{"id":65228,"date":"2019-03-11T18:00:00","date_gmt":"2019-03-12T01:00:00","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=65228"},"modified":"2020-10-06T17:08:01","modified_gmt":"2020-10-07T00:08:01","slug":"does-a-pool-add-value-to-home","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/does-a-pool-add-value-to-home\/","title":{"rendered":"A Swimming Pool Adds Nearly $100,000 to a Typical Los Angeles Home's Value"},"content":{"rendered":"

Pools are worth the most in Los Angeles. See where else pools add a big premium. <\/span><\/i>
\nHow much is a pool worth? The answer depends on where you live. <\/span>
\nIn Los Angeles<\/a>, homes with pools sell for an estimated $95,393 more than comparable homes without them, making it the metro where pools are most valuable. Austin<\/a> and Orange County<\/a> are next on the list, with a pool adding more than $50,000 to the value of a typical-sized home in those metros.\u00a0\u00a0<\/span>
\nFor this analysis, we calculated the value of a private pool as a premium to a home\u2019s per-square-foot sale price. For instance, a home with a pool in the Houston<\/a> metro area can be expected to sell for $16.42 more per square foot than a home without a pool. The ranking is limited to metro areas with at least 5,000 homes sold in 2018 where at least 2 percent of homes sold had pools, and where the results were statistically significant.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\nValue of a Pool, Ranked by Average Premium per Square Foot <\/b><\/td>\n<\/tr>\n
Rank<\/b><\/td>\nMetro area<\/b><\/td>\nAverage pool premium per square foot<\/b><\/td>\n<\/td>\nValue pool adds to a typical home \u00a0<\/b><\/td>\nPercentage of homes sold in 2018 that have a pool <\/b><\/td>\n<\/tr>\n
1<\/span><\/td>\nLos Angeles, CA<\/span><\/a><\/td>\n$56.45<\/span><\/td>\n<\/td>\n$95,392.96 <\/span>
\n <\/td>\n		23%<\/span><\/td>\n<\/tr>\n
2<\/span><\/td>\nAustin, TX<\/span><\/a><\/td>\n$28.67<\/span><\/td>\n<\/td>\n$52,228.18 <\/span><\/td>\n4.7%<\/span><\/td>\n<\/tr>\n
3<\/span><\/td>\nOrange County, CA<\/span><\/a><\/td>\n$26.47<\/span><\/td>\n<\/td>\n$55,885.37 <\/span>
\n <\/td>\n		18.3%<\/span><\/td>\n<\/tr>\n
4<\/span><\/td>\nRiverside, CA<\/span><\/a><\/td>\n$24.74<\/span><\/td>\n<\/td>\n$44,750.31 <\/span>
\n <\/td>\n		21%<\/span><\/td>\n<\/tr>\n
5<\/span><\/td>\nFort Lauderdale, FL<\/span><\/a><\/td>\n$19.57<\/span><\/td>\n<\/td>\n$36,964.24 <\/span>
\n <\/td>\n		45.6%<\/span><\/td>\n<\/tr>\n
6<\/span><\/td>\nOakland, CA<\/span><\/a><\/td>\n$18.35<\/span><\/td>\n<\/td>\n$29,487.12 <\/span>
\n <\/td>\n		8.7%<\/span><\/td>\n<\/tr>\n
7<\/span><\/td>\nCharlotte, NC<\/span><\/a><\/td>\n$17.33<\/span><\/td>\n<\/td>\n$34,917.17 <\/span>
\n <\/td>\n		2.2%<\/span><\/td>\n<\/tr>\n
8<\/span><\/td>\nTampa, FL<\/span><\/a><\/td>\n$17.21<\/span><\/td>\n<\/td>\n$29,611.08 <\/span>
\n <\/td>\n		29.6%<\/span><\/td>\n<\/tr>\n
9<\/span><\/td>\nHouston, TX<\/span><\/a><\/td>\n$16.42<\/span><\/td>\n<\/td>\n$35,736.25 <\/span>
\n <\/td>\n		16.6%<\/span><\/td>\n<\/tr>\n
10<\/span><\/td>\nTucson, AZ<\/span><\/a><\/td>\n$15.56<\/span><\/td>\n<\/td>\n$27,285.26 <\/span>
\n <\/td>\n		2.6%<\/span><\/td>\n<\/tr>\n
11<\/span><\/td>\nLas Vegas, NV<\/span><\/a><\/td>\n$15.47<\/span><\/td>\n<\/td>\n$30,169.53 <\/span>
\n <\/td>\n		25.3%<\/span><\/td>\n<\/tr>\n
