It’s early January, the weather is cold and leaves are still falling, so you might not be thinking about buying a home with a pool right now.
If you want to beat the rush on pool homes that the Summer heat will generate, you’ll be glad you did because you will save a ton of money.
Take a look at today’s report and video to learn more about how pool homes are valued and what is going on in this segment of the Tallahassee real estate market. First, start with a look at the pool homes for sale right now.
Homes For Sale With Swimming Pools
Single Family Detached Homes With Pools For Sale
What Is A Swimming Pool Worth
Whenever we help sellers or buyers of homes with pools, one question that often arises is “what is the pool worth?” I have answered that in this video.
What Are Pool Home Values Doing Right Now?
Home values surged higher by more than 8% in 2020, and with the inventory of homes for sale falling to a new all-time low, I’m expecting values to rise at double-digit rates this year.
You can expect pool homes to cost at least a percent more each month that you wait, meaning a $400K pool home today is likely to be $412K in just three or four months!
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Supply Of Homes With Pools Is LOW (And Falling)
As I write this post, there are just 77 existing single-family detached homes with swimming pools for sale in Tallahassee. More than one-half of these homes with pools are already under contract with buyers, leaving just 36 homes with pools available right now.
The price of these homes ranges widely. From just $90K on the west side of town to nearly $3M in Northeast Tallahassee, buyers in nearly all price ranges can afford a home with a pool.
Currently, the median asking price for homes with pools is $410K, while the average asking price is much higher at $672K.
If you are interested in owning a home with a pool, give us a call and let us help you save money by beating the rush of people who will be thinking about swimming pools as the months get warmer.
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