Building a pool pricing

[Chris K.]

Hi all,

I am looking to buy an investment property in Florida close to the beach, but with no private pool.

Similar homes rent well (4 bed 2 bath) in this location with a private pool.

I know nothing on this topic, and it is very general, but any idea how a decent size in ground backyard Florida pool can cost (range)??

[Kyle J.]

@Chris K. I don’t know about Florida, but in California COVID has caused the pricing for in-ground pools to skyrocket over the last year. And I mean like triple the price of what they used to be in some cases.

Everybody is stuck at home (and so are their kids), so they want to make being home as enjoyable as possible and give their kids something to do. Which in many cases has meant putting in a pool. So pool companies have been swamped with business (at least on the west coast), and their prices reflect it. 

I can’t imagine it’d be worth the price to put in a brand new pool in a long term rental, or that you’d ever make that money back. But if you end up deciding to go down that path, I’d suggest getting some quotes or talking to someone who’s put one in recently (last 9 months or so) to get a true idea on price. Because anything from a few years ago may no longer be relevant or in the ballpark.

Just my two cents.