Fully tiled family pool with water feature

Pools add $140K+ to house value

Adding a swimming pool to your house can add at least $140,000 in value, according to research conducted by buyer’s advocate Secret Agent.

Looking at suburbs in Melbourne, the study found a swimming pool added between 10% and 16% to the value of a house, and also that the value varied between areas. Houses in Hawthorn were estimated to sell for $180,000 more with a pool, compared to houses in Kew, which were expected to sell for a huge $450,000 more.

“A swimming pool can be a wonderful addition and a good investment despite its seemingly high upfront costs, since the lowest expected value it can create is around $140,000,” the study said.

 

If you want to improve the value of your property with a new pool, click here to request a quote.