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In Canada an in-ground swimming pool does include in the resale worth of your residence, yet do not anticipate to obtain 100 % return on your financial investment. Typically an in-ground swimming pool could raise the worth of a home from 6 to 10 percent.
In most cases, the landlord or property owner is responsible for maintaining the pool, including cleaning and upkeep. However, it is important to read the lease agreement carefully to determine the responsibilities of both the tenant and the landlord.
The Virginia Uniform Statewide Building Code requires a building permit for any swimming pool that is larger than 150 square feet in surface area, holds over 5,000 gallons of water, or is 24 inches or more in-depth. The code makes no distinction between in-ground, above-ground or inflatable pools, hot tubs or spas.
Swimming Pools When a pool does increase the value of a home, it's usually no more than a 7% boost?not necessarily an amount that would make it worth the cost?and even that small return happens only in certain situations: You live in a high-end neighborhood where pools are the norm.
Essentially, if you have a backyard pool in California, it's likely to raise the value of your home. Still, California is a big state, so the exact value added can vary quite a bit. Some examples of what you can expect are: Los Angeles: Homes with a pool sell for about $95,000 more than similar homes without.