A swimming pool can be an attractive feature in a vacation home. But for homeowners, there are pros and cons to think about before you invest in any of today’s Orlando homes for sale with pools.
Knowing if a swimming pool can maximize your home investment will help you increase your return and give your rental guests the features they desire.
Swimming Pools in Today’s Real Estate Market
Swimming pools are typically found in high-end homes, and many of those pools aren’t used as often as homeowners anticipate. This results in a costly feature that offers fewer benefits to home buyers.
When it comes to Orlando vacation homes, a pool can be a great asset since holiday guests can enjoy a relaxing swim after a long day at the area theme parks. Plus, the National Association of Realtors says an in-ground pool adds about 7.7 percent more in value to a home’s market value. As a result, purchasing a home with a pool can be worth the time, cost and effort needed to maintain, since it can bring added value at resale.
Why You Should Buy a Vacation Pool Home in Orlando
A swimming pool can enhance your Orlando home’s visual appeal, and homeowners who enjoy entertaining guests can get more value out of owning a swimming pool.
Families can give their kids the summer activities that a swimming pool provides, making it easy to cool down during the hot summer months. Children love playing and splashing around in the water. And for parents, it’s a great way to limit your kids’ screen time since they’ll be too busy in the pool to stare at their phones, tablets or computers!
Owning a home with a swimming pool offers several health benefits to you and your guests. Swimming is a low-impact form of exercise that’s safe for almost everyone. As a workout, swimming keeps your heart rate up, builds endurance, muscle strength and cardiovascular fitness. It’s also great for maintaining a healthy weight and reducing stress.
What to Consider before Deciding on a Vacation Pool Home
Before purchasing a home with a swimming pool, it’s important to consider whether you’re up for managing the ongoing maintenance that’s required, which can be costly over time. Chemicals, regular cleaning, energy bills, and repairs can all add up. You can save some money by maintaining the pool yourself, as opposed to hiring a pool service.
Safety is an important consideration to keep in mind, especially if you plan to invest in a pool home as a short-term rental. Accidental drownings are a serious risk to children who are four years old and under. So you’ll need to install boundaries, gates, rescue equipment, and other protective measures to keep you and your guests safe.
A swimming pool takes up a lot of space. New home buyers may value yard space more than a pool. When it comes time to resell your home, keep in mind that a swimming pool may not appeal to everyone. When shopping for pool homes in Orlando, check to see if there is extra room available to store equipment and accessories like pool vacuums, skimmers, cleaning supplies, floats and towels.
There are other costs associated with owning a pool. Your utility bills will be higher than a home without a pool. You may also have to pay higher insurance premiums, especially if your pool includes a diving board or water slide.
A swimming pool can add to the appeal of your vacation home. It’s wise to remember there are many factors to consider before you invest in one of the Orlando homes for sale with pools.
Team Donovan helps today’s home investors buy and sell luxury vacation homes in Orlando and in the popular theme park areas. We can help you find the vacation home that meets your lifestyle needs and gives you the highest return on your investment. To learn more, contact us at (407) 705-2616 to schedule a free consultation.