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  • Does a pool add value to a house?

    It comes as no surprise that ‘pool’ is the number one search term being used by buyers on realestate.com.au when refining their search criteria (Herald Sun, August 17 2013).  Gone is the day of the humble backyard, many now consider this space as an outdoor room complete with kitchen and swimming pool.  The luxuries of gas pool heating and pool covers, delivers year round entertainment – a much desired lifestyle by many buyers in the market today.

    A swimming pool integrated in with an outdoor entertaining area is without a doubt one of the main selling features of newly built and newly renovated homes being advertised in property magazines and online today.  According to Andrew Keheler, Jellis Craig Doncaster Director, Generation X buyers typically seek out properties with a pool as they have young children and regard a pool as a source of enjoyment for many years to come (Herald Sun, August 15 2013).

    People in the world of Real Estate and Property Development suggest a pool can add anywhere from 6% to 35% come auction (Herald Sun, March 3, 2014). An amazing swimming pool can be a “carrot” to a buyer in the market according to Paul Osborne, Secret Agent, especially those in the marketplace with children aged between five to fifteen years of age (The Age, March 9 2014).

    At the end of the day, it comes down to the buyers present on auction day and how much they are willing to spend to achieve their desired lifestyle both indoors and outdoors for their family.

    To view recent pool projects and gather ideas on how you can incorporate an Albatross pool into your outdoor area, view the pool gallery. Or visit our fully landscaped swimming pool display centres open 7 days a week.

    Source:
    1. Herald Sun 2013, Can I have a pool with that? Available from: http://www.news.com.au/finance/real-estate/can-i-have-a-pool-with-that/story-fncq3gat-1226698453057. [15 August 2013].
    2. The Age 2014, In the swim - the pull of a pool Available from: http://www.domain.com.au/news/in-the-swim--the-pull-of-a-pool-20140308-34ean/ [9 March 2014].
    3. The Herald Sun, A house you can swim in Available from: Herald Sun - A HOUSE YOU CAN SWIM IN - PressDisplay.com [3 March 2014].

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