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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.

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.

Evaporation causes up to 70% of outdoor pools’ energy losses, according to the U.S. Department of Energy. While you can’t completely prevent evaporation, different types of pool covers can help a lot. Pool enclosures, however, don’t do much to stop evaporation—and the cost to build a pool enclosure likely won’t tempt you to try.

Each state has its own regulations about pool fences, and laws to protect both swimmers and pool owners. Before installing a pool, you’ll need to research what the pool laws in your state, city, and county are to ensure that you’re adhering to the legal regulations. Inground pools typically need to have a fence around the entirety of them, but the rules regarding above-ground pools are less stringent. A good rule of thumb is to always have a fence around your pool to ensure safety for all.