Ask Bob Renovations Should I add a pool to my home?

Should I add a pool to my home?

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.

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