Tampa summers are HOT and HUMID and enjoying a refreshing drink, while relaxing by the pool, in your backyard, is a great way to cool off after a long, hot day! I always counsel buyers to choose a “pool home” over a “non-pool home”, for resale value!
Recent sales in the Tampa Real Estate Market show the “value” of a “pool” increases with the value of the home. You can see the percentage of homes sold in 2008, with, and without pools in various price ranges.
Price range Homes Sold Percentage of “Pool Homes”
$350–500K 3351 63%
$501–750K 1543 72%
Over 750K 1212 82%
You can see, as the price for a Single Family Home in the Tampa Real Estate Market climbs, so does the desire for a pool! Given a choice between two homes...choose the one with the pool!
Isn’t this a FABULOUS pool? The asking price for this home in an exclusive, gated
subdivision in Tampa? Over 20 Million!
For information on Luxury Homes in Tampa, or pool homes in any Tampa neighborhood, contact me today!
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Listing Photo courtesy of MLS idx
That would be true in my market too - the more upscale the home (and the more land), the more the buyer expects to have a pool. In small, tract homes with dinky yards, though, the pool would actually hurt value, usually because it takes up the entire yard.
Nice breakdown by price point!