A house with a pool is a very attractive asset for some Waltham home buyers. Having a pool offers entertainment, swimming, in-water exercise options right at home, and is a great thing to have during the summer months when you want to cool down and relax. However, it’s important to keep in mind the upkeep and maintenance having a pool requires. Here are a few things Waltham Realtors suggest to keep in mind before purchasing a home with a pool.
Maintaining a well-kept and clean pool requires ongoing costs and definitely a good amount of work. You’ll need to make sure to regularly clean the pool as well as treat it with chemicals to make sure bacteria and algae don’t take over the pool. You’ll also need to regularly replace the pool filter and skim the water to remove debris that gets into the water such as leaves, twigs, and insects. If you're interested in a heated pool, keep in mind that could greatly increase your utility bills.
If your pool is uninsured and something breaks such as the pump, the lining, etc. it could result in unexpected costs that could end up being hundreds, maybe thousands of dollars. It has been reported that homeowners with pools spend an average of $80-$150 a month. Waltham Real Estate Agents encourage you to consider these monthly costs before closing on a home with a pool.
Safety and Regulatory Compliance
It is crucial before buying a Waltham home with a pool to make sure it meets federal, state, and local regulations for safety requirements. Families with small children must always use supervision and also consider other safety measures around your pool. It has been found that drowning is the number one cause of unintentional deaths for children between the ages of 1-4. Consider installing alarms or have your pool in a fenced-in area to assure your children stay safe.
Homeowner’s insurance often covers a pool under the “other structures” section of your policy. However, keep in mind that the homeowner would potentially be held liable for injuries that happen due to the pool. Waltham Realtors will assist you in making sure you’re aware of any pool safety requirements imposed by your insurance.
People may think that the money spent on installing/maintaining a pool would be a good investment for when it’s time to resell the home. However, that is not entirely true. There is a chance your pool doesn’t have a significant impact on the resale value. This is especially true in New England since the pool is only usable for a couple of months of the year. There is also a chance it takes longer to sell your home because a pool might be a deal-breaker to some buyers. Waltham Real Estate Agents suggest viewing the pool as a lifestyle investment rather than a financial one.
Contact a Waltham Realtor
Interested in buying a home in Waltham with a pool but not entirely sure if it’s the right move for you? Contact a Waltham Realtor! A Waltham Real Estate Agent will talk you through the pros and cons to assist in your decision. Waltham Realtors are extremely personable and always work their hardest to help you find your dream home. Call today at 617-968-0022 or fill out a contact form!