Hot tubs provide tremendous physical and emotional benefits to people, but do hot tubs add value when you are trying to sell your home in Winnipeg? Often the answer is yes, however it depends on several factors:
Curb Appeal & Lifestyle Value
A clean, modern hot tub in a landscaped yard or a in a home gym creates a strong first impression. It suggests a lifestyle of comfort and luxury which can be great for enticing prospective buyers as they imagine themselves relaxing and destressing in their own personal oasis.
ROI Depends on Presentation
An obvious factor is the shape the hot tub is in. A poorly maintained or outdated unit can actually hurt value and buyer interest. However a properly installed, energy-efficient tub – especially one integrated with a deck or gazebo – can be a serious selling feature.
An obvious factor is the shape the hot tub is in. A poorly maintained or outdated unit can actually hurt value and buyer interest. However a properly installed, energy-efficient tub – especially one integrated with a deck or gazebo – can be a serious selling feature.
Market Trends in Winnipeg
Post-pandemic, buyers are increasingly looking for wellness features like hot tubs, home gyms, and saunas. In colder climates like Winnipeg, a hot tub is seen as a year-round asset. And let’s not forget that Winnipeg has very hot Summers too. Lots of homeowners will cool the water and use their hot tubs for a refreshing soak to beat the heat.
Post-pandemic, buyers are increasingly looking for wellness features like hot tubs, home gyms, and saunas. In colder climates like Winnipeg, a hot tub is seen as a year-round asset. And let’s not forget that Winnipeg has very hot Summers too. Lots of homeowners will cool the water and use their hot tubs for a refreshing soak to beat the heat.
Energy Efficiency Matters
Like a swimming pool, a hot tub can be looked at as a cost in the eyes of a buyer. Modern, insulated tubs with energy-efficient pumps are more appealing to buyers conscious of these utility costs. Any data that can be provided to ease this concern can be helpful to overcome this potential obstacle.
Like a swimming pool, a hot tub can be looked at as a cost in the eyes of a buyer. Modern, insulated tubs with energy-efficient pumps are more appealing to buyers conscious of these utility costs. Any data that can be provided to ease this concern can be helpful to overcome this potential obstacle.
Appraisal Tip
Real estate appraisers often will not assign a specific dollar value to a hot tub, but real estate agents say hot tubs can help a home sell faster and closer to asking price.
Real estate appraisers often will not assign a specific dollar value to a hot tub, but real estate agents say hot tubs can help a home sell faster and closer to asking price.
Some people are hot tub people and some are not. For those that are, this will of course add value – maybe not in the final asking price, but intrinsically to those that are used to having a hot tub or who’ve always dreamed of owing one. When selling your Winnipeg home, highlight your hot tub in the listing photos and description—it could be the feature that seals the deal.