A whirlpool bathtub, also commonly referred to as a jetted tub or a Jacuzzi tub, can be a great addition to a bathroom. These tubs can help relax sore muscles and joints and can be especially desirable for people who exercise often or those with medical conditions such as arthritis.
However, from an investment perspective, is adding a whirlpool bathtub to a property worth the money? Here's a quick rundown of the cost and who might benefit most from adding a whirlpool bathtub from a dollars-and-cents perspective.
How much does a whirlpool bathtub cost?
A whirlpool or jetted bathtub can vary dramatically in cost. A simpler model can cost as little as $700 or so, not too much more than many standard bathtubs. However, it isn't uncommon for a higher-end model with state-of-the-art features to have a price tag in the five figures. It all depends on what you're looking for.
As an example, the least-expensive jetted tub currently listed on Home Depot's (NYSE: HD) website is selling for just under $800 as of September 2020. However, it doesn't have a ton of features and essentially is designed to be a drop-in replacement for a standard 60-inch bathtub with a few jets incorporated into the design.
On the other end of the spectrum, there are several models listed by ComfortFlo that approach $5,000. These have dozens of jets and are larger and deeper than standard bathtubs.
Keep in mind: We're talking the top end for drop-in models. If you want a custom jetted tub or one designed to be as stylish as possible, that's when it can get really expensive. One example of a Kohler jetted tub currently listed on Wayfair (NYSE: W) offers whole-body immersion, chromatherapy (colored lights incorporated into the tub), and effervescence ports that create tiny bubbles. The price tag? About $12,800.
Not surprisingly, the most popular models are somewhere in between. The three top sellers on Home Depot's site as of September 2020 are priced between $2,200 and $2,400.
Is a whirlpool bathtub a good investment for your property?
A whirlpool tub is more of a luxury item than a functional addition to a home. And like most luxury items, you shouldn't expect it to add too much value to the property, especially if you're thinking of buying a higher-end model.
Having said that, a whirlpool tub could be a smart investment for some types of rental properties, especially when it comes to vacation rentals. A jetted tub could make a beach cottage or mountain home more appealing to vacationers, which could not only give you more pricing power with rent but could help keep the property occupied as well.
The bottom line
If you want to know whether adding a jetted tub to your property could be a smart financial move, a local real estate professional could be a good resource. They should be able to tell you if you're likely to add to your property's appeal and whether this could translate into more money in your pocket in the form of higher rental income.