OneMain Financial: 4 Reasons to Build a Pool

Pools can be costly, which may stop some homeowners from considering installing one. However, pools offer many physical, social, and potential financial benefits that can make them worth the effort. While cost may be one of the biggest hurdles homeowners face, luckily, they have options to secure affordable pool loans to help build their dream at-home pool.

Let’s explore four key reasons why homeowners should consider building a pool.

1. Increase Home Value

One of the biggest benefits of building a pool is that it can potentially increase a home’s value. Some estimates have found that a pool can increase a home’s value by up to 7%. The exact amount will vary based on several factors, such as the home’s location, neighborhood, climate, space, and pool maintenance.

Regardless, this potential increase in home value can allow homeowners to tap into more equity later or receive more proceeds when selling. These benefits can help homeowners in the long term and reduce the net cost of pool financing.

2. Improve Health and Wellness

Swimming is a low-impact exercise that may help improve cardiovascular health, build muscular strength, and increase flexibility. It uses many parts of the body, allowing the swimmer to get a full-body workout without leaving home or buying lots of home gym equipment.

Furthermore, a pool encourages the homeowner to get outside in the sun. Sun exposure is vital to creating Vitamin D, which helps with maintaining bone density, immune function, and mood regulation. People must make sure to protect their skin with sunscreen, though.

3. Spend More Time with Family and Friends

Pools create an outdoor social space where the homeowner can hang out with family and friends. Pool owners can host a backyard barbecue with friends, lounge by the pool with their spouse or partner, or even play pool games with their kids.

The pool offers kids a social space, too. The homeowner’s children can invite their friends over to hang out at the pool to play games or host birthday parties. Just bear in mind proper safety and security measures whenever children are using the pool, including the need to install a fence or enclosure when building the pool. The homeowner should verify local safety regulations and requirements where they live.

4. Save Money on Travel to Pools and Beaches

Traveling to community pools requires families to spend time packing and driving. It also involves spending money on gas, parking fees, and potentially a club membership.

Visiting the beach can cost even more if one has to fly to a beachfront destination.

Furthermore, these locations don’t offer as much privacy and control.

Building a pool helps families reduce these costs, further justifying the investment in the pool. Over time, families can save a significant amount in gas, plane tickets, and other costs.

The Bottom Line

A pool can be a valuable investment in someone’s physical, mental, financial, and social health. An at-home pool can increase home value, help homeowners get exercise and sun, offer a place for social gatherings, and reduce the need to travel to pools and beaches.

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OneMain Financial is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans.

Contact Information:
Name: Sonakshi Murze
Email: [email protected]
Job Title: Manager