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Homes With Pools Are A Market Of Their Own

Swimming Pool Homes In Tallahassee ImageDid you ever wonder how many homes in Tallahassee have swimming pools? For some reason this thought hit me at 5:15 a.m. this morning, and I became curious about their impact on the Tallahassee housing market. I did find some interesting (after a cup of coffee) information and created a few real estate graphs to show what's going on with homes with pools in Tallahassee.

First of all, I created a great resource page for pool homes in Tallahassee. If you want to know anything about the homes currently listed for sale that have pools, just go to the Tallahassee Pool Homes page and you can search an "always current" list of homes for sales that have swimming pools. I broke even created a few custom searches so that you can target your search.

Links To Different Swimming Pool Homes In Tallahassee

By Price Range By Zip Code
Pool Homes - <$100K Pool Homes - 32301
Pool Homes - $100K - $149K Pool Homes - 32303
Pool Homes - $150K - $199K Pool Homes - 32304
Pool Homes - $200K - $249K Pool Homes - 32305
Pool Homes - $250K - $299K Pool Homes - 32308
Pool Homes - $300K - $349K Pool Homes - 32309
Pool Homes - $350K - $399K Pool Homes - 32310
Pool Homes - $400K - $499K Pool Homes - 32311
Pool Homes - $500K - $599K Pool Homes - 32312
Pool Homes - >$600K Pool Homes - 32317

Tallahassee Pool Home Sales Report

Currently, there are 2,565 homes for sale in Tallahassee, and 397 of these (15.5%) have pools. The following graph shows homes for sale by price range, and divides them based upon whether or not they have a pool.

Homes For Sale With Pools In Tallahassee

The higher end of the price ranges not surprisingly have more pools than do the lower ends.

But the real question I wanted to answer was how do pools affect the value of a home? Do they add as much value as their cost? Could they possibly reduce the value of a home? How does one go about finding these answers ...

Pool Home Values In Tallahassee

I downloaded all of the home sales in the Tallahassee MLS from May of 2010 through April of 2011, and then removed the duplicates and then sorted them by size. The following real estate graph shows a surprising result in one of the size ranges.

The Value Of Homes With Pools

This report shows that homes under 1,000 square feet (this includes condominiums with association pools) see an increase in value of just under $13K for homes with pools versus those without. The number is similar for homes between 2,000 and 3,000 square feet. But then things get crazy.

Homes between 1,000 square feet and 2,000 square feet show homes selling with pools for about $15K less than homes that do not have pools. Huh? And then homes greater than 3,000 square feet see a positive differential of roughly $70K. This feedback is somewhat startling, so I will find some time in the future to further explore the real value a pool adds (or reduces) to the value of a home.

