Will a swimming pool increase property value

Western Australia's notoriously long, hot summers ensure the delights of a backyard swimming pool are something many people are attracted to, but do they increase the value of a home?

Unfortunately there are no clear answers to this question. It ultimately comes down to the buyer's personal preference.

The pros and cons

The argument against swimming pools is that they are a lifestyle preference not shared by all potential buyers, so it won't really add value. While others say they are an inconvenience because of the ongoing servicing required.

Owning a pool requires annual pool inspection fees, ongoing costs with pumping, cleaning and chlorinating and possibly occasional structural maintenance on older pools.

On top of that, as water becomes more precious, it is likely the future cost of owning and filling a pool will be even greater. These outlays and responsibilities can be off putting to potential buyers who will avoid homes with swimming pools.

On the flipside, a pool can be a desired luxury for some buyers who are willing to pay more for this feature.

The value in pools like with their entertainment worth. Perth enjoys a Mediterranean climate perfect for outdoor living, so it's reasonable to suggest that the external appearance and features of a WA home will affect value and generally provides greater ease in selling.

If you're deciding whether a pool really does add value, consider the quality of construction and design features such as;

• are there any safety concerns?
• does the pool have access to other open areas on the property?
• is it compatible with the overall look of the house?

Installing a new pool should be approached in a similar way to building an extension.

If a pool is part of a well designed outdoor living area and complements the house by creating a better aspect to the property, then it is more likely that it will add value to the home.