12<\/span><\/td>\nCape Coral, FL<\/span><\/a><\/td>\n$15.02<\/span><\/td>\n<\/td>\n$26,115.47 <\/span>
\n <\/td>\n		6.7%<\/span><\/td>\n<\/tr>\n
13<\/span><\/td>\nSacramento, CA<\/span><\/a><\/td>\n$12.70<\/span><\/td>\n<\/td>\n$20,615.83 <\/span>
\n <\/td>\n		22.1%<\/span><\/td>\n<\/tr>\n
14<\/span><\/td>\nHampton Roads, VA<\/span><\/a><\/td>\n$12.28<\/span><\/td>\n<\/td>\n$23,570.55 <\/span>
\n <\/td>\n		8%<\/span><\/td>\n<\/tr>\n
15<\/span><\/td>\nAtlanta, GA<\/span><\/a><\/td>\n$11.95<\/span><\/td>\n<\/td>\n$26,482.52 <\/span>
\n <\/td>\n		3.6%<\/span><\/td>\n<\/tr>\n
16<\/span><\/td>\nOrlando, FL<\/span><\/a><\/td>\n$11.29<\/span><\/td>\n<\/td>\n$21,300.36 <\/span>
\n <\/td>\n		18.7%<\/span><\/td>\n<\/tr>\n
17<\/span><\/td>\nSan Diego, CA<\/span><\/a><\/td>\n$11.19<\/span><\/td>\n<\/td>\n$20,001.29 <\/span>
\n <\/td>\n		15.3%<\/span><\/td>\n<\/tr>\n
18<\/span><\/td>\nSan Antonio, TX<\/span><\/a><\/td>\n$10.04<\/span><\/td>\n<\/td>\n$18,540.88 <\/span>
\n <\/td>\n		11.6%<\/span><\/td>\n<\/tr>\n
19<\/span><\/td>\nPhoenix, AZ<\/span><\/a><\/td>\n$5.87<\/span><\/td>\n<\/td>\n$11,590.71 <\/span>
\n <\/td>\n		32.1%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If you’re wondering about the value of a specific pool or the typical value of a pool in your area as it relates to a home with specific features, contact a real estate agent<\/a> or an appraiser.
\n\u201cA pool definitely adds value for Los Angeles homebuyers, especially in the Valley because it\u2019s hot outside most of the time,\u201d said Redfin agent Lindsay Katz<\/a>. \u201cPeople use their pools all year round; we have pool parties in the summer and go swimming on Christmas day. It\u2019s ingrained in our culture.\u201d<\/span>
\n\u201cIn some parts of Los Angeles, particularly in the San Fernando Valley, it\u2019s almost a given that a house will have a pool and the lack of a pool can make it harder to sell,\u201d Katz continued. \u201cNearly half of my listings have pools, and when they don\u2019t, potential buyers are constantly asking whether they can add a pool to the property. It\u2019s important to people.\u201d <\/span>
\nIn Phoenix<\/a>, the story is a bit different. A pool adds $11,591 to the value of the typical home in the metro area, the lowest on the list of places where a pool provides a premium. Redfin agent Katie Shook<\/a> said there are some parts of the Phoenix area where a pool is highly valuable\u2014but in other places, it could detract from the value of a home. <\/span>
\n\u201cIn affordable parts of the Phoenix area like South Glendale and Tolleson, homebuyers don\u2019t want to pay to maintain a pool. I often find that in homes that sell for less than $200,000, a pool is a negative because it adds so many extra costs for the homeowner,\u201d Shook said. \u00a0<\/span>
\n\u201cBut the reverse is true in the luxury market,\u201d Shook continued. \u201cIn the $700,000 to $1 million price range, especially in remote areas with more yard space, homebuyers expect a pool and they\u2019ll pay a premium for it.\u201d<\/span>
\nBoston<\/a> was the only metro that both met the criteria to be included in this analysis and has cold, snowy winters. It\u2019s also \u00a0the only place where a pool meaningfully subtracts from the value of a home. A home in the Boston area with a pool is worth $15,484 less than a comparable home without a pool.<\/span><\/p>\n

