Popular on TelAve
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Honoring Black History, Culture, and Community in Fall River
Similar on TelAve
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
Is Demand For Pools Increasing or Decreasing in Las Vegas?
TelAve News/10704244
What impact is COVID having on new pool availability in Las Vegas?
LAS VEGAS - TelAve -- 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 TelAve News
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 TelAve News
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 TelAve News
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
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 TelAve News
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Miami Real Estate Agent Drastically Increases Interest In Homes
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
Filed Under: Business
0 Comments
Latest on TelAve News
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Stan Fitzgerald Appointed Acting Press Secretary for Veterans for America First VFAF Georgia State Chapter
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment
- Lore Link is Here to Help Organize Your Game
- Chappaqua's Annual Townwide Summer Sale – Unbeatable Savings at Your Favorite Local Boutiques!