Does a water feature increase home value?
Having a pool on your property will increase your home’s liability, and it will likely increase your home insurance fees. Most policies cover pool-related incidents, but experts recommend increasing your liability from $100,000 to $500,000, which costs about $30 more a year. In some areas, adding a pool may increase your annual property taxes, but it won’t necessarily add to your home’s sales price.
Do water features add value?
Most water features do not add value in dollars, but they do add aesthetic value. A pool is traditionally associated with relaxation and that special kind of energy that only a good swim can provide. The main reason homeowners install water features is for their personal pleasure, not to increase the value of the home.