So you are thinking about adding a pool to your existing home for some relief from the hot Florida Summers? But is it worth the investment? Will you sell your home for more or equal the amount of the cost?
Let’s dive deeper into the average cost of an in ground pool installation with pool cage. When you begin getting prices for your new pool it is important to remember prices will vary greatly based on size, finish types, decking, hot tub or not, heated / solar, and salt / chlorine. For our purposes, let’s take the average cost today, with prices increases comes in around $65,000 for a standard pool.
Looking at a future sale of your property with a pool vs. without a pool now. There are several factors to consider, but looking over the past year of the differences on average for similar sales with and without pools we have found that the sales price difference averages at without a pool $350,000 and with a pool $415,000, a $65,0000 difference with a pool. This appears to show a $65,000 investment has a safe return on investment, especially considering the enjoyment of the pool!
Keep in mind, this is a case study based on 360 days of sales history in North Port for 2021-2022. These findings can vary greatly by zip code, market changes, timing, and cost of building the pool.
