Does a Swimming Pool Increase Home Value? Here’s How Much It Adds
Let’s talk about something that’s a dream for many homeowners—owning a backyard swimming pool. The idea of relaxing on a float, entertaining guests with poolside BBQs, and keeping the kids entertained all summer long is undeniably appealing. But before diving headfirst into that dream, it’s worth asking the big question: How much does a swimming pool add to home value?
While the answer isn’t one-size-fits-all, it’s more nuanced than most articles let on. You’ll often hear blanket statements like “pools add value in warm climates” or “they’re a bad investment in Canada.” But let’s break down the facts, the hidden pros and cons, and some surprising insights that most homeowners—and even some agents—overlook.
What the Stats Say: The National and Local View
Nationally, homes with in-ground pools tend to sell for more than similar homes without pools. According to a 2023 report by HomeLight, a pool can increase a home’s value by up to 7%, depending on the location, pool quality, and surrounding amenities.
In Canada, however, the situation is a bit more complex due to the climate. A pool in Mississauga or any Greater Toronto Area (GTA) neighborhood won’t get year-round use, but it can still be a significant value booster. In fact, according to a Royal LePage survey, homes with well-maintained pools in suburban areas like Mississauga can command $20,000 to $40,000 more than those without.
But here’s what many websites miss: a pool doesn’t always increase resale value directly—it can boost “saleability.” Homes with pools often stand out in listings, draw more online views, and create emotional connections that speed up the sale.
Beyond the Obvious: What Most People Don’t Realize
Let’s go beyond the numbers and talk about what most websites won’t tell you when it comes to swimming pools and home value:
1. Pools as Lifestyle Signals
Buyers don’t just see a pool—they see a lifestyle. For families, it’s a way to keep kids engaged. For entertainers, it’s a social hub. And for remote workers, it offers a resort-like experience at home. This emotional attachment can make buyers more competitive, sometimes leading to bidding wars.
2. Neighborhood Influence is Huge
If you live in a neighborhood like Streetsville or Port Credit, where pools are common, not having a pool can actually hurt your value. Buyers might see your home as “incomplete” compared to the Joneses. On the flip side, if you install a high-end pool in a starter home area, you might not see much ROI.
3. The Quality and Features Matter
A $70,000 custom in-ground saltwater pool with a waterfall and night lighting system is going to appeal to a different buyer than a basic vinyl-liner model. High-end buyers want turnkey luxury, and the finer pool features become selling points.
4. Permits, Bylaws, and Insurance—The Mississauga Factor
In Mississauga, pools must meet specific zoning bylaws, setback requirements, and fencing rules. Homeowners also face increased liability insurance costs. These factors affect how appraisers and buyers calculate value, so always factor in local regulations when assessing worth.
Breaking Down the Numbers
Let’s look at a scenario:
Imagine a home in Mississauga valued at $1.2 million without a pool. Installing a pool costs about $60,000–$90,000 for a mid-range in-ground pool. If the market conditions are favorable, that home could now list at $1.25–$1.28 million, depending on features and timing.
Here’s the breakdown:
| Pool Type | Avg. Installation Cost | Potential Value Increase | ROI Estimate |
| Basic Vinyl Pool | $45,000–$60,000 | $15,000–$25,000 | ~40–55% |
| Fiberglass Pool | $60,000–$80,000 | $25,000–$40,000 | ~50–60% |
| Concrete/Luxury Pool | $90,000–$150,000 | $40,000–$60,000 | ~40–50% |
While you may not recover 100% of your costs, the increase in buyer interest and shorter time on the market often makes the investment worthwhile, especially with the right real estate marketing.
When Does a Pool Hurt Home Value?
Let’s not ignore the downsides:
- Maintenance Costs: Annual upkeep, chemical treatments, and repairs can run $2,000–$5,000.
- Safety Concerns: Young families may shy away due to drowning risks.
- Seasonal Use: In Mississauga, pools are typically usable from late May to early September, which limits appeal compared to Southern U.S. markets.
- Buyer’s Preference: A pool can be a dealbreaker for buyers who view it as a liability rather than a luxury.
That’s why working with a local real estate expert in Streetsville or greater Mississauga is crucial. They’ll understand how to market your home effectively based on buyer profiles and area expectations.
A Real Estate Agent’s Perspective: Should You Invest?
Here’s our take from the field: A pool adds value—but only if it aligns with buyer expectations in your area. In neighborhoods like Streetsville, where outdoor living is a big part of the community vibe, a pool can be a major advantage.
We’ve helped homeowners stage and market pool homes in Mississauga successfully. The key? Proper maintenance, legal compliance, and knowing when to sell. Timing your listing right (late spring to early summer) can make a huge difference.
So before you install or list your pool property, consult with a Mississauga Homes Real Estate Agent Streetsville expert. We offer personalized advice to help you navigate market trends and maximize your ROI.
Key Takeaways
- A pool can increase home value by 5–7%, especially in mid- to high-end markets.
- Emotional appeal, lifestyle signaling, and buyer competition can outweigh strict ROI.
- Mississauga-specific bylaws and climate conditions play a key role in determining added value.
- Poorly maintained or overly expensive pools may hurt resale value.
- Work with local real estate professionals to understand if a pool investment makes sense for your property.
Ready to Dive In?
Thinking about adding a pool or selling a home with one? Don’t go it alone. Our Real Estate Agent Streetsville experts know the Mississauga market inside and out. We can help you evaluate if a pool will be a smart investment, how to market it effectively, and what buyers in your area really want.
Whether you’re listing your home, buying a new one, or just planning for the future, let’s make sure your next move is the right one.
- Contact Mississauga Homes today for a personalized consultation.
- Let us help you get the most from your home—and your lifestyle.
- Call, message, or visit our Streetsville office anytime.
- We’re local, we’re experienced, and we’re here to help.
- Let’s turn your real estate goals into reality—starting now.
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