Comfort and luxury are the common reasons why many homeowners install a hot tub. It’s also why your home may pique the interest of potential homebuyers when you decide to sell. Thus, owning a hot tub can boost your home’s value.
Nevertheless, the type of hot tub you have determines whether your property’s value increases. For example, stainless steel and wooden hot tubs bring a luxurious feel to your home. The contrast between the stainless steel and the texture of natural cedar brings out a rustic vintage look that is unique and elegant. Due to its association with luxury, such hot tubs may increase the value of your home
Additionally, a built-in or in-ground hot tub is more likely to add value to your home than an above-ground or portable one. Stick around to find out how hot tubs add value to your home.
In-Ground Vs. Above-Ground Or Portable Hot Tubs
Many properties are equipped with either an in-ground hot tub or an above-ground tub. Here are the differences between them:
In-Ground Hot Tub
An in-ground hot tub is a built-in tub located strategically in your yard. Installing this hot tub is quite expensive. It requires digging a hole in the ground as well as the necessary plumbing and electrical work. The cost may even be higher depending on the design. Nevertheless, the outcome can make your home look more aesthetically pleasing, exuding a relaxing vibe.
Above-Ground Hot Tub
As the name suggests, an above-ground hot tub is found above the ground. Its portability means it can be placed anywhere within your home, including on the porch. Some above-ground hot tubs may require installing steps to make climbing in easier.
Generally, these types of hot tubs are more affordable than in-ground ones. However, they’re considered personal property and are often not included in the property’s valuation. Therefore, they may not add any value to your home.
Generally, in-ground hot tubs are the ideal home addition as they have a higher chance of boosting your property’s value.
Ways Hot Tubs Add Value To Your Home
Hot tubs can boost your property’s value significantly. However, the amount of value added differs for various reasons. Consider talking to a local real estate agent or a professional appraiser to get the exact figure. Here are some ways hot tubs boost your home’s value.
They Are Functional And Can Be Used Throughout The Year
While swimming pools have a higher demand in hotter climates, hot tubs are highly desired in colder regions. As such, homeowners looking to buy property in an area with a cooler climate may be willing to spend more on a home with a hot tub.
Nevertheless, using hot tubs isn’t restricted to cold weather. On the contrary, homeowners can soak in the tub any time of year, even in warm weather. Therefore, a hot tub is a functional everyday amenity rather than an accessory that can only be used a few times a year.
This exemplifies its functionality, a feature that appeals to many homebuyers. Consequently, potential homebuyers that consider hot tubs a necessity will not hesitate to pay more to purchase your property.
They Make Your Home More Aesthetically Pleasing
Hot tubs can make your home more aesthetically pleasing, increasing your property’s attractiveness to potential homebuyers. They’re a great addition to your outdoor space, especially when they blend with the scenery. Some homeowners add to the appeal by elegantly landscaping the surrounding.
In addition, a clean and well-maintained hot tub enhances the aesthetic appeal of your home. While many homebuyers dream of owning a property with a hot tub, hygiene ultimately determines whether they’ll invest in it. A hot tub in excellent condition that looks as good as new will likely pique their interest. Clean and clear water also exemplifies good hygiene and can be a selling point for your property.
Furthermore, where you install your hot tub within your property matters. The more it complements the surrounding structures, the more appealing it becomes. Examples of these structures are gazebos and pergolas. These structures can boost your home’s value, as homebuyers find them enticing. Therefore, a hot tub under a gazebo or pergola may increase your home’s attractiveness and value.
They Give Homeowners A Place To Relax
Hot tubs are the perfect place to relax after a long day at work or on the weekends. It’s the equivalent of relaxing in a pool but in hot water. Hot tubs may also have various health benefits due to their relaxing capabilities.
The hot water in the tub enhances circulation and alleviates tension, consequently providing relief to aching or sore muscles. The reduced tension may also minimize stress. Adopting relaxing routines before bed may lead to better sleep. Therefore, the soothing nature of hot tubs makes soaking in one a worthy routine for anyone seeking better sleep.
All these benefits portray hot tubs as relaxation tools. Considering that the tub is located within the home, there’s also the aspect of peace and quiet that many homeowners consider valuable. Consequently, you’ll likely get more value for your home from buyers who prioritize relaxation in the comfort of their own homes.
Winding Up
Hot tubs can boost your property’s value significantly. They accomplish this by being functional, improving your home’s aesthetic appeal, and providing a space for relaxation. An in-ground hot tub will be a better choice to experience these benefits. More importantly, ensure you thoroughly research various designs to get the most value for your property if you decide to sell.