Most homeowners get a hot tub for their own personal enjoyment, but that doesn’t mean that there aren’t other things to consider when purchasing a hot tub. Your hot tub can also provide a good return on investment (ROI), depending on the specific tub, your location and how you choose to handle its surroundings.
Here are some things to consider when you’re purchasing a hot tub for maximum ROI:
- Location: Living in Southern California means that it’s frequently hot tub weather. Even when the temperatures start dropping, it rarely gets too cold for a dip in hot water. This tends to make pools and hot tubs more appealing, since residents can enjoy outdoor recreation for longer than people living in colder climes; however, a hot tub might not be quite as appealing as a pool, since we get plenty of hot weather.
- Neighborhood: Your neighborhood will also affect how much of an ROI you can get out of your hot tub. If you live in a neighborhood where your neighbors also have pools and hot tubs, adding a hot tub is a good way to boost your individual home’s value. If, however, few people in the neighborhood have pools or hot tubs, adding one might increase the value to the point where it’s hard to sell.
- Type of hot tub: The type of hot tub you choose will also affect the ROI. If you purchase a custom, top-of-the-line hot tub with all the bells and whistles, the hot tub ROI might be lower compared to a mid-range model with a lower cost and good landscaping.
- Cost of installation: Finally, consider the cost of installation—not just the tub itself. Make sure you have a good idea of how much value your hot tub will add to the home, so you can decide if the installation costs are worth it.
How to increase your hot tub’s ROI
If you want to enhance your hot tub’s ROI, there are a few things you can do. First, consider how much privacy your hot tub will have. No one wants to sit out in the hot tub while prying neighbors are watching. Either install the hot tub in a secluded area, or create privacy with a gazebo, privacy fence or strategic landscaping.
Second, consider making the hot tub the focal point of a lounge area. Adding chaise lounges and other comforts can make your backyard feel like an oasis, especially if you’ve got plenty of privacy.
Finally, think about how you can improve the aesthetics. Do you need new landscaping? Would fairy lights help set the mood? Does your deck or patio need to be refinished? Addressing these issues will create more value in your home and attract potential buyers.
Now that you know what to consider before buying a hot tub, reach out to Avanti Pools, Inc. to get started. We can design and install the perfect hot tub for your needs when you call today to arrange a consultation.