Time For a Swimming Pool?
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Time For a Swimming Pool?

There comes a time when you realize you cannot live without a swimming pool. Regardless of the region you live in, a pool is a great addition to any backyard.  Before you call your neighbor's pool guy, consider what type of pool will meet your needs, functionally and financially.  Let's explore some backyard pool options so you can dive right in!

Remember how excited you were as a child at the prospect of visiting a swimming pool?  Whether it was the city pool, a hotel pool during your vacation, a neighbor's pool or your very own, it was always a highlight.  Now that you're ready to install a pool, there are many things to take into consideration including the type of pool, installation costs, and maintenance expenses. (For the sake of this article, we will discuss in-ground pools.)

in-ground-pool

Type and Cost

Let's look at the 3 most popular types of pools and what you might spend on each.

  • Fiberglass
  • Concrete
  • Vinyl Liner

Fiberglass pools run approximately $1000 per foot, per the length of the pool, + $10,000. For example, a 45 foot-long pool will cost around $55,000. Maintenance cost for the year will be in the hundreds, much lower than the other pool options mentioned in this article.

Concrete is the most expensive pool option, running anywhere from $50,000-$100,000 depending on the size. Pool maintenance also runs high, with an annual cost averaging $2500 (concrete requires more extensive cleaning).

Vinyl lined pools are the most affordable option. You could install this type of pool yourself and save money, but hiring a professional installer is always a wise option and would cost $35,000-$70,000 depending on the shape and size. Maintenance costs will average $1,000+/year.

Timeframe

When deciding on a pool, consider when you want to start using it. Fiberglass pools can be installed the fastest, while concrete takes the longest (concrete has to cure). If you're hoping to have your pool installed in a month, go with fiberglass (3-6 weeks). If you can wait a bit longer, a vinyl liner pool will take 4-8 weeks to install.  Schedule the installation of your pool long before prime pool installation season so you can avoid being placed on a long waiting list.

Maintenance

If you've ever asked your friends how much they spend in pool maintenance costs, you know there are significant dollars being spent to keep things running smoothly. Maintenance costs will be reflected in the type of pool you have and the size. Chemicals, pool cleaner/machine, repairs to the pump and pool surfaces, are a few factors to consider when determining your spend each year.  If you want more details on pool maintenance expenses, check out this article.

Additional Expenses

When you have a house built there are always additional expenses, and the same holds true for pool construction. There will be electrical expenses for the pool pump installation. A new surface will have to be installed around the pool (decking, concrete, pavers, etc.). Your yard will be destroyed during the construction of the pool so you'll need to pay for landscaping. You may want a pool cover to help keep the water free of debris and for safety reasons.

There are many other expenses associated with a pool, but one that should never be forgotten is a pool fence. Pool fences provide a level of security and can be temporary or permanent. Talk to your contractor about the best fencing options for your pool.

Conclusion

If it's time for you and your family to add an in-ground pool to your backyard, consider the 3 types highlighted in this article. Find a reputable installer and ask about upfront costs, maintenance and other expenses to ensure you can afford the short and long-term costs of owning a pool. Take your time as you research local pool companies, get references and ask how many people will be on the crew. No one wants to see 2 people installing a pool -- likely it won't be finished this summer, if you know what I mean. I hope you get the pool of your dreams and you enjoy many gatherings with family and friends!

Janelle D.

I've worked in the real estate sector for more than a decade and enjoy sharing my knowledge on the subject and researching the latest trends. In my free time I like to craft, spend time with my family and dog, participate in outdoor activities like hiking, and I'm passionate about photography.

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