What About The Pool

Whether the pool increases the value of a home depends on the neighborhood, the present value of your home compared with those around it, the size of your lot, and buyers’ expectations in your immediate area. In some cases a pool can even make a house harder to sell. Local real estate brokers can give you better answers than I can, perhaps even over the phone.

Your local tax assessor will then use that same information to judge whether the pool will add value to your property. If the assessor thinks it will, your assessment will go up. If not, it won’t. You can always call the tax office and discuss the matter ahead of time.

With many homeowner’s policies, an in-ground pool does not require additional premiums. Double-check yours, though, with your insurance broker. You’d want to let the insurer know about a pool in any event.