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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.
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