If you’re considering installing a hot tub in your home, there’s no doubt that this will add value to your life, but will it add value to your home?
The answer to this is maybe.
Sometimes a hot tub won’t make much of a difference to your home value, and other times it can really enhance it.
It depends on the circumstances, and in this article, we’ll be explaining exactly how a hot tub can increase home value.
When a hot tub can add value to your home
According to HGTV, home improvement projects cost about 20 to 25 cents on the dollar, and the remaining 75 to 80 cents go back into your home through increased value.
However, home improvement projects require thought and consideration. Acting on impulse isn’t likely to generate much value to your home, and this is the case with a hot tub.
You want to ensure that the hot tub fits in with your property. Whether it’s built-in or in-ground will have a big impact on the value it adds (or doesn’t add) to your home.
This includes spa vaults, whether it’s built into a backyard patio or decking, and if it is linked up to the home’s water systems.
The surrounding landscape can be just as important as the spa itself, as this can help significantly when trying to blend the hot tub with the rest of your home. Otherwise, it can just look out of place.
Building around the spa as a fixture gives it a more permanent feel and can help it blend in a more appealing way. For example, adding decking around the hot tub or a patio specifically designed for hot tub specs, or a pergola or stairs.
The climate where you live can also play a large part in whether or not a hot tub will add value to your home. For example, in colder climates and/or seasonal vacation destinations, a hot tub can be a major selling point.
This has been further verified by the vacation rental specialists tripping.com, who have rated hot tubs as the number one amenity that can add value in terms of bookings.
Lastly, it’s always important to ensure your hot tub is clean and well-maintained, especially if potential buyers are visiting your home. Looking after your hot tub will also ensure that it lasts longer.
When a hot tub doesn’t add value to your home
A hot tub is less likely to add value to your home if it’s portable and removable, as it then becomes clear that the hot tub is not permanently attached to the property meaning the owners can take it with them when they leave.
These kinds of spas are also less likely to blend with the surrounding landscape as they’re not a permanent fixture.
Secondly, if a spa is poorly maintained it’s unlikely to add value to your home. This goes for anything in your home, as how well maintained the interior and exterior of your home is can have a big influence on its value.
If the hot tub feels out of place with the property or the local neighborhood it can also detract from the home’s value. Basically, the hot tub needs to fit in with the rest of the home and the surrounding area, and it needs to be something that other people in the area would appreciate.
Lastly, cheap hot tubs are a no-no, as a poor quality hot tub may as well be no hot tub at all, as these won’t last very long even if they’re well looked after.
Plus, homebuyers aren’t going to want to fix or replace a hot tub as soon as they move into a new property.
Investing in a quality hot tub will pay off in the long run, as it will increase the value of your home, as potential buyers will know that they can still get years of use out of it.
Maximizing your hot tub’s value
Ensure it fits in with the surrounding landscape
A random hot tub in your backyard will look out-of-place and brash unless you make an effort to integrate it into the surrounding environment.
Paying attention to how your garden incorporates the hot tub and making an effort to build around it – adding a patio, decking, stairs, or a pergola – will definitely increase its value.
Ensure it is well-maintained
Keep your hot tub clean and well-maintained, and, if you’re selling your home, make an effort to replace any worn-out parts and filters to ensure the spa is in good working order.
Give it a deep clean before realtors and potential buyers come round, as first impressions can have a big influence, and the cleaner your hot tub is, the more enticing it will be to potential buyers. It also gives an indication of how well you’ve maintained the rest of your home.
Ensure it’s a good quality hot tub
This is important because you want to ensure your hot tub will last at least 10 years or more. Like we said, potential buyers don’t want a cheap hand-me-down hot tub that’s going to breakdown as soon as they move in.
If you’re purchasing a hot tub, do your research and consult an experienced dealer from a reputable company before purchasing. Avoid temporary or cheap designs.
These may seem like a good deal at first, but they’ll cost you more in the long run if they end up needing expensive repairs or detract from the value of your home.
A hot tub can definitely add value to your home, however, it’s important that you consider the make and quality of the hot tub, and its placement, before installing one in your backyard.
A hot tub needs to be integrated into the rest of your landscape and shouldn’t look out of place, and, to maximize your home’s value, the hot tub should be well-maintained and have years of use left in it for the next homeowners.