Your Quick Guide on Selling a Home With a Pool
If you own a house with a pool in Australia and are planning to sell, it’s only normal to start wondering what the process entails, especially since regulations have changed in the last few years. Does the pool need pool barrier safety compliance before selling? Will the pool increase your property's value? What are the government requirements when it comes to selling properties with pools?
We will discuss the answers to these questions in this blog post. We will also go over some of the factors that determine whether a pool increases the value of a house, what to expect when dealing with buyers, and provide tips for selling a house with a pool.
Does Having a Property With a Pool Add Value?
Firstly, it is important to note that having a pool can be a great selling point for your property, especially in Melbourne's warm climate. Pools have so much to offer a household when it comes to relaxation, recreation and exercise. They can also make your property stand out in the real estate market, giving you an edge over other properties without a pool.
However, having a pool doesn’t always guarantee an increase in your property's value. If your property is located in an area where most homes have a pool, having one will probably not add much value to your home. Additionally, the size, style, and quality of the pool also play a crucial role in determining its value. A modern and well-maintained pool that complements your property's overall aesthetic can add significant value to your property. On the other hand, an outdated-looking or poorly-maintained pool can decrease the home’s value.
Selling Your Home & Pool Barrier Safety Compliance
If you’re considering selling your home and it has a pool, you should be prepared to receive several questions from potential buyers regarding the safety compliance status of your pool area. Therefore, getting your pool inspected and obtaining a certificate of compliance before showing off your property is the best thing to do.
According to the Victorian Building Authority, every pool or spa owner needs to do the following:
Register the pool with their local council.
Obtain an inspection of the pool barrier by a registered swimming pool inspector.
Correct any safety hazards identified during the inspection.
Submit a certificate of compliance to the local council by the due date.
A pool inspection can help identify any issues that need to be addressed before listing the property. Fixing any problems in advance can help the property sell faster and potentially at a higher price. Moreover, providing a certificate of compliance can give buyers peace of mind in knowing that the pool is in good condition. This will make the sale process run more smoothly.
To sum up, property owners with pools or spas should get in touch with their local council for more insights on the registration and certification process in their area.
Tips on Selling a Home With a Pool
There are several things you can do to maximize a house’s value if it has a pool, such as:
Keep the pool in top condition
A properly-maintained pool can significantly increase a home’s value. Things like ensuring the pool is clean and properly balanced are a must. Fix any leaks, cracks, gaps in the pool fence and gate, or other issues before putting your property on the market. Also, make sure that the pool equipment, such as pumps, filters and heaters, are in working order.
Make improvements to the pool area
Aside from being functional and safe, a pool area should also be visually appealing. You can enhance the area by adding extra features such as outdoor lighting, landscaping, shade structures, seating areas, a bar, and even a grill. Additionally, make sure that the pool area is safe, especially for families with children, by installing pool barriers, fencing, and safety gates.
Showcase the pool in your property's marketing materials
When advertising your property, make sure to use your pool as a selling point. Use high-quality photos and videos of the pool area in your online listings and social media posts, and be sure to highlight safety compliance. You could also take it a step further and stage the pool area to show how it can be used for relaxation and entertainment.
Price your property appropriately
Consider the value that your pool adds when determining your property’s price overall. You can get a good idea of how much your pool is worth by doing thorough research on the market and finding similar properties with a pool in your area. Consulting with a real estate agent with experience in selling properties with a pool is also a good move to help you price your property appropriately.
Final Thoughts
To sum things up, having a pool on your property can be a valuable asset when selling your home in Australia. However, its value depends on various factors, such as its condition, size, style and quality, safety compliance, as well as the location of your property. By following the tips we share above, you can maximize the value of your pool and attract potential buyers.
If you’re getting ready to sell your home with a pool and are looking for a pool barrier inspection, be sure to check us out! At VIC POOL INSPECTORS, we have the expertise and are backed by the Victorian Building Authority and the Swimming Pool and Spa Association of Victoria. We will work with our clients till their pools are 100% in compliance with their local regulations. Click here to set up an inspection today!
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