Recent Pool Home Sales In Tallahassee

Tallahassee Subdivision Address Price Price/SQF Closing Date
Golden Eagle Plantation 8986 Winged Foot Drive $647,500 $133.51 4/29/2011
Betton Hills 2506 Marston Road $257,500 $133.56 4/29/2011
Mission Overlook Condominiums 2172 Del Carmel Way $108,000 $79.41 4/29/2011
Renegade Condominimums 403 Hayden Road, Unit 115 $55,400 $104.33 4/29/2011
Adams Place Condos 3000S Adams Place $55,000 $43.51 4/29/2011
None 1975 Shadyside Circle $49,900 $30.28 4/29/2011
Renegade Condominiums 403 Hayden Road $44,900 $84.56 4/29/2011
Summerbrooke 7130 Nesters Drive $289,000 $95.47 4/27/2011
Autumn Estates 5688 Rustic Drive $38,250 $34.00 4/27/2011
Carolina Terrace 812-8 W Carolina Street $110,000 $111.34 4/25/2011
Centerville Townhouses 1625 Centerville $100,000 $77.40 4/22/2011
Chemonie Crossing 7241 Old Chemonie Court $356,000 $135.31 4/21/2011
Southwood 3075 Bent Grass Lane $230,000 $103.98 4/21/2011
Reece Park 1606 E Park Avenue $186,000 $82.67 4/20/2011
Summerchase 4434-2902 Gearhart Road $80,500 $59.90 4/20/2011
Edinburgh Estates 4379 Woodbridge Road $154,000 $79.06 4/19/2011
Middlewood Unrec 2020 Middlewood Drive $520,000 $132.72 4/15/2011
Golden Eagle 9149 SHOAL CREEK DRIVE $354,900 $121.04 4/15/2011
Residences At Whispering Pines 2731-85S Blairstone Road $29,000 $28.13 4/15/2011
Kenilwood 2949 Shamrock N $70,000 $44.61 4/14/2011
Dyrehaven Unrecorded 2047 DYREHAVEN COURT $210,000 $106.60 4/13/2011
Chemonie Crossing Unit Ii 7500 CreekRidge Circle $486,000 $67.26 4/11/2011
Killearn Commons 8127 Charrington Forest Blvd. $155,000 $104.10 4/11/2011
Brighton Place 1575 Paul Russell Road $90,000 $52.79 4/11/2011
Settlers Creek 3983 Pinta Court $148,000 $91.19 4/1/2011
Betton Hills 1St Addition 2001 Trescott Drive $495,000 $134.07 3/31/2011
- 3400 Deer Lane Rd. $364,000 $129.17 3/31/2011
Killearn Acres 3237 Majestic Prince Trail $167,000 $95.54 3/31/2011
Arbor Hills 3309 Woody Way $150,000 $105.04 3/31/2011
Killearn Estates 4045 Devlin Court $408,500 $131.35 3/30/2011
Oakfair Plantation 2638 Streetfair Lane $342,000 $118.75 3/30/2011
Midyette Plantation 5108 CENTENNIAL OAK Circle $325,000 $102.82 3/30/2011
Emerald Acres 8752 OPAL Drive $225,000 $111.11 3/30/2011
Killearn Estates 4052 Roscrea Drive $155,000 $67.13 3/29/2011
Terrence Heights 2501 Tupelo Terrace $112,000 $89.74 3/29/2011
White Acres Addition 2321 Amelia Circle $50,700 $42.71 3/28/2011
Bull Run 5636 Burnside Circle $275,000 $121.84 3/25/2011
Meridian Hills 230 Meridian Hills Road $170,000 $107.59 3/25/2011
Barrington Park 2801 CHANCELLORSVILLE DR $74,900 $67.36 3/24/2011
Killearn Estates 2950 Giverny Circle $264,000 $110.05 3/18/2011
Holly Hills 2109 Ridgetop Drive $185,000 $110.65 3/18/2011
Brighton Place 1575 Paul Russell Building #4004 $100,000 $58.65 3/18/2011
Killearn Acres 6719 Johnstown Loop $136,000 $95.17 3/17/2011
Piney Z 1184 Landings Loop $180,000 $121.95 3/16/2011
Heartwood Hills 10525 S Valentine Road $265,000 $121.56 3/15/2011
Lakeshore 3002 Southshore Circle $220,000 $81.54 3/15/2011
Between Carriage And Penny Ln. 3010 Thomasville Road $950,000 $177.57 3/10/2011
None 6650 WILD FERN LN $330,000 $107.42 3/8/2011
Ox Bottom Manor 6266 Hines Hill Circle $240,500 $113.28 3/8/2011
