Values Rise Faster For Tallahassee House With A Pool
I have always loved owning a house with a pool, it just seems to be the crowning jewel for a family home.
There's something to be said about coming home on a hot steamy day and jumping in the pool for a chance to cool off.
I know that it is a bias that I have that is not shared by all others, but there is evidence that owning a Tallahassee house with a pool is a smart investment as well.
Stronger Value Owning A House With A Pool
Our most current data shows that the typical house with a pool in Tallahassee is selling for $255,000, while the typical house without a pool is selling for less than $171,000.
The graph below shows that the average pool house has recovered to value that is 18% below values reached at the peak of the Tallahassee real estate market, while homes without a pool are still down 28% since that same time.
Finding A Tallahassee House With A Pool
Currently, one in seven homes that have sold and closed in the Tallahassee MLS this year had a pool, and the demand for pool homes continues.
We have created a special property search tool at the Tallahassee Real Estate Website for people who want to contain their property searches to ensure their results contain a house with a pool.
For example, you can click a link below to find:
- 25 homes for sale with a pool priced between $200,000 and $250,000
- 25 homes for sale with a pool priced between $250,000 and $300,000
- 23 homes for sale with a pool priced between $300,000 and $500,000
- 17 homes for sale with a pool priced between $500,000 and $600,000
- 43 homes for sale with a pool priced over $600,000
So these are the homes that pool lovers will be checking out, because it is far cheaper to buy one of these than to buy a home without a pool and then add a new swimming pool.
Today's cost of new construction has not dropped with the market, so if possible, buy an existing home to optimize your purchasing power. This is as true for swimming pools as it is for any other major and minor feature of a home.
If you want to know more about buying or selling a house with a pool for top of market results, just drop me a note and we can schedule a time to review your specific situation and needs.