Did you realize a swimming pool renovation could actually both save you money and make you money? If you have an older swimming pool at your home, spending money on a quality pool renovation – or even just taking care of some pool repair issues or pool equipment upgrades – will save you money in the long run. And when you take into account the added value to your house; a more energy efficient, lower maintenance, renovated pool with upgraded features will make you money if you decide to sell your home.
Increase the Value of Your Home
According to a recent study published by the National Association of Realtors, in-ground swimming pool installations increase the value of homes. In Hilton Head Island, Bluffton and the surrounding areas of South Carolina and Georgia along with the rest of the Southeast United States, the increase in value from in-ground pools ranges from 5 to 10 percent according to that same study. Not only is high quality pool renovation the smart way to push that value closer to the 10 percent increase, but a renovated swimming pool will also be more attractive to buyers looking for a move-in ready home lacking in major repair issues.
What if you don’t plan on selling your home in the near future? Is a pool renovation project the smart way to spend your money? If you want to save money, cut operation and maintenance costs and create a safer swimming pool environment, then renovating your swimming pool is the right move.
Resurface Your Pool
Pool resurfacing is one of the more popular pool renovation options. Over time your swimming pool takes a beating from environmental conditions. The result could be a pool you would rather keep covered than one you love to look at and swim in each day. Resurfacing your pool will give it a facelift and today’s resurfacing materials will stand up to harsh environmental conditions much better than those in the past.
Modernize Your Pool Equipment
Another excellent way to spend money and recoup money with your pool renovation is to replace your older pool equipment (pumps, heaters, lights, controls, etc.) with newer, energy-efficient pool equipment. Modern swimming pool equipment will save energy and water, run quieter and reduce operation costs. Besides adding up to lower power bills and spending less money on equipment maintenance and repairs, you may also qualify for tax credits or rebates with your new energy efficient swimming pool equipment.
Consider Converting to Saltwater
One swimming pool renovation many pool owners do not consider (but they should) is to convert their chlorine pool to a saltwater pool. Swimming pools with salt water offer many health benefits. They also offer cost-saving benefits. This is due to the fact that operating and maintaining a saltwater swimming pool saves money over traditional chlorinated pools.
Having work done to repair your pool, bring your pool equipment up to modern standards, resurfacing your pool or even going with a partial pool remodel will pay off in the long run. If you are starting to dislike the cracked tiles, worn out pool surface and loud, energy-eating pool equipment, don’t think twice about a pool renovation. Your swimming pool is there for your enjoyment. Renovating your pool is one way to bring back that joy.