When homeowners invest in renovations or luxury items, many prefer to get a significant return on investment. That frugal mindset makes a great deal of sense considering a house generally stands as the single largest purchase in a person's life. New bathrooms and expansive kitchens may reliably improve property values. But what about inground pools?
Everyday people have vastly different opinions about whether installing an inground pool delivers a secure return on investment (ROI). Real estate sector experts also disagree. Some reports indicate that an inground pool improves property values by approximately 5-8 percent. Others conclude that homeowners may only get 43 percent of their investment back. Rather than choose between one opinion or another, it may be worthwhile to consider the building process and quality of life benefits.
It's important to see past the sparkling pool pictures and relaxed sunbathers. Hiring a contractor to install an inground pool is a big job. Your backyard will likely remain under construction for upwards of 14 weeks, without any unforeseen delays. The ongoing construction includes loud excavation equipment, workers arriving early in the morning and the surrounding area will be largely unusable. These are typically inground pool construction phases to anticipate.
The final phases involve installing attractive tile work and relaxing decks to accompany the new pool.
It's not uncommon for budget-conscious homeowners to emphasize the quantifiable value of a poll installation. If you think in terms of a 7-8 percent resale value increase, other home improvements might seem more practical. However, monetary value of your home is only one important aspect. People who move forward with an inground pool project often gain the following lifestyle benefits.
The sometimes hidden truth about new bathrooms and expansive kitchens is that everyday people make these upgrades to enhance their quality of life as well as secure an ROI. The financial aspect usually takes a backseat to living well and feeling comfortable at home.
Hiring a contractor and living in a construction site tends to be worth the lifestyle benefits pool owners experience. But making an informed decision requires gathering estimates, understanding the ongoing costs associated with inground pools, ROI and the value of your leisure time.
Kim Cuomo brings a 25 year wealth of experience and passion to the world of real estate, having dedicated over two decades to serving clients across the vibrant landscapes of South Florida. With a background as a paralegal, Kim's transition into real estate was not just a career change, but a discovery of her true calling. Her deep-rooted love for the industry is evident in the personalized, hands-on approach she adopts with each client, ensuring they feel valued and supported through every step of their journey.
Whether navigating the complexities of a first-time home purchase or orchestrating the sale of a luxurious $30 million estate, Kim's expertise spans the full spectrum of residential and commercial real estate. Her reach extends across Palm Beach County, Martin County, St. Lucie County, Broward County, and Miami-Dade County, offering a comprehensive understanding of the unique markets within each area.
Kim Cuomo's dedication to excellence and her ability to forge meaningful connections with clients make her not just an agent, but a trusted advisor and friend in one of the most significant transactions of their lives. Her commitment to providing exceptional service is unwavering, making her a standout professional in the South Florida real estate scene.
