If you’re a water lover, living in a pool home in sunny Florida seems like a dream come true. But is it really a feasible option for you? In this post, we’ll dive into the possibilities of owning a pool home in Florida, including factors to consider and potential benefits and drawbacks. So put on your sunglasses and get ready to explore the exciting world of Florida pool homes! 🏊♀️🌴
Are Florida Pool Homes a Dream or Reality? Exploring the Possibilities 🌴🏊♀️
Introduction
Florida is a popular destination for people seeking sun, sand, and relaxation. With temperatures that can climb into the high 90s during the summer months, it’s no wonder that having a pool in your backyard is a common request for homebuyers in the Tampa Bay area. But is owning a pool really a dream come true, or is it a reality that doesn’t live up to the hype?
Private Pools and Their Popularity
Only 35% of the homes in Pinellas County and 19% of the homes in Pasco County have private pools. Homes with private pools tend to have more square footage, upgrades, and a bigger lot and are usually more expensive. Private pools are more common in homes built before and during the 90s and early 2000s in suburban communities like Westchase.
- Private Pools are a Rarity: In the Tampa Bay area, homes with private pools are not as common as some people might think.
- What Homes With Pools Typically Offer: Most homes with private pools offer more square footage, upgrades, a larger lot, and a higher price point than those without.
- Age and Location: Many of the homes with private pools in the Tampa Bay area were built before and during the 1990s and early 2000s in suburban communities like Westchase.
The Cost of Having a Private Pool
Homes with private pools have a median sold price of around $575,000 compared to homes with no pool at $385,000. Appraisers often give a lower value to private pools, which may cause a gap in the appraised value and the purchase price.
- Price Point: Homes with private pools are more expensive than those without, with a median price of $575K compared to $385K for homes without pools.
- Appraised Values: Appraisers may give a lower value to homes with private pools, creating a gap between the appraised and purchase price.
Community Pools as an Option
Living in a community with a pool is a good option as buyers have access to a fancy pool that they do not have to clean or maintain.
- An Alternative Option: Community pools may be a good option for those looking for a fancy pool without the added upkeep responsibilities.
Building a Pool at Home
When considering building a pool, find a reputable pool builder, but don’t expect a full return on investment as building pools is expensive.
- Building a Pool from Scratch: Building a pool can be a costly endeavor. Homeowners should find a reputable pool builder and not expect a full return on investment.
Melanie Atkinson – REALTOR®
Melanie Atkinson is a Tampa Bay area REALTOR® with Smith & Associates who helps clients buy and sell real estate. Melanie’s website and social media platforms are for informational and entertainment purposes only, and all information provided is subject to change.
Conclusion
Owning a home with a private pool in the Tampa Bay area may be a dream come true for some, but it also comes with its own set of challenges and expenses. Community pools may be a more cost-effective option for those who want access to a pool without the added responsibilities of maintenance and upkeep. Whatever option you choose, it’s essential to work with trusted professionals and evaluate all the expenses before making a decision.
FAQs
- How common are private pools in the Tampa Bay area?
- Only 35% of the homes in Pinellas County and 19% of the homes in Pasco County have private pools.
- Are homes with private pools more expensive?
- Yes, homes with private pools tend to be more expensive, with a median sold price of around $575,000 compared to homes without pools at $385,000.
- Do appraisers give lower values to homes with private pools?
- Yes, appraisers may give lower values to homes with private pools, creating a gap between the appraised and purchase price.
- Are community pools a good alternative to private pools?
- Yes, living in a community with a pool may be a good option for those looking for a fancy pool without the added responsibilities of maintenance and upkeep.
- Is building a pool expensive?
- Yes, building a pool can be costly, and homeowners should not expect a full return on investment. It’s essential to work with a reputable pool builder and evaluate all expenses before making a decision.
