With Texas summers coming in hot, many residents look for a way to stay cool while continuing to social distance. In ground pools can be the solution to both, and a wonderful addition to any backyard. There are many benefits to owning your own pool, including rejuvenating relaxation and the ability to get exercise in a fun way.
Pros and Cons of Building a Pool
Adding a pool has the potential to increase the value of your home, especially in Texas where home buyers appreciate having a place to cool off in the hot summer months. During the pandemic last year, pool homes were in serious demand and most were selling for multiple offers far over asking. Since no one could travel, people decided to invest in their home life instead. This demand has increased to homes with or without pools for this very reason.
You will make a lot of friends in Texas if you own a pool. Having a pool will give your home a more social aspect and unlimited hosting abilities. Being able to invite family and friends over to enjoy private quality time while staying cool in the Texas heat will make your home the place to be. Many parents enjoy having a pool for their kids and friends. It keeps them happy and occupied during the summer while swimming in far fewer chemicals than the local community pools. However, with more people over, it brings a higher risk of accidents and injuries. You definitely have to be aware of the drowning risks, especially with small kids and pets. Make sure your new pool has all the latest safety measures and that you also increase your vigilance with the kids and friends. Check into how having a pool impacts your homeowners insurance too.
In addition to the cost of construction, there are many expenses that go into maintaining a pool that should be considered. Maintaining a pool properly requires time and money. Costs can quickly add up when you start thinking about size, model, materials, and other luxury features. Once construction is finished, there will always be routine maintenance that you have to budget for too and even unexpected occurrences, like the last brutal freeze! A lot of pools were not equipped to handle the extreme weather. Also expect to have increased utility costs, balancing water chemicals, potential increased homeowners insurance, and of course more toys. But don’t let these expenses scare you off! Talk to your loan officer and reputable pool company to find the right budget for you.
Having a pool built can be a huge expense. Luckily there are pool loans that can help you install the pool you love with out breaking the bank! If you think a pool is for you but want more information about a pool loans contact Fay Strange at Motto Mortgage. There are different loan options depending on your home equity position, budget and goals. Fay Strange at Motto Mortgage.
If you are thinking about Buying, Selling or Investing in the Cedar Park Real Estate market or anywhere in the NW Austin Metro area – Contact Me – Christina Legrand, REALTOR® with RE/MAX 1 for all your real estate needs. (512) 966-6540 or email to clegrand@cedarparktxliving.com.
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