Is your heart set on a backyard pool where friends and family drift around in floating chairs while soaking up the sun? Before you dive in, consider the costs versus the long-term value of such a major investment.Depending on size, design and location, the average price of an in-ground pool can range from $35,000 to $65,000. Most insurance companies and/or local municipal codes require a specific type of fence, so be sure this cost is included in your budget. Aside from their upfront investment, pool owners may spend up to $4,000 per year on water, heating, chemicals, and maintenance. Consider these additional variables as you weigh the pros and cons of building a pool. Value The addition of an in-ground pool may or may not increase the property value of a home. According to the National Association of Realtors®, the average homeowner will see about a 56% return on investment (ROI) at resale. Region ROI is far better in climates where you can use a pool year-round. If you live in a community where a pool is an expected amenity, you may recover more of the initial expense. But it’s important to remember some buyers consider a pool a liability. Setting Pools that don’t monopolize an entire backyard are more desirable to potential buyers, so try not to sacrifice too much of your green space. Pay close attention to local codes and restrictions, as many communities have specific guidelines for a pool’s location in relation to property lines. If you decide that the lifestyle benefits of a backyard pool outweigh the financial impact, jump in — the water’s fine!