See what these pools are worth<\/strong><\/h2>\n

Below, we\u2019ve calculated the estimated value of pools for select homes currently for sale. The calculations are based on each home\u2019s estimated square footage and the local per-square-foot pool premium. <\/span><\/p>\n

This pool in Los Angeles is worth an estimated $285,806<\/h3>\n
<\/figure>\n
\"Los<\/a><\/figure>\n

This <\/span>home in Studio City, California<\/a><\/span> features five bedrooms and seven bathrooms<\/a>, not to mention a dreamy outdoor space with a pool-hot tub combo. <\/span>
\nList price<\/b>: $3,199,000<\/span>
\nApproximate square footage<\/b>: 5,063<\/span><\/p>\n

This pool in Orange County is worth\u00a0 an estimated\u00a0<\/b>$48,440<\/b><\/h3>\n
\"Orange<\/a><\/figure>\n

We hope this resort-like <\/span>four-bedroom, two-bathroom<\/a>\u00a0property in Laguna Niguel, California<\/a>\u00a0<\/span>comes with the flamingo floaty. <\/span>
\nList price<\/b>: $999,999<\/span>
\nSquare footage<\/b>: 1,830<\/span><\/p>\n

This pool in Austin is worth an estimated $105,334<\/b><\/h3>\n
\"Austin<\/a><\/figure>\n

This <\/span>light-filled five-bedroom home<\/span><\/a> comes with a large backyard oasis with a pool, hot tub and covered patio. <\/span>
\nList price<\/b>: $649,999<\/span>
\nSquare footage<\/b>: 3,674<\/span><\/p>\n

This pool in Phoenix is worth an estimated $18,836<\/b><\/h3>\n
\"Phoenix<\/a><\/figure>\n

Located in a gated community in Cave Creek<\/a>, this <\/span>four-bedroom, four-bathroom home<\/span><\/a> comes with updated interiors and a unique pool and spa area, complete with an outdoor shower. <\/span>
\nList price<\/b>: $557,000<\/span>
\nSquare footage<\/b>: 3,209<\/span>
\n 
\nFeatured image: Custom-built five-bedroom estate in Henderson, Nevada<\/a> complete with outdoor area featuring a pool and swim-up bar. List price: $1.3 million.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Pools are worth the most in Los Angeles. See where else pools add a big premium. How much is a pool worth? The answer depends on where you live. In Los Angeles, homes with pools sell for an estimated $95,393 more than comparable homes without them, making it the metro where pools are most valuable. […]<\/p>\n","protected":false},"author":13153,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[],"dashboard":[],"coauthors":[],"class_list":["post-65228","post","type-post","status-publish","format-standard","hentry","category-housing-market-news"],"acf":[],"yoast_head":"\nHere's How Much Value a Pool Adds to a Home in Certain Metro Areas<\/title>\n<meta name=\"description\" content=\"A swimming pool adds nearly $100,000 to the value of a typical Los Angeles home. 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