An increasing number of people are adding hot tubs to their homes. What’s the effect on property value? The answer is not clear-cut. There are different views about it, depending upon whom you talk with.
Homeowners who have added a spa are pleased with its attraction for prospective buyers. Still, appraisers offer cautionary words about having an above-ground structure in the yard — even one equipped with jets that can relieve back pain or used as a babysitter by little ones playing in the water. Unfortunately, no published research exists regarding whether adding a spa makes your home more valuable. However, anecdotal evidence shows that homebuyers consider adding a spa to be desirable and will often pay more for a house with one.
Does having a hot tub or swim spa in your backyard increase the value of your home? It’s worth asking because hot tubs are expensive, and you don’t want to make any mistakes. You can “give” yourself an instant hot tub if you follow these easy steps.
Find an old used hot tub in someone’s trash; it doesn’t matter what brand or style. Anyone will do just fine, but if they are throwing away a Jacuzzi, be sure to grab that one! They’re all the same anyway, right? Take that used but still perfect hot tub home with you. When people are throwing out their old broken-down spa, they are probably more than happy for you to come to take it off their hands! Fill it up with water and add a cup of chlorine bleach. Make sure to use some sort of hot tub chemicals, or you might be in for some surprises when you get in! Sprinkle around a handful of baking soda.
Keep the hot tub covered up until it has heated back up to your average temperature. You can do this by plugging it into an electrical outlet or running the hose into the pool to keep it warm. Use one of those small propane tanks and refill as needed. That’s all there is to it! Your used spa will heat up just fine, and not only will you save money on buying a new spa, but you’ll also be able to enjoy its therapeutic effects whenever you want.
Now that you know how easy it is to take an old hot tub and make it new again for your very own, you might be ready to buy a brand-new one! If you want to find out more about the pros and cons of the different brands on the market before making a big purchase.
How do hot tubs increase home value?
Currently, the real estate market is experiencing a significant decline in home values. The housing slump has picked up dramatically in recent months, with substantial reductions in sales and prices. However, some houses still seem to be valued at very high rates or even increasing in value, such as homes with hot tubs installed.
There are many reasons why adding a hot tub to your property can increase home value. Some people purchase these spas for recreational purposes, while others rely on them for health benefits. A study by Harvard University concluded that “relaxation in hot water baths seems to be beneficial for lower back pain” (Harvard Men’s Health Watch). A survey conducted by the National Spa & Pool Institute found that 34 percent of spa owners said that the most important reason for buying their spa was health-related. Whether or not you believe in these benefits, it is evident that many people do.
People buy homes with hot tubs installed for several reasons. First of all, some home buyers want to live in a healthier environment to relax and recover from stress or everyday life. This has made spas very popular among baby boomers who are looking to retire and enjoy life. The outdoor lifestyle once enjoyed by previous generations is now viewed as an opportunity to spend time outdoors with friends and family while enjoying the benefits of owning a spa. Many newly constructed homes also offer them as options because homeowners tend to purchase them when available.
Some home buyers choose to purchase properties without hot tubs because it allows them to customise their property according to their needs and tastes. For instance, some people might not have the space or the time for a spa, while others might be looking for a traditional house with no additional features. The price variation between homes with and without hot tubs may also influence a buyer’s decision, along with specific selling points included on each listing. For example, one property may offer free installation of the spa while another might consist of accessories such as massage chairs, saunas, steam showers, or built-in televisions.
Homebuyers who are living with chronic conditions can benefit by owning a home with a hot tub. These spas offer therapeutic benefits that help people with arthritis and lower back pain enjoy their homes more fully. People will likely pay more for these houses because they realise the potential value of having such services on hand to help them feel better at home. Living in an environment where you can relax and improve your quality of life is priceless for some individuals, so they are willing to pay more for it. It also provides peace of mind knowing they will not have to go out searching for one on their own if they do not want to deal with the responsibility of caring for it.