Trending...
- Spokane: Flags Lowered for the Victims of the Longview Tragedy
- A Statement from Pierce County Executive Ryan Mello and Tacoma City Council Member Kristina Walker on Vote Regarding Sound Transit 3 Long-Range Financial Plan
- Tacoma: OMWBE Certification 201 Workshop on May 28
What impact is COVID having on new pool availability in Las Vegas?
LAS VEGAS - Washingtoner -- As previously discussed by the Atlas Group LC and other leading real estate and pool contractor professionals in the Las Vegas rental and sales market, demand for new pools is continuing to rise at a rate of about 1.5% per year.
According to Ace Bedich, owner of Green O'Aces Pools and Landscape during an interview on Nevada's #1 Real Estate and Investment podcast, the French Workbench, currently in the Las Vegas market there is a shortage of building materials including steel, tile, and piping. Anything that the US was outsourcing is now in short supply. This shortage has caused pool prices to increase by as much as 8-10 percent.
Permits in Las Vegas used to take a day or two are now taking several weeks to get pulled. Part of this delay is because permit applications went online due to COVID and county and city employees are working from home. Building a pool in good times, normally took 3-4 months from beginning to end. Currently, with both material shortages as well as employee shortages and permit delays, pool construction has been pushed back to an average of 5 to 6 months.
More on Washingtoner
Pool prices have been steadily increasing as well. The odds of totally recouping your initial investment in a pool when you sell is next to impossible. Buying a pool is a lifestyle choice and not a practical real estate investment. On average, the total price paid for a pool will only equate to about a 30% increase in overall property value. Consequently, it is a better investment choice to buy a property with a pool as opposed to installing a pool after the purchase.
From a property management perspective, pools can be problematic. Depending on the size and location of the property, a pool will increase rents anywhere from $150 - $350 per month. Monthly pool maintenance will cost about $150 - $175 depending on pool size, services, and chemicals provided. Also there is additional costs for cleaning the pool filter at least twice a year. Above that you have repairs to the system along with filters to replace over time.
When you take these costs into consideration, along with the additional liability that comes with a pool, renting out a property with a pool can be challenging. In order to cut costs some owners opt to have the tenant maintain the pool. This can prove to be an even more expensive choice. Few tenants have the time, expertise or inclination to do what is continually required to maintain a pool. Using the tenant can lead to deferred maintenance and you could easily end up with a swamp instead of a pool.
More on Washingtoner
Be sure and subscribe to the French Workbench podcast hosted by Daniel French every Saturday for the most relevant housing updates. If you would like touch base with a property manager, call the Atlas Group LC at 702-916-2222. They would be happy to discuss any challenges you may be facing and there is never any obligation.
According to Ace Bedich, owner of Green O'Aces Pools and Landscape during an interview on Nevada's #1 Real Estate and Investment podcast, the French Workbench, currently in the Las Vegas market there is a shortage of building materials including steel, tile, and piping. Anything that the US was outsourcing is now in short supply. This shortage has caused pool prices to increase by as much as 8-10 percent.
Permits in Las Vegas used to take a day or two are now taking several weeks to get pulled. Part of this delay is because permit applications went online due to COVID and county and city employees are working from home. Building a pool in good times, normally took 3-4 months from beginning to end. Currently, with both material shortages as well as employee shortages and permit delays, pool construction has been pushed back to an average of 5 to 6 months.
More on Washingtoner
- 2026 Editorial Freelancers Association Conference Focuses on Building Sustainable Careers
- netElastic Powers LigaT's High-Performance Broadband Expansion and IPv6 Modernization in Portugal
- Raiku launches rkuSOL with Sanctum, Kamino, Loopscale and Exponent
- Greenland Mines Ltd (N A S D A Q: GRML) Advances Strategic Growth Initiatives as Critical Minerals Demand Accelerates
- Entering the $69 Billion Animal Health Market, Delivering Record Growth, AI-Driven Healthcare Innovation, and Targeting $200 Million Revenue by 2029
Pool prices have been steadily increasing as well. The odds of totally recouping your initial investment in a pool when you sell is next to impossible. Buying a pool is a lifestyle choice and not a practical real estate investment. On average, the total price paid for a pool will only equate to about a 30% increase in overall property value. Consequently, it is a better investment choice to buy a property with a pool as opposed to installing a pool after the purchase.