Bradford Manor 2223 Belle Vue Way $86,000 $48.40 3/3/2011
Chemonie Crossing 9070 Old Chemonie Road $315,000 $134.67 3/2/2011
Missionwood 1102 Missionwood Lane $159,000 $86.70 3/2/2011
Palms West Condominium 2325 W Pensacola Street $35,500 $31.92 3/1/2011
Lenox Mill 3461 LENOX MILL RD $225,000 $94.06 2/28/2011
Barrington Park 2801 Chancellorsville Drive $162,400 $106.01 2/28/2011
Carolina Terrace(Walk To Fsu!) 820-4 W CAROLINA $107,000 $108.30 2/28/2011
Westwood Condominium 513 WESTWOOD $35,000 $28.69 2/28/2011
Bobbin Trace 1232 Stonehurst Way $675,000 $158.97 2/25/2011
Foxcroft 3104 DOWLING DR $212,000 $109.50 2/25/2011
Sawgrass Plantation 2894 Manila Palm Court $158,000 $110.88 2/25/2011
Sawgrass Plantation 2778 Saw Palmetto Lane $117,500 $82.46 2/24/2011
Barrington Park 2801 chancellorsville dr $104,900 $68.79 2/24/2011
The Timbers Phase 5 2191 Timberwood Circle $86,000 $67.19 2/22/2011
Residences At Whispering Pines 2731 Blairstone Road $16,000 $12.69 2/22/2011
Killearn Estates 3888 Paddrick Drive $192,500 $117.74 2/18/2011
Chemonie Trace 12600 LAUREL HILL DR $615,000 $179.61 2/16/2011
Barrington Park Condo 2801 ChancellorsvilleDR $104,000 $68.20 2/16/2011
Southwood 3158 Buckhead Trace $255,000 $107.69 2/15/2011
Barrington Park 2801 ChancellorsvilleDR $139,900 $84.28 2/15/2011
Ravines 2467 Viceroy Court $309,900 $154.26 2/14/2011
Allen Prop Unrec 3673 Flat Road $305,000 $104.92 2/14/2011
Indian Village 1320 Warrior Way $101,400 $102.22 2/14/2011
Killearn Estates 4028 Roscrea Drive $160,150 $77.97 2/11/2011
Hilltop Unrecorded 3112 OSCAR HARVEY Road $99,000 $79.20 2/10/2011
Hidden Acres Unrec 11055 Brigade Drive $169,900 $64.55 2/8/2011
Southwood 4067 Colleton Court $148,000 $84.86 2/7/2011
Shannon Forest 2345 Hampshire Way $162,000 $76.34 2/4/2011
Savannah Crossing 2738-402 W. Tharpe Street $110,000 $90.98 2/4/2011
Moore Pond 6288 Heartland Circle $650,000 $157.84 1/31/2011
Barrington Park Conominiums 2801 Chancellorsville DR $109,000 $78.42 1/31/2011
Ox Bottom Manor 6332 Glasgow Dr $315,000 $114.55 1/28/2011
Turkey Run 331 St. Angelo Road $189,000 $78.36 1/28/2011
Golden Eagle 2286 Cobb Drive $386,000 $122.31 1/27/2011
Vieux Carre 1440 Vieux Carre Drive $370,000 $172.09 1/27/2011
Villas 149-C Villas Court, SE $103,000 $83.47 1/26/2011
Villas Unit 2 195 NE Villas Court $150,000 $102.74 1/25/2011
Metes And Bounds 2466 Thornton Road $200,000 $80.42 1/14/2011
Charleston Square 2446 Nugget Lane $67,000 $60.14 1/14/2011
Killearn Estates 3029 OBrien Drive $323,500 $123.80 1/13/2011
Summerbrooke 8143 BLOYS CT $335,000 $130.55 1/12/2011
Chemonie Crossing 8037 Archer Circle $310,000 $101.77 1/11/2011
Summerbrooke 1152 GREENSWARD CT $350,000 $133.49 1/6/2011
Pineridge Estates 1501 Westheaven Drive $44,400 $33.64 1/5/2011
Residences At Whispering Pines 2731 Blairstone Road Unit 55 $17,900 $17.50 1/5/2011
Barrington Park Condominiums 2801 1413 Chancellorsville Drive $79,900 $82.71 1/4/2011
Buckhead 2728W Hannon Hill Drive $350,000 $129.63 1/3/2011

Discussion

#1 By Margaret Poole at 7/11/2017 3:46 AM

Pools tend to be built on lots that have more land which might also affect the price of the home.

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917