Like many other improvements you may be considering making to your home, a hot tub or spa is an investment. Not only are you spending a significant sum on it now, you’re also hoping it will provide a good return and improve your property value in the long run on top of any practical benefits you get.
At Dolphin Pools & Spas, we’re happy to offer a wide range of spa options, including serving as a licensed Bullfrog Spa dealer and offering their products – some of the best in the industry – to all our clients. How do hot tubs generally perform from an investment standpoint, and what are some of the top variables you should be considering when it comes to maximizing return on investment (ROI) for your new hot tub? This two-part blog series will cover all the important areas to be aware of here.
Home Improvements and ROI
The term we used above, ROI, holds major prominence in the home improvement and several other fields. In basic terms, it refers to the long-term value you get out of a given purchase – how well does the purchase hold its value, particularly in the context of how it impacts the combined value of the overall property?
From a general perspective, there are a number of home improvements that tend to show strong ROI for those who employ them. Deck, patio or porch additions are among the top broad ROI items, and these include additions like hot tubs and spas.
However, as we’ll detail moving forward in this series, ROI isn’t solely determined by the type of improvement you’re making. Rather, its final number will often hinge on specific care areas and other themes, including those you can have a significant impact on. We’ll discuss those for the remainder of our series.
Efficiency Factors
Perhaps the single largest such variable that will determine whether your hot tub is a high-ROI improvement or falls short of this designation: The efficiency. This begins with the model you choose and the pros who install it – our Bullfrog spa materials are the best in the business, and we only employ experienced, high-quality installers for all our projects.
In addition, however, future care and maintenance – areas you play a big role in as the hot tub owner – are also very important for long-term ROI. The proper basic upkeep will keep your spa efficient and working well for years, while skipping out on certain areas here will cause it to fail and require repairs far earlier. From daily care areas to seasonal themes like winterization and coverage, ensure you’re taking the right care of your spa in coordination with our team.
For more on what determines the ROI of a hot tub investment, or to learn about any of our custom pools, spas or other services, speak to the staff at Dolphin Pools & Spas today.