Are Hot Tubs a Good Investment?
Letโs say youโve found yourself with a little extra moneyโmaybe your company gave you a year-end bonus, or maybe your stock portfolio performed above expectationsโand youโre looking for the best and most satisfying way to spend or invest it. You couldย take the entire family on a vacation, or you could buy an RV and travel around the country. Or you could remodel your kitchen, or splurge on new furniture.
Or you could buy a hot tub.
What are you investing in when you buy a hot tub? You may be looking for a complete and luxurious way to unwind and relieve stress after a long day of work. Perhaps you want a therapeutic solution to sore muscles, or a chance to bring your friends and family closer together. Or maybe youโre looking to add an attractive and appealing feature to your vacation home or rental property.
Owning a hot tub comes withย many benefits. Having a hot tub right at home could be the key to unlocking your work-life balance. It could be just the thing toย reignite your romance. It could be the factor that encourages prospective tenants to choose your rental property over another, or convinces prospective home buyers to place an offer. Or it could be a way to get the kids excited about family time again. The question of whether an investment in a hot tub is worthwhile depends on how much you enjoy the personalized benefits of hot tub ownership.
EVALUATING WHETHER HOT TUBS ARE A GOOD INVESTMENT
When you decide to buy a hot tub, your total investment will include the upfront cost of the hot tub, the time and effort required to maintain it, and the ongoing costs to run it. The question of whether the advantages of a hot tub are worth the expenses and responsibilities hinges on the overall quality of the hot tub and the ease of care and maintenance.
Well-made, high-quality hot tubs are designed toย minimize the time and effort spent on cleaning and maintenanceย with easy water quality tests, well-integrated filtration, and self-sustaining sanitation systems. Likewise, while older or cheaply-made, poorly insulated hot tubs demand a great deal of electricity to heat the water and run the jets and pumps, todayโs premium and luxury hot tubs are designed to beย highly energy efficient, resulting in lower energy costs. A reliable hot tub that runs well, requires little ongoing care, and doesnโt spike your electric bill will be a better investment in the long term than a bargain-priced but trouble-plagued model.
INVESTING IN YOUR WELL-BEING AND HOME LIFE
Modern hot tubs are designed to enhance your home environment by complementing its existing aesthetic, running quietly in the background, always ready when you need it. Your hot tub is there toย support an active lifestyleย by easing muscle tension after exercise and warming you up before you work out. Some hot tubs offerย complex massage therapy jet systemsย designed to target all areas of the body while you sit back and relax.
Your hot tub offers a chance for your entire family to get together and reconnect on a regular basis, without the barriers of phones or other devices between you. The hot tub is an experience everyone can look forward to sharing. The same goes for your friends and community: Your house may become a popular gathering spot when you open it up for others to enjoy the benefits of your hot tub. No matter what your personal priorities may be, a high-quality hot tub will be there to support your interests without demanding more than a minimal ongoing investment of time, energy, and money.
INVESTING IN YOUR HOMEโS VALUE
While determining the value of your home is a complex issue with many variables, aย high-quality hot tub that is seamlesslyย integrated into a complete landscape environmentย has theย potential to increase your homeโs value. Even if your hot tub doesnโt affect your homeโs appraised value, it may still appeal to prospective buyers. If youโre considering adding a new hot tub to an existing rental property, a low-maintenance hot tub is very likely to be worth your investment:ย An article on vacation rentals in the Los Angeles Timesย referred to the addition of a hot tub as โthe kind of amenity that pays for itself in no time.โ
THE REAL VALUE OF YOUR HOT TUB INVESTMENT
When you use your hot tub regularly and thoroughly enjoy its intended benefits, itโs worth the investment. Whether youโre investing in your well-being, in your family and community connections, or in your homeโs rental value, always shop for a premium-qualityย hot tub that will have a long lifeย and carry its own weight in the relationship. When youย choose the right hot tub, you wonโt regret the investment. In fact, youโll most likely discover benefits you never even expected.