From a property management perspective, pools can be problematic. Depending on the size and location of the property, a pool will increase rents anywhere from $150 - $350 per month. Monthly pool maintenance will cost about $150 - $175 depending on pool size, services, and chemicals provided. Also there is additional costs for cleaning the pool filter at least twice a year. Above that you have repairs to the system along with filters to replace over time.
When you take these costs into consideration, along with the additional liability that comes with a pool, renting out a property with a pool can be challenging. In order to cut costs some owners opt to have the tenant maintain the pool. This can prove to be an even more expensive choice. Few tenants have the time, expertise or inclination to do what is continually required to maintain a pool. Using the tenant can lead to deferred maintenance and you could easily end up with a swamp instead of a pool.
More on Washingtoner
- $97.9 Million Q1 Revenue Growth Reinforces Transformation Into a Global AI & Digital Services Powerhouse: IQSTEL, Inc. (N A S D A Q: IQST)
- City of Tacoma Attracts More Affordable Housing to Proctor Neighborhood
- Tacoma: Homicide Investigation – 800 Block of Martin Luther King JR Way
- Spokane: Community Days At City Council Celebrating Student Civic Engagement
- Boston Industrial Solutions Launches Natron® 348 UV Inkjet Ink for Epson S3200 Print Heads
Be sure and subscribe to the French Workbench podcast hosted by Daniel French every Saturday for the most relevant housing updates. If you would like touch base with a property manager, call the Atlas Group LC at 702-916-2222. They would be happy to discuss any challenges you may be facing and there is never any obligation.
Source: Atlas Group LC
0 Comments
Latest on Washingtoner
- Community, Conservation & Waterwise Inspiration Bloom on June 6
- Industrial and systems engineers celebrate key leaders in the field at IISE Annual Conference
- Cosanostra Miami Rises as the Best Latin Nightclub in Miami in Under Two Years From its Opening
- CCHR Leader's 50-Year Fight for Psychiatric Drug Victims Gains National Momentum
- Author Releases 7-Day Screen Time Reset for Families as Teachers Worldwide Report Children "Struggling to Grasp Basic Concepts"
- Men's Health Month Begins with Record Proclamations, AP News Coverage, & National Momentum for Men's Health
- AdvisorVault Adds Social Media Archiving to its Consolidated D3P Service
- UK Financial Ltd Audits Full Ethereum Architecture Verifies Corporate Wallets and 19-Token Ecosystem Ahead of CoinMarketCap Filing for Global Ranking
- Spokane: Flags Lowered for the Victims of the Longview Tragedy
- Creative Investment Research Analysis Finds Slower GDP Growth, Rising Inflation
- Award-winning author Diana Colleen Explores Psychedelic Therapy, Climate Change and Billionaire-ism
- TechHouse Earns Highly Selective Microsoft Support Badge
- Spokane: Flags Lowered for Former State Legislator Sam Hunt
- J&J Exterminating Celebrates 65th Anniversary and Unveils Strategic Vision at Annual Team Meeting
- Tacoma: OMWBE Certification 201 Workshop on May 28
- Tru by Hilton El Paso Airport Opens to Guests
- Zenylitics Announces Leadership Transition to Continue Accelerated Growth
- A Statement from Pierce County Executive Ryan Mello and Tacoma City Council Member Kristina Walker on Vote Regarding Sound Transit 3 Long-Range Financial Plan
- Wellness Technology Distributor Helping People Set Up Wellness Center Businesses
- City to Establish Spokane Urban Native Advisory Council
