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Should I add a pool to my home?

By Bob Millaway, South Jersey Community Expert & REALTOR®

Adding a pool is a lifestyle decision, not a financial investment. In-ground pools in New Jersey cost $35,000 to $80,000 installed and typically add only 5 to 10 percent to your home's value. Above-ground pools cost $3,000 to $10,000 but add little resale value. Pools require ongoing maintenance, higher insurance premiums, and increased utility costs. Consider how many months per year you will actually use it before deciding.

Why It Matters

Pools are expensive to install and maintain and may limit your buyer pool when you sell. Make this decision for your family's enjoyment, not for resale value.

Related Questions

What renovations add the most value? Should I hire a general contractor or manage the project myself? How do I find a trusted contractor for my renovation? How do I budget for a home renovation? Do I need permits for a remodel in New Jersey?

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