Financial pros and cons of building a pool
Pros:
When considering the possibility of making a pool, the first question usually arises: “Will it bring me financial benefit?”. The answer is a bit more complicated than you might expect. Although you may not get the full return on your investment, the pool will certainly add dollars to your sale of the house! The National Association of Realtors recently calculated that an in-ground pool will increase the value of your home by about 5%!
Cons:
Although building a pool can add value to your home, the financial risk of such efforts cannot be ignored. Building a backyard swimming pool is definitely a big investment. According to Fixr, building an average pool in the ground costs over $25,000. Naturally, the cost can increase or decrease depending on individual sizes, models, materials and additional luxurious features. And while the pool can help your home sell faster and for a little more money, the risk of losing money is still high. Even in the deep south, the pool does not guarantee financial returns. Many homeowners save only 40-70% of their investments. And you can not forget the maintenance costs! Pool ownership is not a one-time purchase, you should also consider regular maintenance. Keeping your pool includes additional utility costs, balancing chemicals, water accessories and possibly homeowner insurance.Community pros and cons of building a pool
Pros:
So if the main advantages of your pool are not financial ... what are they? Pool owners claim that the most useful part of owning a pool is the entertainment of the community and the family, which their water investments have provided over the years. From family gatherings to romantic dates or youth groups or meetings in the neighborhood, swimming pools tend to bring people together. Many residents like to have a house with a reinforced "receiving" factor. If you want your home to be a place for meeting new friends or a place for relaxed meetings, building a swimming pool will certainly allow you to have a better time. Many parents love backyard pools because they make children happy and busy in the summer.
Cons:
If you are not interested in sharing your pool, unwanted guests can become a bit of a nuisance. In some areas, friends and neighbors will be more likely to invite themselves to relax and swim. Having a pool in the backyard can also be a problem when there are small children around. Allowing children to use your pool can result in scratches and bruises. Not to mention that there is always the risk of drowning. And since your pool is private, you will have to act as a lifeguard. For some, the fear of a potential accident is enough to turn off the possibility of building a pool.Convenience pros and cons of building a pool
Pros:
As we have said, to have a pool in the Texas heat is incredibly convenient! On the one hand, the pool provides you with a quick, refreshing vacation. Either your workout or your "rest" on the water is available immediately after you transform your backyard! Because of the very hot months in the deep south, the swimming season lasts much longer than in other parts of the country. This means that you get more days of swimming than anywhere else! And, since many homes have swimming pools there, pool maintenance and contracting are offered at a relatively low price.Cons:
Owning a pool, you cannot forget about routine maintenance and monthly maintenance. This includes monitoring chemical balances, water levels, and restrictions, etc. These regular maintenance tasks cost time and money. However, fortunately, advances in pool technology have significantly shifted the burden of work from the pool owner. Experts say that once you get the right pool levels, minor random adjustments will not really be too expensive or difficult.