Homes with Pools: Diving into the Pros and Cons

Dated: 07/27/2018

Views: 134

It’s HOT, HOT, HOT right now.  With temperatures in the triple digits, the idea of jumping into a pool sounds absolutely glorious.  But, does having a pool make your home more desirable to buyers?  If you install a pool, will you recoup your investment?  Does being able to make a splash really result in extra cash? 
In 2017, homes in the greater Austin area with a pool had a median sales price of just under $550K.  In comparison, homes without a pool had a median sales price of just under $300K.  Looking at these stats, it’s easy to come to the conclusion that homes with a pool sell for more money than those without.  In the luxury market, this is especially true.  2017 home sales in the 78746 zip code, which covers the greater Westlake area, showed that homes with a pool sold for almost half a million more than those without a pool.  When you look at more moderately priced neighborhoods, the economic value of a pool is less extreme.  In the south Austin zip code of 78745, homes without a pool had a median sales price of $300K in 2017.  Those properties that allow owners to cannonball at their leisure show a median sales price of $350K.
​Slightly less than 10% of homes sold in 2017 had a pool, and it doesn’t seem like people have been adding pools to their homes either.  This percentage has remained relatively constant over the past ten years.  Maybe, this is because a basic pool will start at around 25K.  Start adding decking, waterfalls, and a hot tub and that number can easily reach 60K. 
In reality, deciding to install a pool is a complex decision.  First of all, you need to consider how long you will stay in your home.  In order to break even on a pool investment, you will likely need to live in your home for at least 10 years.  However, you also want to consider the lifestyle implications.  Is having a place to relax after a long day in 103 degree weather important to you?  Are pool parties with all of your family and friends going to add value to your life.  Will being able to go for a quick swim save your sanity?  
​Lastly, you want to consider the characteristics of your property.  Is your home located in an affluent neighborhood where pools are considered the norm?  If so, you will most likely recoup your investment more quickly.  Is your lot large enough for a pool?  Does the general topography lend way to a perfect place for a pool.
All in all, having a pool this time of year is awesome.  But, deciding if your home should have a pool or if you should just crash the neighbors is a personal decision.  Dip your toes in the water before you plunge. 
If you’re just sick of the heat and ready for a home with a pool, take a look at these Austin area home with pools.  
This post originally appeared on
Blog author image

Erika Albert

Erika Rae Albert is an Austin native who has built her business around one guiding principle, YOU always come first. Prior to joining the real estate industry, she honed her her customer service s....

Latest Blog Posts

READ ALL ABOUT IT - 5 Reasons to Sell This Winter!

Here are five reasons listing your home for sale this winter makes sense.1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows

Read More

So Long Silicon Valley, Hello Heartland: Top 10 Markets and Neighborhoods to Watch in 2019 according to Trulia

By Cheryl Young | Nov 29, 2018 12:01AMThe hot markets that drove U.S. housing in recent years (we’re looking at you, coastal tech hubs) will give way in 2019 to a new group of

Read More

It's getting harder now for 1st-Time Buyers and Relocating works to buy a starter Home in Austin, TX

Now a #5 on the Hot Housing Market 2019 List by Tulia, in Austin, Tx it keeps getting harder to buy a starter home.Austin among top housing markets to watch in 2019, according to TruliaIt's getting

Read More

Peekaboo Deer

In this picture, you can see the deer's curiosity, yet they are patient and calm with humans as we wander nearby on a daily walk, and even as we drive around town.  It's not unusual to see them

Read More