Looking to add either a pickleball court or a swimming pool to a limited size backyard in a desert area like Las Vegas or Texas.
Has anyone looked into the ROI comparisons for these amenities and decided one over the other? I'm leaning towards the pool since it has a broader appeal, but the pickleball court is such a trendy amenity these days.
At a glance, a pool would serve more guests, especially in hot temperatures like the markets you mentioned. That said I would dig deeper and look at properties with each amenity- see how well each books out and their ADR. If there are tons of homes with pools and wide open calendars yet the few places with PB courts are booked out, there's your answer.
Depends on guest avatar as well. PB Court will serve older generations, while a pool is better for families.
In terms of maintenance cost and liability the PB Court is a no brainer. Biggest risk is the complaints from neighbors about the noise, although I've heard that there are new paddles that dampen the noise quite a bit?
In terms of maintenance cost and liability the PB Court is a no brainer. Biggest risk is the complaints from neighbors about the noise, although I've heard that there are new paddles that dampen the noise quite a bit?
Very good points and to add, I'd also need some net or fence around the court to make sure the balls don't fly into the neighbor's yard.
I initially thought to myself "Wait.. that can't be right! Isn't that a bonus??" then looked at a recent appraisal and the pool was a -$10k line item in the appraisal.
So far, I'm leaning towards an underground pool since it can be used all year round, but if I find a property that has room for both, then I may try to incorporate both amenities since families and the older crowd are my preferred avatar.
I initially thought to myself "Wait.. that can't be right! Isn't that a bonus??" then looked at a recent appraisal and the pool was a -$10k line item in the appraisal.
I'm in Phoenix, where it's brutally hot in summer and a lot of houses have pools. But there are many buyers here who do not want a pool because they won't use it much, and pools have much higher maintenance and utility costs, and are a drowning danger to young children. So they are often not desirable for a primary residence or even a long term rental. When I bought properties for a home and an LTR here, I ruled out houses with a pool. But for STRs, they would be desirable.
Realtor · Denver, CO · Member since 2018 · 10 posts · 11 votes
2y
Sounds like you haven't purchased? I'd think in Vegas you could purchase something that has a pool that would cashflow. I have a property there and the regulations are a bit of a disaster depending on where exactly you go so just be careful on that especially if you are not owner operated. TX is big... and hot. Still thinking pool but market likely matters.
Sounds like you haven't purchased? I'd think in Vegas you could purchase something that has a pool that would cashflow. I have a property there and the regulations are a bit of a disaster depending on where exactly you go so just be careful on that especially if you are not owner operated. TX is big... and hot. Still thinking pool but market likely matters.
Yes, we're learning that Vegas is pretty crazy with regulations, BUT doable so that's our current target market.