Swimming pools are a great addition to a backyard. However, there is a legitimate debate over the return on investment for swimming pool construction. The average cost of an in-ground swimming pool is in excess of $21,000. There may be additional expenses as well such as landscaping and fencing.Click to see full answer. Also to know is, do swimming pools add value to your home?In some areas, adding a pool may increase your annual property taxes, but it won’t necessarily add to your home’s selling price. For that reason, try to keep your total building cost between 10% and 15% of what you paid for your house, lest you invest too much in an amenity that won’t pay you back.Beside above, how much does an inground pool raise your taxes? Depending on your market, an in-ground pool may add as little as 5 percent to as much as 30 percent of its purchase and installation cost to your property’s value. So if you have a $100,000 house and spend $30,000 on a pool, the value of your house may rise by $1,500 to $9,000. Similarly, what is the return on investment for a pool? A swimming pool also only has about an average 39% return on investment. This can be higher in warmer climates. However, you’ll never recoup all your money, so install a pool if it’s YOUR dream to sip chardonnay poolside and float around in the privacy of your own home whenever you want.How much will a pool increase my electric bill?According to the study, at the national average of 11.8 cents per KWh, a pool pump alone can add as much as $300 a year to an electric bill. However, Opower’s investigation revealed that its not just the actual pool that accounts for the massive increase in energy consumption of homes with swimming pools.
