Digging Deep: Does a Below-Ground Pool Really Boost Home Value?

As a home inspector with years of experience evaluating properties across neighborhoods big and small, I’ve had many homeowners ask whether installing a below-ground swimming pool is a smart investment for increasing home value. It’s an understandable question—after all, few things seem to scream “dream home” like a sparkling blue pool in the backyard. But the truth, as it often is in real estate, depends on a few key factors.

First off, it’s important to remember that not all home improvements translate equally into increased property value. A below-ground pool is one of the more significant undertakings in terms of cost, upkeep, and impact on a home’s functionality. Installing one can easily run $40,000 and higher when you factor in excavation, permits, fencing, decking, and landscaping. Then come the ongoing expenses—chemicals, maintenance, occasional repairs, and higher insurance premiums. The math doesn’t always work in a homeowner’s favor.

Another thing to look at when inspecting homes is the target buyer pool—no pun intended. Not every buyer sees a swimming pool as a perk. Some view it as a liability. Families with small children may see safety hazards. Others may worry about upkeep or energy costs. This can limit your potential buyer base when the time comes to sell.

Climate plays a role as well. In regions with long, hot summers, a pool gets more use and may be more attractive to buyers. But in areas with shorter swimming seasons, it might sit unused for much of the year, becoming more of a decorative feature than a lifestyle upgrade.

That said, there are scenarios where a pool can enhance a home’s appeal. If the neighborhood has a high proportion of homes with pools, not having one can put your property at a disadvantage. In upscale developments where backyard pools are expected, installing one could be more about keeping pace than adding a unique feature.

From my perspective, homeowners considering a pool should focus less on resale value and more on personal enjoyment. If you and your family plan to stay in the home for several years and will get plenty of use out of a pool, it may be worth it for lifestyle reasons alone. Just go into the project with clear eyes about what it will and won’t do for your home’s market value.

In the end, a pool can add charm and enjoyment to a property—but it’s rarely a guaranteed financial win. As with any major home decision, doing your homework ahead of time makes all the difference.