Your Wife Is Hot! Buy Her A Home With A Swimming Pool! 🤣

It's summer, the temperatures are in the 90s, don't you think it's time to own a home with a pool?It's summer, the temperatures are in the 90s, don't you think it's time to own a home with a pool?

In Tallahassee today, you can buy a home with a pool at prices from just below $200K to luxury homes that are well more than $2M. Regardless of your budget, owning a home with a swimming pool is very cool right now.

Single-Family Detached Homes With Swimming Pools For Sale

102 Properties
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Like The Weather, Swimming Pools Are HOT

Roughly 12% of the homes for sale in Tallahassee have swimming pools, and they are mighty popular right now. As I write this article, there are 93 single-family detached homes for sale with swimming pools, and 58 of them are already under contract with buyers.

Are Homes With Pools A Good Deal Right Now?

It's funny, but homes with pools (compared to homes with no swimming pools) do not always sell at the same rate. This graph measures the "swimming pool premium," which is the difference in value between homes with pools and homes without pools.

graph measures the

The blue bars measure the average price per square foot of homes with pools while the brown bars measure the same for homes without pools. So how do we use this information?

First of all, the actual value of each has little value, because there are so many other value factors that determine what homes are worth. For example, a home with a pool in a subdivision probably won't do as well as a home without a pool on a hundred acres, right?

We use the change in the relative values above to get an idea of whether or not buyers are currently favoring homes with swimming pools. Thus far in 2021, they do not appear to be doing so, as pool homes are selling for about the same value as are homes with no pools. This means that pool homes are a value buy today, though not as strongly as in some years where they actually sold (relatively speaking) for less.

Current Value Of Homes With Swimming Pools

The overall housing market is hot, and this definitely includes homes with swimming pools. The graph below measures the average price per square foot of existing homes with swimming pools.

Existing home values with swimming pools

Homes with swimming pools are already selling for 6% more in 2021 than they did in 2020, and we're just five months of the way through the year. You can feel confident that when you buy a home with a pool, you'll be gaining equity in no time!

If you are interested in getting more information on homes with pools in Tallahassee, just give us a call and we'll be happy to move you to a cooler home!

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When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

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