Installing a swimming pool may seem like the ultimate upgrade, especially in a hot climate. But before diving in, it’s smart to consider whether it’s truly an investment—or just an expensive amenity. From a property value standpoint, a pool can be both a selling point and a liability, depending on several factors.
Let’s start with the basics. Pools are appealing, no doubt. They offer a private retreat, a place to gather, and can elevate the look and feel of a backyard. But when it comes to resale value, things get a bit murkier. The truth is, a pool doesn’t automatically boost your home’s market price enough to recoup the installation and maintenance costs. In fact, it often doesn’t come close.
Costs are the first hurdle. An in-ground pool can run from $40,000 or more, depending on size, materials, and features. That doesn’t include ongoing expenses like insurance, maintenance, repairs, and increased utility bills. Over ten years, a pool can easily cost another $10,000 to $20,000 just to maintain.
Then there’s the buyer pool—no pun intended. Not everyone wants a home with a pool. Some buyers see it as a bonus; others view it as a burden. Families with young children may worry about safety. Retirees may not want the upkeep. And buyers concerned about energy costs or insurance might be put off entirely.
Of course, location matters. In warm-weather areas like ours, where pools are more common and can be enjoyed for more months of the year, a well-maintained pool might tip the scale in your favor—especially if neighboring homes have one too. In some communities, not having a pool could even put you at a disadvantage during resale. But in others, it may not make much difference at all.
Another factor is how the pool blends with the property. A thoughtfully designed pool that complements the home’s layout and landscaping is more likely to be seen as an asset. A poorly placed or outdated pool, on the other hand, can make a property harder to sell.
So, is it a wise investment? If your main goal is to enjoy the lifestyle benefits—relaxation, entertaining, staying cool in the summer—then the pool may well be worth it. But if you’re counting on it to add significant value to your home, it’s best to manage your expectations. The return on investment is often modest, and in some cases, neutral.
Bottom line: Install a pool because you want to use it—not because you expect it to pay you back.
