Yes, an in-ground pool can add value to a home in Canada. Depending on the area, a pool can potentially increase the value of a home due to the added amenities. Furthermore, many people in Canada consider an in-ground pool to be a desirable feature in a home.
In fact, according to a report from real estate sales agency Sutton Group, 66% of surveyed Canadians said they would pay a little more for a home with a pool.
Other factors that can influence the value of a home with a pool include the quality of the build, the size of the pool, the pool design, and the area the home is situated in. For example, a higher-end pool with a larger area could increase the value of the home more than a small pool located in an urban area.
Overall, an in-ground pool can add value to a home in Canada. However, the value-add should be considered alongside other factors, like the size and quality of the pool, and the location of the property.
What value does a pool add to your home?
A pool can add tremendous value to your home. Not only can it be a great source of recreation and relaxation for you and your family, but it can also increase the value of your home. Purchasing a pool can be seen as a long-term investment, as it increases the value of your home, making it a draw for potential homebuyers and increasing your home’s resale value.
Additionally, if you ever decide to rent out your home, a pool can be a great incentive for potential renters.
In addition to the financial benefits, having a pool can add to your home in other ways. Swimming pools can provide a great spot to entertain during the warmer months, with plenty of room for family and friends to gather, swim, and enjoy the sunshine.
A pool can also serve as a calming outdoor focal point in your yard, making it the perfect place to relax and unwind from daily life.
Does inground pool increase property taxes Ontario?
In most cases, installing an inground pool in Ontario will increase your property taxes. The exact amount of the increase depends on where you live and how your municipality assesses property taxes. Generally, the more value added to your property by an in-ground pool, the more your property taxes may increase.
In some cases, the City of Toronto will exempt an in-ground pool from taxation. This exemption is awarded to those who are replacing an above-ground pool with an in-ground pool, or who are making an existing in-ground pool larger or more expensive.
This exemption may also apply to a new pool, as long as its value doesn’t exceed $6,000.
In other municipalities, pool owners must request a reassessment of their property tax if their pool will have an effect on their property value. Even if you are eligible for an exemption in Toronto, it’s possible that you’ll still see an increase in your property taxes.
It’s important to know that the value of your property impacts the amount of property taxes you must pay each year. An inground pool may add considerable value to your property, so it’s important to speak to an accountant or tax professional who can advise you on the potential impact of an in-ground pool on your property tax rate.
Is a pool tax deductible?
Unfortunately, a pool itself is not tax deductible as a business expense or as a home improvement expense. However, there may be some associated costs related to a pool that are deductible. For example, if you own a business that uses a pool for entertaining customers, the expenses related to the pool such as cleaning services, repair, maintenance and even water can be deducted as business expenses.
Additionally, if the pool is installed on a business property, the cost of installation could be written off as a capital expense.
In terms of the home, some associated expenses such as chemical treatments, repairs, and even pool safety fencing may be deductible as a home improvement expense. Depending on the location of the home, pool construction permits may also be deductible.
It is important to keep in mind that all expenses related to a pool should be kept filed away with any receipts, as these records may be necessary when filing your taxes. Additionally, it would be helpful to check with a qualified tax professional to ensure that any deductions related to a pool are taken properly.
How much does it cost to maintain a pool in Ontario?
The cost of maintaining a pool in Ontario can vary greatly depending on the size and type of pool, as well as the type of maintenance you require. Depending on the type of pool, monthly maintenance can range from $80-$400 per month, while it may cost $480-$600 for seasonal maintenance.
When it comes to pool maintenance, it is important to consider the daily and weekly tasks that must be done to keep the pool in good condition. Daily tasks may include skimming the surface of the pool for debris, brushing the sides of the pool, and vacuuming the bottom of the pool.
Weekly tasks may include checking and adjusting the chemical levels, backwashing the filter, and scrubbing the tiles. Additionally, you may need to replace filters, pumps, and other mechanical parts at least once a year, which can cost up to $1,000.
Although it can be more expensive upfront, investing in a pool cover is a great way to save money in the long run. Pool covers help trap heat and eliminate water evaporation, reducing the need for chemical refills and water replacement.
