How Much Value Does an Inground Swimming Pool Add to Your Home Compared to the Cost of the Pool?
The decision to install an inground swimming pool is a significant investment that can impact your home's value. Several factors influence the return on investment (ROI) of a swimming pool, including the size, location, and design of the pool, as well as the local real estate market.
On average, an inground pool can add between 5% and 15% to the value of your home. However, the actual ROI can vary widely. In some cases, a pool can increase the value of your home by as much as 20%. In other cases, the ROI may be less than 5%.
The cost of an inground pool can range from $30,000 to $100,000 or more, depending on the size, shape, and features of the pool. The cost of installation can also add to the overall expense.
Related Questions:
- How long does it take to install an inground pool?
- What is the average lifespan of an inground pool?
- What are the ongoing maintenance costs of an inground pool?
- Is it necessary to hire a professional to install an inground pool?
- Can I install an inground pool myself?
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