There is no definitive way to calculate its value ahead of a sale, but a nice spa or hot tub is usually considered a luxury amenity for any home in most areas. Depending on its size, age, features and location, it is possible to recover the cost of buying and installing your hot tub when you sell your home.
Realtors say that homes with hot tubs get more inquiries when they come up for sale; so, here are some of the factors that can add to or detract from the value of a home with a hot tub:
• An in-ground, rather than a “portable” hot tub. A smaller, above-ground or “portable” hot tub is often considered personal property, unless they are built-in to a deck or patio. A well-maintained, in-ground, outside hot tub can, generally, increase the resale value of a home.
• The climate of the region where you live. In colder climates, where a swimming pool is not usually desirable, a hot tub can be a highly valued asset to a home – even if it is located outside. In warmer weather areas, such as the Southeastern U.S., a hot tub may not be as appreciated as farther north.
• A clean, attractive, well-maintained hot tub. Be prepared to show the maintenance records of the hot tub, if asked. Clean or replace an old or missing hot tub cover, and remove any debris from around or near the tub, before potential buyers come through. If you have a wood cabinet then consider putting a new coat of stain on it.
• The landscaping around an outdoor hot tub. If the surroundings of your hot tub are inviting it will present a much more pleasant presentation of your hot tub’s setting.
If you are considering adding a hot tub to your home, and want to get an idea of how it might affect the value of your home, consult with a local Realtor or professional home appraiser. Both will be familiar with the market value of comparable homes in your area, with and without hot tubs. For some homeowners, the possibility of their hot tub adding value to their home is far less important to them than the years of enjoyment and health benefits they receive from it.