It also helps prevent additional dirt and debris from entering the water and reduces the amount of skimming and vacuuming required each week.
Overall, the cost to maintain a pool in Ontario ranges depending on the size and type of pool, as well as the type of maintenance you require. The average cost for monthly or seasonal maintenance is $80-$600 per month, and additional mechanical and water replacement parts should be budgeted for once a year.
Pool covers are especially useful for keeping maintenance costs down, so make sure to consider investing in one.
What size is a medium size pool?
A medium size pool typically ranges anywhere from 12′ x 20′ up to 18′ x 34′. The depth of the pool can vary from around 3 feet up to 8 feet or more, depending on your preferences and the methods of installation.
Some examples of medium size pools would be an in-ground gunite pool or an above ground steel pool, although there are many choices for medium size pools out there. It all depends on your intended use, the space you have to work with, and your budget.
What is a good size pool for a family?
The size of pool that is best for a family will depend on several factors, such as the size of your yard, the amount of space that you have available, and the intended use of the pool. If your family is looking for a pool to primarily use for swimming, then a good size pool would be one that is at least 25 feet by 40 feet, as this will provide ample room for swimming and recreation.
If your family is more interested in using a pool for leisure and relaxing, a pool with a smaller footprint may be more suitable. In this case, a freeform pool with a gradual entry might be a great option – the gentle entry allows for easy entry and exit and the freeform shape is great for conversation and lounging.
Whichever Look you decide to go with, you should also consider adding a shallow end, if at all possible, so that younger members of your family can safely enjoy the pool as well.
What is the most popular pool size?
The most popular pool size is a rectangular shaped pool measuring 15’x30′. This size is large enough to accommodate swimming laps and to have plenty of swimming and playing space for the whole family.
It is also small enough for most backyards and for the average-sized family. Rectangular 15’x30′ pools are also versatile – they can accommodate diving boards, slides, and other pool accessories and toys.
Additionally, this size is generally the most budget-friendly option for a swimming pool and requires the least amount of maintenance and upkeep.
What is the cheapest price for an inground pool?
The cheapest price for an inground pool will vary depending on the type of pool, size, material, and other factors. Generally, above-ground pools are the most affordable option, starting at around $1,000.
In-ground pools, however, typically start at around $20,000 and can cost much more depending on the type of pool, size, and any extras that the homeowners desires. The type of inground pool that is the cheapest will be one that is built of vinyl or fiberglass, rather than one constructed with concrete, since concrete pools are usually more costly.
Factors such as pool shape, location, and climate will also affect the overall cost of an inground pool. It’s also important to note that installing an inground pool will also require additional costs in terms of installation and equipment, in addition to the cost of the pool itself.
A professional installer should be consulted to accurately price an inground pool project.
How much does a semi inground pool cost in Ontario?
The cost of a semi inground pool in Ontario can vary depending on the size, shape and type of pool you are looking for, as well as any extra features and accessories you may be interested in adding. Generally, the cost of a semi inground pool will start from around $20,000 based on a basic package.
This basic package will usually include the pool liner, pump, filter and installation. Depending on the size, you can expect to pay anywhere between $20,000 – $55,000.
At the higher end of the price range, additional features such as a slide, waterfall, diving board, stairs, benches and/or additional lighting can add significantly to the cost. This can quickly bring the total cost of the pool up to $55,000.
Furthermore, if you’re considering an above ground pool that can be semi-inground, the cost of the pool and installation could be even more expensive.
In order to get an accurate quote for your semi inground pool in Ontario, it’s best to contact your local pool retailer for a quote. They should be able to provide you with an estimated cost and can work with your budget to give you the best deal possible.
How long does an inground pool last?
The average life expectancy of an in-ground pool can range anywhere from 10-15 years, depending on the type of pool, quality and environment. Factors that can affect the life expectancy of an in-ground pool include: type and quality of the pool material, how the pool was installed and how well the pool has been maintained over the years.
