Introduction to Swimming Pools
If you’re a resident of the Coachella Valley, you know the summers are hot, and swimming pools are a great way to cool off. At The Paul Kaplan Group, we've learned that the majority of people looking for single-family homes to purchase in the Palm Springs area want a home with a swimming pool—it's probably #1 on most buyers' wish lists!
If it's a home without a pool, many homeowners in the area are making the decision to construct a pool in their backyard and invest in the fun, relaxation, and entertainment a backyard pool can provide. But before making the decision to build, it’s important to understand the costs associated with a pool in the Coachella Valley.
How Much Do Swimming Pools Cost These Days?
The cost of a swimming pool in the Coachella Valley will depend on the size and type of pool you choose. In–ground pools typically range from $50,000 to $100,000. If you wish to add features like fountains, lights, or a hot tub, you can expect the cost to increase significantly.
If you live in a community with a shared swimming pool, sometimes that may be a better option. Many communities have multiple swimming pools that are shared with the residents, which could save a homeowner a significant amount of money compared to building your own pool.
Plan for Swimming Pool Maintenance Expenses
Maintenance and electricity costs are also important to consider when deciding to build swimming pools in the Coachella Valley. The monthly cost for pool maintenance can range from $150 to $200+ per month, depending on the size and complexity of the pool. This typically includes cleaning the pool, checking and adjusting the chemical levels, and providing necessary repairs. As for electricity costs, you can expect to pay anywhere from $75 to $500 per month in utility bills, depending on how often you heat it. This will depend on the size of the pool, whether a heater is installed, and how often the pool is used.
Build a New Swimming Pool or Buy a Home with an Existing Pool?
When it comes to deciding if it‘s better to buy a house with an existing swimming pool or plan on building your own, there are a few factors to consider. First, it‘s important to think about the cost involved with the decision. Installing a pool can be a large financial commitment, so it‘s important to consider whether or not it‘s worth it.
The next factor to consider is the time involved in the decision. Building a pool can be a lengthy process, and you may have to wait several months before you can enjoy the benefits of having a pool in your backyard. Recently, we’ve heard it can take up to 6 months to complete construction, due to a shortage in the workforce and supply chain delays. When picking your pool contractor, we suggest you ask how long they expect it to take to finish your pool and put that in your contract. On the other hand, buying a house with an existing pool can provide you with the ability to enjoy your pool much sooner, without the hassles of installation. You can also finance the cost of the pool with your mortgage to buy the home.
Finally, it’s important to consider whether or not having a pool adds value to your home. In the Palm Springs area, having a pool can be a great asset, as many visitors come to the area specifically for its warm climate and poolside activities. Therefore, having a pool can be a great way to attract potential buyers and increase the value of your home. Typically, homes with pools sell faster than those without. (An important tip: Buyers tend to want to see the pool from the living room when they walk into the house — if it's hidden on the side of the house, it typically makes the house harder to sell, based on our own personal experience).
In conclusion, the decision of whether it’s better to buy a house with an existing pool or plan on building your own depends on a number of factors. From a financial and time perspective, buying a house with an existing pool may be the more sensible choice. Additionally, in the Palm Springs area, having a pool can add significant value to your home, making it an even more attractive option.
A Pool for Your Budget
When it comes to building swimming pools, the Coachella Valley offers a variety of options; there are a number of options available to fit your budget and lifestyle. Be sure to consider all the costs associated with a pool before making a decision, and make sure you factor in maintenance, electricity, and gas costs. With proper care and maintenance, a pool in the Coachella Valley can be an investment in fun and relaxation for years to come, as well as a key investment that may improve your home’s property value. The Paul Kaplan Group can help you find your pool home oasis in the desert! Contact us at (760) 459-1396 or [email protected]
