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Demand for Pools Exploded During the Pandemic

The Wall Street Journal (reposted on Realtor.com) says 2020’s pandemic induced an “explosion” of swimming pools across the country. They cite data showing sales of new in-ground pools rose 24% in 2020 – which they say is historic. However, they do offer up this caveat; Homeowners without any prior pool-ownership experience need to know what they are getting into considering that basic pool maintenance averages between $1,200 and 1,800 per year…and that doesn’t include repairs.

“In past years, we were getting estimates for filling in or removing pools prior to going on the market,” said Emily McClintock, a real-estate agent with Baird & Warner on Chicago’s North Shore. Now, she says, pools are a selling point.

Article by Brad Beckett, Director of Education & Outreach, Real Estate Investing Today, National Real Estate Investors Association (NREIA).

 

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