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Old 10-14-2021, 09:04 PM
 
8 posts, read 7,139 times
Reputation: 20

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Quote:
Originally Posted by txfriend View Post
That’s amazing you picked the perfect location. I purchased my new construction Plano house in 1983. 3200 sqft, corner lot, one story for $250K. Added a pool the same year for $25K. The pool has been updated twice for approx $12K to $15K each time. The house has also been updated. It's located in west Plano and built as custom. Zillow is pricing the house at $550K. That's no problem, it’s not for sale.
A pool in 1983 was certainly a luxury feature, so does 3200 sqft house in 1983. Back then most houses in DFW had only one car garage and probably around 1800-2500 sqft low ceiling single story.
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Old 10-15-2021, 04:30 PM
 
Location: North Texas
3,497 posts, read 2,656,817 times
Reputation: 11018
Quote:
Originally Posted by greatpaul View Post
A pool in 1983 was certainly a luxury feature, so does 3200 sqft house in 1983. Back then most houses in DFW had only one car garage and probably around 1800-2500 sqft low ceiling single story.
Also, the interest rate was 16.5% at that time.
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Old 10-15-2021, 04:40 PM
 
5,827 posts, read 4,162,578 times
Reputation: 7639
Why are you guys talking so much about housing prices? Pool construction costs have nothing to do with housing prices.
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Old 10-15-2021, 05:09 PM
 
19,778 posts, read 18,055,300 times
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Quote:
Originally Posted by greatpaul View Post
This is NOT about the surge of demand due to pandemic.

Recently talking to a friend who built a pool in 2005, a good sized 18x36 pool with SPA and other stand features, only costed him 25K. His Colleyville house was valued at 400K back then, so a new pool was 6.5% of house value.

He moved to Keller in 2019 and quotes on a new pool, similar as he did in 2005, were typically at 70-80K range. Housing price in DFW didn't go up by 3 times from 2005 to 2019. Not even doubled. What's driving up the cost so much in the same period?

I told him probably so many pool companies went out of business in the last recession and with less competition, that's how it works. But honest I don't know if that's right answer.

I think your 2005 number is off, the pool was hyper-spartan or the guy drove the best deal of all time.

We built a fairly bare bones pool, no spa, mediocre equipment in Plano 1995 - 22,500 gallons/$31,500

We moved into a bigger home in 1999 and built a much nicer pool and spa also in Plano - 29,000 gallons $48,200.

We built a still nicer but smaller pool/spa/top notch equipment/flagstone etc. in Dallas in 2011 - 16,500 gallons $71,500.
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Old 10-16-2021, 04:33 PM
 
Location: North Texas
3,497 posts, read 2,656,817 times
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Quote:
Originally Posted by greatpaul View Post
This is NOT about the surge of demand due to pandemic.

Recently talking to a friend who built a pool in 2005, a good sized 18x36 pool with SPA and other stand features, only costed him 25K. His Colleyville house was valued at 400K back then, so a new pool was 6.5% of house value.

He moved to Keller in 2019 and quotes on a new pool, similar as he did in 2005, were typically at 70-80K range. Housing price in DFW didn't go up by 3 times from 2005 to 2019. Not even doubled. What's driving up the cost so much in the same period?

I told him probably so many pool companies went out of business in the last recession and with less competition, that's how it works. But honest I don't know if that's right answer.
A pool today is not like my 40-year-old pool. The equipment cost alone has dramatically increased. Some municipalities will not allow a DE filter system any longer. Today, the filtration, pool and sweep motors, pumps, sweep, heater, diving board, and spa are the price of my pool. The first pool that I had built in 1978 at another house in Plano was $15K, also with a spa, the cost would be 30% of the original house purchase price and 12% at the sale. Construction cost has increased the same as a house. My 1983 pool is 30K gal with a spa, came with a 3 hp pump, and 1 hp sweep, 400k BTU heater and diving board, 72 sq ft stainless DE filter for $25k or 10% of house value, and the contractor was a friend and neighbor.

Pic of the original pool before two renovations. The diving board at right out of the scene, as are the entry steps at the left.

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Old 10-16-2021, 10:44 PM
 
18,560 posts, read 7,362,427 times
Reputation: 11372
Quote:
Originally Posted by kayanne View Post
I don't know the answer, but I just had a company give me a quote for a pool in TN, and he said $250K to $300K! (Granted, that included about $20K to excavate the diving pool we currently have, because I want to replace it with a shallower pool, but still!...)
Sorry, but I don't believe you.
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Old 10-17-2021, 12:20 PM
 
Location: North Texas
3,497 posts, read 2,656,817 times
Reputation: 11018
$25,000 in 1983 is equivalent in purchasing power to about $69k today. So prices today may not be that much out of line.
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Old 10-17-2021, 12:40 PM
 
Location: Frisco, TX
1,879 posts, read 1,552,729 times
Reputation: 3060
We have the annual family membership to the Frisco Athletic Center. It’s not private, and we have to drive to it. However, it beats having a pool.
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Old 10-17-2021, 06:22 PM
 
Location: DFW
40,952 posts, read 49,155,879 times
Reputation: 55000
Quote:
Originally Posted by Soccernerd View Post
We have the annual family membership to the Frisco Athletic Center. It’s not private, and we have to drive to it. However, it beats having a pool.
Can you swim Nekkid in the Center Pool ?? How about screaming kids peeing in the pool? Can you swim at 2am on a hot summer night?

I can in my private backyard pool and no kids unless it's family.
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Old 10-17-2021, 06:56 PM
 
19,778 posts, read 18,055,300 times
Reputation: 17257
Quote:
Originally Posted by Rakin View Post
Can you swim Nekkid in the Center Pool ?? How about screaming kids peeing in the pool? Can you swim at 2am on a hot summer night?

I can in my private backyard pool and no kids unless it's family.
+1. I'll pay the premium for my own pool. Given how few people know how - or will not put in the requisite effort - to manage pool chems. well being a key factor. Our pool being a few feet out the backdoor is a another.
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