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JUNE 2021         VOL.  2021.12
Does a Pool Add Value to a Home?

If you’re thinking of adding an inground swimming pool, you're probably wondering if a pool adds value to your home. In other words: If you sell your home, will the selling price cover most or all of the costs of a pool, or will you take a bath on your investment?

First, some intangibles. It may be that you and your family get so much enjoyment and satisfaction from your pool that recouping your investment is a moot point. Hard to put a price on summertime splashes and smiles.

There are several factors that can help you determine if a swimming pool will add positive value to your home:

  • If you live in a neighborhood where many of your neighbors have swimming pools, your investment is probably solid. In fact, in those circumstances not having a pool might decrease your home’s marketability.
  • In warm climates, such as Arizona or Florida, a pool can be an attractive feature for potential buyers.
  • If you’re in a real estate market where houses sell quickly, a pool might not be a deterrent to a prospective buyer.
Doing the Math
Real estate experts estimate that an average 14x28-foot inground concrete pool potentially adds 5 to 8 percent to the real estate value of your home. If your property is worth $400,000, you’ll realize a boost to the value of your property of about $20,000 to $32,000. But the average cost of installing a 14x28-foot inground concrete pool is about $60,000, which means you’ll only recoup a portion of your original pool investment.

In addition to the face value of installing a swimming pool, there are annual costs associated with a swimming pool that can influence its value to your home — and your time including annual maintenance, professional pool services, electricity costs, homeowners insurance.

 
MARKET STATS
MAY 2021 MARKET STATS
Sedgwick County Home Sales Rose in MAY
Total home sales in South Central Kansas rose by 22.9% last month to 1,091 units, compared to 888 units in May 2020. Total sales volume was $246.8 million, up 52.1% from a year earlier.
Sedgwick County Active Listings Down at End of MAY
The total number of active listings in South Central Kansas at the end of May was 769 units, down from 1,393 at the same point in 2020. This represents a 0.8 months' supply of homes available for sale. The median list price of homes on the market at the end of May was $234,900.
VIEW FULL MARKET STATS

TCG HOT TIP

Ready to sell? Not sure where to start? Our agent Katie Brown explains! WATCH MORE VIDEOS

Steps to Selling Your Home

OPEN HOUSE SUNDAY

Check out this week's open houses!
View all open houses in Wichita and surrounding towns.
Find one you like? Give us a call for more details or to view it in advance.
316-634-6767

SEARCH FOR PROPERTIES

Looking for something specific? Shop all properties in Sedgwick and Butler County. Narrow your search by newest, price range, zip code and more.
Want to be in-the-know about upcoming listings? Email us to be added to the list!
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TCG FAVORITE RECIPES

Independence day is just around the corner. We are sharing two crowd pleasing recipes for family and friends to enjoy this Fourth of July!

Patriotic Charcuterie Board
Transform your ordinary Charcuterie board into a flag design!

Directions:

    1. Using a large rectangle serving platter (preferably one decorated like an American Flag, see links in post), arrange the red, white and blue foods into the American flag design.
    2. Blueberries and a blueberry covered goat cheese log create the base for the little white stars cut from Fontina cheese. The remaining ingredients are laid out from top to bottom alternating red and white foods to create the stripes.
    3. Serve and enjoy!
"Tie-Dyed" Star Sugar Cookies
Tie-Dye is all the rage! Be in-style with this fun and simple dessert!
Ingredients
  • Use your favorite Sugar Cookie Recipe or go for the store bought dough
  • cook as directed
  • Marble Icing Glaze

    3 cups powdered sugar sifted (415g)
    3 Tablespoons light corn syrup
    3-4 Tablespoons milk
    ½ teaspoon vanilla extract
    ¼ teaspoon almond (or other, preferred) extract optional
    gel food coloring I used Americolor "red red" and "electric blue"
    silver star sprinkles
    luster dust/disco dust Optional
 

How to Make IT

         Marble Icing Glaze
  • In a large bowl, combine sifted powdered sugar, 3 Tbsp milk, and light corn syrup. Whisk until smooth. If mixture is too dry, add additional milk, one teaspoon at a time until mixture can be stirred.
  • Stir in extracts.
  • Glaze should be thick, to test that it is the right consistency drop a few droplets on top of a test cookie. If the glaze remains stiff, it needs to be thinned. If it runs off the cookie, it is too thin and needs more powdered sugar. If it settles down smoothly, it is just right.
  • Divide glaze into four small bowls.
  • Working with one bowl at a time, use a toothpick (a different toothpick for each color) and dip it into the food coloring bottle and then into the glaze. You want a small dot of food coloring
  • Drag a toothpick through the food coloring and glaze until it is prettily swirled/marbled.
  • Holding your cookie at the base, dip the surface of each cookie into the glaze (Adjust whorls with additional food coloring as needed).
  • Once the first bowl runs out or the colors become too muddled together from dipping, move onto your next bowl of food coloring (you will probably need to stir first before adding your coloring, as the surface may have begun to harden).
  • Repeat steps 5-7 until all cookies have been dipped. Allow them to harden at least 30 minutes (may take longer) for glaze to set. Enjoy!

 

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