The complex decision of investing in a pool

It’s summertime again, which means back to the age-old debate – to build a pool or not. It is a question without an easy answer. Before making a decision, consult a REALTOR® who has expert knowledge on how a pool affects a home’s value.

 Installation costs on an in-ground pool run in the tens of thousands of dollars. The average price of installing a pool is roughly $30,000. That is for a standard in-ground pool, not counting amenities like a waterfall or colorful lights. That alone is reason enough to think twice if this is what a home really needs.

 However, some pool owners argue that having family and friends gathered in the backyard all summer is priceless.

 Annual maintenance for a pool that operates in a seasonal setting, like Louisville, costs around $600. This number can fluctuate based on the type of filtering system, heating system and pool cover used. New and more efficient heating and filtering systems will cost more up front, but will save money in the long run. To open and close the pool at the beginning and end of each summer typically costs anywhere from $300 to $500 if a professional is used.

 For more details on how a pool affects the price of a home, contact a local REALTOR®.