Does a pool in your backyard mean a spike in your home’s value?

Considering Perth’s luxury housing market, the answer is likely a “yes”. Perth is home to Peppermint Grove, the second most expensive suburb in Australia, where the median real estate value this year is estimated to be at $3.5 million. It’s no surprise that homeowners here would want their own pool.

However, affluent neighbourhoods aren’t the only places where private pools are sought after. David Airey, president of the Real Estate Institute of Western Australia, believes that even a looming water difficulty in the region cannot take away from the value of a pool, or a similar home entertainment amenity. One reason lies with Perth’s climate.

Perth enjoys a Mediterranean climate ideally suited to outdoor living. It’s hardly surprising that the external appearance and features of a WA home do affect its value and generally provides greater ease in selling.

To put it simply, pools in Perth homes continue to improve the value of real estate properties. Fiberglass pools, in particular, are increasingly becoming more popular because of their ease of maintenance and longevity. In fact, even after a fiberglass pool has reached the end of its lifespan, pool companies like Palm City Pools can still breathe life into it.

Pool Refurbishment
Unlike vinyl and concrete pools, fiberglass pools can be refurbished. The process is a simple resurfacing of the fiberglass interior wall, which includes fiberglass resin, undercoat primer, and gel coat for UV and chemical resistance. The refurbished pool is brought to the buyer’s home to be installed, provided that the other components of the pool system are in place.

Refurbished fiberglass pool prices are definitely lower than those of new pools, since they are made from already existing moulds. Despite being refurbished, a fiberglass pool can look like brand new with proper installation. The lower costs and fresh appearance can definitely factor significantly into improving the value of a property.

The ease in maintaining a fiberglass pool also adds to its desirability. All it needs is some simple cleaning; algae and other fungi will find it difficult to latch onto its smooth wall surfaces. Luxury homeowners can benefit from the reduced cost of a refurbished fiberglass pool, while enjoying all of its perks.

(Source: Does a swimming pool increase a property’s value? Property Observer)