinary pool into an attractive backyard pool is even worth it. For far more than creating the ideal ambiance at home, is the pool remodeling cost worth the investment to increase the resale value?
Our experts have discussed it, and in this blog, we’ll dive into everything pool renovation entails for your house: from the average cost to the factors to consider if the main goal is to add property value, and finally, how much does it actually increase in resale value?
Let’s begin.
How Much Does Pool Remodel Cost In Florida? Factors To Consider
For many property owners, pool remodeling seems daunting. Less so than installation, yes, but still one they tend to approach with careful consideration, mostly due to the current pool renovation cost in the industry. However, depending on a series of factors, what appears to be an ideal dream can turn into an achievable goal.
That’s right, the pool renovation cost factors that truly affect pricing, and can make the entire project a whole lot easier, are the type of renovations, type of replacement, and type of conversion. What does this actually mean? Let’s say you desire to add a few features to your investment, such as lighting–that would increase the pricing by around $1,000.
Or maybe you have to proceed with a pool step replacement, which can cost more than $4,000, depending on the area covered. Finally, converting chlorinated water to saltwater would boost prices to a similar number as lighting, which is around $1,000-$1,5000.
While the numbers might seem worrisome, in reality it all relies on the vision you have for your investment. The range can go from $5,000 to $15,000, with the average pool cost in Florida being about $9,000.
Keep in mind that the factors mentioned above create a great impact on the overall cost, and, in the long run, remodeling can do more for your property than provide a spot to relax. Continue reading to find out how.
Myth Or Fact: Does A Pool Add Value To Your Property?
The short answer is, yes, it does. The long answer isn’t as complicated as it may seem. First, let’s remember that with “pool”, we are referring to an inground pool, as above-ground ones aren’t as permanent and therefore, don’t impact the resale value of your property.
Second, there are instances where pool renovation might not be necessary, such as if the weather doesn’t allow prospective buyers to use it all year round. This means that, while it’s a great feature for the house, it might not be something buyers consider when choosing a home.
But, now, onto the complete answer–does a pool add value to a home in Florida? Indeed, it does, and here are the reasons:
- As a forever sunny state, pools are highly coveted in the area. Pool owners can enjoy their investment through the seasons, making the addition a tool to battle the summery weather.
- Your investment combines seamlessly with the landscape, leaving space for other additions, such as a patio or a storage unit.
- Having a pool is the norm in your neighborhood. Whereas not owning a pool in an area that boasts multiple properties with one can decrease the resale value, having one in a neighborhood where some houses also own one might not impact the return on investment.
And what if you already have a pool? Is there a way to boost that resale value? Let’s move on to how complete pool remodels can increase the value of your home.
Pool Remodeling: What Can Increase Your Home’s Value Even More?
Location
When it comes to location, there are two main elements to consider. The first is, once again, the neighborhood, and the second is the city where your property is located. Once again, a home with a pool in a neighborhood where it isn’t common won’t have much effect on the resale value. However, in cities such as Miami, Tampa, Orlando, and Jacksonville, owning a pool is a worthwhile investment in most neighborhoods.
Condition
Residents who are buying homes with swimming pools will review the state of the investment before making a choice. Unique shape, pool size, and different pool types (concrete pool, ground pool, saltwater pool, etc.) are the first components a buyer will notice. But the overall maintenance of it and repairs needed will play a huge role in the decision: is the pool deck damaged? Does it require pool resurfacing? How is the pool pump functioning? Is everything in a perfect state? A well-kept investment will, of course, draw more clients in.
Features
Finally, features. The most essential factor when it comes to swimming pool remodeling and its direct influence on a property’s value. Consider this: in the sunny state of Florida, homes with pools might be typical, and therefore, buyers’ interests will, mostly likely, be peaked when they find a unique one to invest in. While pool steps or pool lights with impressive design can attract attention, modern pool features, such as a pool heater, a pool waterfall, or an automatic pool cover will surely raise the home’s value.
How Much Value Can A Pool Add To Your Property?
Selling a house with a pool could increase its value by around 5% to 8% on average. That is if we were talking nationwide. Now, taking the aspects listed previously, and in particular the location, the data is a whole lot better. In Florida, a pool is an essential feature in a property, which means that the resale value can be higher than 7%, in some cases reaching 10%.
These numbers are not only attributed to the presence of a pool. Most of them come from swimming pool renovations, as they are a unique selling point in a market where most options already come with a pool. Therefore, the more luxurious your investment is, the higher the resale value can be.
Final thoughts
Swimming pool renovation costs are an investment to tackle, yes, but one that can be incredibly beneficial down the line. You will not only get to enjoy the relaxation the spot offers, but it can also add a whole lot of value to the property when selling it.
To achieve your goal, you will need to partner with one of the most reliable pool remodeling companies in Florida: Superb Pools. We are the team that can assist you in optimizing your pool remodel project and boosting its return on investment.
The best part? Whether you need a complete backyard pool overhaul or simpler renovations, we’ll do everything we can to adjust to your budget, while providing top-tier solutions that exceed your expectations. Contact us now to discover how we can transform your pool!