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If you live in an area where pool enclosures are expected, like in Florida, having one won't necessarily increase your home value. However, it's worth noting that in warm climates, a pool can add $11,600 to $95,000 to a home's value. 

On the other hand, if you're in an area where pool enclosures are not common, having one might set your home apart from the crowd. Depending on the appraiser, you may see an additional $25,000 to $27,000 or more for an enclosed, inground pool when it comes time to sell.

A retaining wall can only function as a fence if it’s high enough on all sides to prevent someone from accidentally falling into the pool. However, most retaining walls retain dirt, which means their purpose is not related to safety. There would need to be nothing on the other side of the wall for it to be considered a fence, but in that case, it wouldn’t retain anything and would cease to be a retaining wall.  

Check with your local laws, which might state that you have to build a fence around your plunge pool. If you have children or pets or live in an area with abundant wildlife, you should consider building a fence around your pool for safety. Pools can present a drowning hazard, and while plunge pools are not very deep, younger children can get hurt if they try to dive into them. A fence can help protect your family and visitors from injury.

Small animals, particularly rats and mice, like to burrow inside pool heaters. To keep them out, seal any entry points with caulk or steel wool. Then, place mothballs inside or around your pool heater. As a final measure of protection, you can cover the pool heater in hardware cloth or wood paneling to further block entry points.