It won't be easy since a swimming pool can actually make your home harder to sell. Many buyers consider it a liability rather than a luxury. Under the right circumstances, however, a pool could boost your home's value by as much as 7%, Houselogic estimates.
How much value does a pool add to a home? The experts are a split on how much a pool can contribute to a home's value. One HouseLogic study suggests an increase of 7 percent, at most, under ideal conditions, while HGTV reports that the average inground pool can up your property's value by 5 to 8 percent.
There's a limit to how much a pool can add to your home. Under optimal circumstances, a pool could boost your home's value by as much as 7%, according to Houselogic. Because of this general limit, you're unlikely to increase the value of your home by the amount that the pool costs.
A pool can increase not only your social worth but also the value of your home. However, the increase is probably not as much as you think. According to HouseLogic, there's no real guarantee that you'll make your money back. In fact, adding a swimming pool may only increase your home's value by 7%.
Whilst owning an outdoor swimming pool, endless pool or hot tub will not add value to your home they are certainly a wonderful lifestyle investment if you enjoy having fun in the water and are prepared for the cost of upkeep!
Making your house more efficient, adding square footage, upgrading the kitchen or bath and installing smart-home technology can help increase its value.
In terms of resale value, data via Zillow indicates that “greige” exteriors can boost the selling price of a home. Remodeling site Fixr also cites white and gray to be the top exterior paint colors in their 2020 Paint & Color Trends Report. Similarly, Beauchamp recommends timeless, neutral colors for a home's exterior.
Increase your home's value
Both interior and exterior painting are projects with a significant return-on-investment (ROI). On average nationally, painting both the inside and outside of your home yields a $4,000+ value bump. That's a 107% ROI for interior painting and a 55% ROI for exterior painting.
“According to real estate experts, the average ROI (rate on investment) for installing hardwood floors is about 70 percent to 80 percent, and wood floors can boost the sales price of your home as much as 2.5 percent” notes realtor.com.
Overall some 17% of high end estate agents have seen an increase in demand for swimming pools that can add up to 15% to a property's sale price, according to the study from Direct Line's Select Premier Insurance.
2. Swimming pools. It might sound surprising but a swimming pool can knock-up to £20,000 off your home. Given how poor the British weather can be, potential buyers are put-off by having one at all.
A good indoor pool (it is not worth putting in a cheap one) will set you back at least pounds 10,000 and a very glamorous one could cost up to pounds 100,000. "Indoor pools, although expensive, can add appreciably to the value of a property" says Mr Greenwood, "because they can be used all the year round.
Neutral Living Room Paint Colors
"Blues, grays, greens, and whites are timeless, calming colors that allow potential buyers to see a home as a fresh, clean slate. They can then picture themselves, and their personal furnishings, filling the space to make memories in years to come."
According to a recent Zillow analysis, statistics showed that front doors painted black can increase your home's value by 2.9%.
Agreeable Gray has seen a long duration of popularity that lessoned some as cool grays became popular. But now that light greiges are on trend again for 2022, Agreeable Gray is seeing a rise in popularity like never before.
What is the 60-30-10 Rule? It's a classic decor rule that helps create a color palette for a space. It states that 60% of the room should be a dominant color, 30% should be the secondary color or texture and the last 10% should be an accent.
What is the most popular color for a house exterior? Blue-Gray is the most popular color for a house exterior. This trend became popular in the last decade. Today, designers merge their tones to create a welcoming color.
A good kitchen could potentially add between five and 10 per cent to the value of a property.” However, it is important not to overspend on a kitchen. If your existing kitchen is very old, worn or out of date, then a brand new kitchen may well add 5 to 10 per cent to your home's value.
Another great way to improve your home's value is to upgrade your front door. The average return on investment (ROI) of replacing your entry door is 68.2%. Your front door is the centerpiece on the front of your home, so it's essential for boosting curb appeal.