In the long run, an inground swimming pool can add value to your home and, of course, provide endless hours of fun. As you consider adding a pool to your backyard, you’ll want to start by considering average inground pool prices. The exact dollar amount can vary greatly depending on which contractor you choose, how many features you add, and other factors. Thankfully, even if you don’t know an exact price, you can begin to estimate and decide how to cut costs for yourself on a few key features.
That new inground swimming pool will require a significant investment, but you can keep the price reasonable by making a few important choices during the design process. There are several key decisions and additions to your pool that can increase the price significantly. By making your choices carefully, you can keep additional costs low and still end up with a fantastic pool.
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Installation Costs
The initial cost to install a pool depends primarily on the pool site itself, the size and shape of the pool, custom features, and a few other variables. Unfortunately, not all of these factors are things you can control. During the design phase of your pool, ask about any variables that could influence the end price:
- Construction site: how soft is the ground? How easy will it be for construction machines to get in?
- Size: how big will the completed pool be? What about depth? The bigger your pool, the longer construction will take, and the more the end result will cost.
- Custom features and pool shape: a serpentine pool lined with waterfalls certainly looks amazing, but remember the more water features you add, the longer construction will take and the more your pool will cost.
- Safety: you’ll probably need a permit to begin construction and to identify any pipelines or other obstacles. See if your pool contractor handles the legal portions for you or if you need to take care of it yourself.
- Pool deck: an inground pool needs a concrete or stone pool deck. Similar to the pool, your pool deck becomes more expensive the bigger and more elaborate it gets.
- Fence: in Texas, a residential pool must be surrounded by a fence and gate at least 4 ft high.
Ownership Costs
Even after construction is complete and you’re enjoying your brand new pool, you still have to consider ongoing costs for your investment. For example:
- Insurance: a new pool will likely increase your home insurance rates. For an exact amount, consult your pool builder and insurance company before construction.
- Taxes: the good news is, adding a brand new swimming pool can add significant value and appeal to your home. The bad news is, that also marginally increases your taxes. The exact increase depends on the newly appraised value of your home with a pool.
- Maintenance: if the most work your pool needs is scooping bugs out of the water, you can do that yourself and save some money. However, a more involved repair like replacing a faulty pump will require calling in professionals.
- Climate control: part of your home’s electric bill will now be dedicated to heating or cooling your swimming pool. Consider the finished size and shape of your pool to calculate this additional cost.
Pro Tip: Read your entire pool contract and warranty and be prepared to ask detailed questions about coverage. Don’t get taken by surprise later!
Creating Your Pool Plan
Remember that while a pool can add value to your home, you’re ultimately buying this pool for yourself, not future potential homeowners. Find the features and designs that you enjoy. Keep a few key goals in mind:
- Research the pool builders: make sure they have good reviews, a gallery of completed work, and a willingness to answer your questions.
- Find your ideal pool size: don’t buy a huge pool for its own sake. Find a size and shape that fits well with your backyard and serves your preferences.
- Learn about basic pool maintenance: take advantage of any services your pool builders have to offer, but don’t go for their help on something as trivial as basic cleaning. Ask them for advice on what you can realistically do yourself versus what you should leave to an expert.
Getting Started on Your New Pool
Buying a new swimming pool and waiting for construction is a significant investment of both time and money. However, with some strategic planning of your pool and budget guidelines in place, you can still construct the pool of your dreams for a reasonable price.
Connect with our team of experts today to get started with your first pool consultation!