A retirement home is an investment and most people will look for ways to add value to such an investment.
Take home swimming pools. There is more than one simple answer to the question of if a swimming pool adds value to a retirement home.
Some of it boils down to location. In some areas of the country, a home swimming pool can be an asset that attracts people and helps convince them they have truly found their retirement home. This is especially true if a large number of homes in the area have swimming pools. So how can you know if the pool adds value? Talk to a local realtor and review home sales data from the area. For instance, swimming pools often offer more value to homes in the southwest as compared to homes in the Midwest. Still, every area should be treated as unique. Talk to a realtor.
Beyond the monetary value of the home, there is also the personal preference. How important is it to have a swimming pool for your retirement home. Is a pool something you’ve always wanted in a home? Will you use the swimming pool on a regular basis?
If you are moving to a new area when purchasing your retirement home, make sure you educate yourself on the local regulations. There may be zoning regulations tied to pool installation. It’s best to know early, before any final decision is made.