Some pool materials such as gunite and concrete need to be regularly refinished or resurfaced to prevent scaling, discoloration and cracking. Vinyl-lined pools also need to be regularly inspected and replaced as needed to keep them in good condition.
Additionally, in order to avoid problems such as cracks and weakened structures, installation must be done properly by a pool-builder or contractor. Maintenance is also key to extending the life of in-ground pools: Regularly testing and balancing the water chemistry and inspecting the pool equipment helps ensure that the pool is running efficiently.
Having a pool cover is also a good idea, as it provides a barrier from dirt, debris, leaves and other outside contaminants. With proper installation, maintenance and care, an in-ground pool can last 10-15 years or longer.
What is a hybrid pool?
A hybrid pool is a combination of two or more pool types. It typically combines the efficiency of two separate systems and provides a more effective and efficient pool solution. Generally, a hybrid pool consists of a combination of a chlorinated pool and a mineral system, such as salt water.
Chlorine is used to sanitize the pool and prevent bacteria, while a mineral system ensures the pool’s balance and overall safety. Hybrid pools offer a lower level of maintenance and more comfort than traditional pool systems, and require less energy to operate.
They are also easier to monitor and maintain, since there are two separate systems in one pool. Hybrid pools generally last longer than conventional pool systems, due to their enhanced efficiency and lower maintenance costs.
Is a semi inground pool worth it?
A semi inground pool is definitely worth it if you want to maximize the swimming season in your climate. The up-front cost of a semi inground pool is usually much lower than that of an above ground pool, while at the same time providing some of the same benefits.
Semi inground pools can be used early in the season in most climates since they are partially in the ground, meaning earlier use of the pool and more swimming days!.
Moreover, since semi inground pools are partially below ground, they also bring with them some higher end features that are usually associated with inground pools such as decking, integrated stairs, and energy saving pumps and filters.
Having these added features may make a semi inground pool well worth it in the end.
On the other hand, a disadvantage of having a semi inground pool is that the landscaping around the pool is often more expensive and time consuming, since you have to deal with more soil movement and grading.
Additionally, semi inground pools can be more difficult to maintain and access for cleaning and repairs over time.
Ultimately, whether or not a semi inground pool is worth it is up to you and your family as there are both pros and cons. If you are looking for a more affordable option that provides many of the same features of an in-ground pool then a semi inground pool is likely a good choice.
On the other hand, if you’re more concerned about maintenance and landscaping, it may be best to invest in an above ground pool.
How deep can a semi inground pool be?
Semi-inground pools can be installed to a variety of depths depending on the homeowner’s preference. The shallowest semi-inground pools tend to be 3-ft deep while the deepest options can easily reach 8-ft depths or more.
The majority of semi-inground pool depths are installed somewhere in the middle at 4-6 ft depths. Most building codes require a shallow end of the pool to be at least 3-ft deep for safety, but the deepening wall angles steeply to the deep end.
The overall depth is up to the homeowner. Generally, deeper pools are more popular amongst adults as they can conduct more activities, however, a shallower depth of 4-5 ft is commonly considered the sweet spot for a semi-inground pool because two adults can stand up in the deep end and still allow for shallow play.
What can you put around an inground pool?
There are a variety of options for what you can put around an inground pool. Depending on your preference and budget, some of the most popular options include decorative pavers, natural stone, concrete and/or exposed aggregate.
When choosing your pool deck material, you want to consider the look, feel and maintenance required to keep it looking great. Pavers come in a variety of colors, shapes and sizes and can easily add texture and flair to your backyard pool area.
Pavers offer a great level of durability and are easy to clean and maintain. If you’d like a more natural look, natural stone countertops like bluestone and limestone typically last for years and provide a timeless, elegant look.
For a more modern look, concrete or exposed aggregate is a great option. Concrete pool decks are a great budget-friendly option and are available in a variety of stylish textured and stamped designs.
Exposed aggregate adds an attractive and seamless look to your pool deck and resists staining and fading.
No matter what pool deck material you choose, be sure to use a good sealer to reduce the chances of fading or staining. Regular cleaning and maintenance will also help to ensure that your pool deck looks amazing and lasts for years to come.
