In Leon County in 2012, there were 267 pool homes sold. This is about 16% of all homes sold. Of 267 pool homes sold:
214 were located in northeast Tallahassee
4 were located in southwest Tallahassee
Median price was $231,100
Highest price was $1,075,000
Price range of pool homes:
14 were under $100,000
80 were $100,000 – 199,000
83 were $200,000 – 299,000
46 were $300,000 – 399,000
Let’s look at Ox Bottom, a Tallahassee neighborhood with many pool homes. Of 44 sales in 2012, 14 were pool homes. If we look at similar size 4 bedroom homes in Ox Bottom, we find the average sales price was $334,583 compared with a sales price of $302,430 for similar homes without a pool.
So, how much does a pool add to a Tallahassee home value? It depends on the neighborhood and type of pool. For a northeast Tallahassee home, a typical pool will increase the value about $10,000 – 15,000. Larger and more elaborate pools will obviously bring more home value. Pools attached to homes that are older, smaller, and in less expensive neighborhoods will add less value.