Perhaps one of the first questions people ask when purchasing an inground swimming pool is, “How much does it really cost?” Prices could range from $20,000 to $60,000, but that is just the tip of the iceberg. Of course, factors such as size, material, and design will help to narrow down your approximate investment. And that doesn’t even begin to address ongoing maintenance and upgrades. Okay, so what do you really need to know to make an informed decision about your backyard oasis?
Factors Influencing Pool Costs
There are a few key things that will have a real big impact on how much an inground swimming pool will set you back. First, the size of the pool is a big factor, because the bigger the pool, the more materials and labor it requires to build, thus increasing its cost. Second, the type of material you choose may influence costs. For example, concrete pools are usually more expensive than vinyl or fiberglass pools, as their installation requires a great amount of labor and raw materials. What’s more, the complexity of the design comes into play: if you want complicated features such as waterfalls, grottos, or custom shapes, be ready to pay for them.
Location also plays a greater part in costs as building on rocky or rough terrain is often made to include extra ground excavation and preparation that adds to the overall cost of the pool almost over night. Other major entry includes licenses and local regulations. You will most likely want to include the cost of licenses and inspections into your budget as well as possibly extra landscaping that your town or city requires. Of course, last but not least, don’t forget the ongoing maintenance costs as these do tend to start to add up over time.
Types of Inground Pools
Inground pools are of different types to suit various preferences and budgets.
Vinyl liner pools are an option that’s affordable but also custom; fiberglass pools are durable yet have somewhat fast installation time. On the other end, the concrete pools allow for a high level of customization, but this is more expensive and requires one to budget out what is most critical in his or her needs.
Vinyl Liner Pools
Vinyl-lined pools are quite a few options available, and consumers who find themselves in the position of setting up an inground pool will be assured this is an effective budget choice. Indeed, such pools come with a hardy frame that could be made from steel or polymer lined with a vinyl sheet. This design will allow a wide range of shapes and sizes, allowing you to customize your oasis so much more easily with your preferences.
One of the most attractive features of vinyl liner pools is their inexpensiveness. You’ll find, compared to other inground pool varieties such as concrete or fiberglass, both the initial installation and general maintenance cost somewhat lower in comparison. Vinyl liners come in various colors and patterns, which allow you to highlight a look that goes hand in hand with your home and landscape.
However, vinyl liners typically need to be replaced every 5 to 9 years depending on usage and maintenance. Regular cleaning and proper chemical balance will extend life of your liner.
Fiberglass Pools
Fiberglass pools are a durable but low-maintenance option for a homeowner looking to install an inground swimming pool that will last. Constructed of a rigid shell, pools of this variety are pre-manufactured and set in one piece, which reduces the possibility of leakage. Their smooth surface is great against your skin, and it resists algae growth-the less time one will spend cleaning, the more time one will spend enjoying it.
With a fiberglass pool, you will have a number of shapes and sizes that can fit your backyard. Installation generally takes less time than other types of pools, with most taking a few weeks. This may prove quite alluring in case you want to plunge in during the summer. It’s worth noting, however, that fiberglass pools may be less customizable than some of the other materials available for a pool in terms of depth and design. Also, even though the upfront cost is higher, fiberglass pools pay for themselves over time due to lower maintenance and upkeep required. If you’re looking for a low-maintenance and durable option, a fiberglass pool may be just what you need for your lifestyle.
Concrete Pools
Concrete pools are the only form that could offer the utmost customization, making your backyard oasis uniquely fitting to your designed vision. You can make nearly any shape and almost any size when it comes to concrete, molding the pool to fit your landscape or personal preference. This flexibility is one of the major advantages that makes it different from other types of pools and very popular among homeowners.
In terms of durability, on the other hand, the concrete pools are on top. A change in weather or some wear and tear over time can affect them, which in return will make sure that your investment will last for generations.
Keep in mind, however, the construction may involve a long period wherein more planning and expert manpower will be required. Also, maintenance is an issue. As strong it is, the concrete pools resurface every ten to fifteen years or so, depending on usage and care. You’ll also have to attend to the chemical balance with more attention, because algae can begin to populate the porous surface if you don’t keep up properly.
Above-Ground Alternatives
If you are looking for inground pool options, you will discover that vinyl and fiberglass pools represent some attractive options over traditional concrete structures.
Vinyl pools have also become very popular; they are way cheaper and far easier to set up. They are framed with robust material lined with vinyl, thus offering smooth skin-friendly surfaces. You can find them in various shapes and sizes, making it pretty easy to fashion your backyard into an oasis.
On the other hand, fiberglass pools come pre-manufactured to allow for quicker installation and less disruption in your yard. These pools boast a smooth finish that’s impervious to algae, such that maintenance is greatly reduced. Though the initial investment is often higher than vinyl, the durability and longevity of fiberglass pools can prove in the long run to be a wise investment.
While both are great options, one has certain advantages over the other. For your budget, maintenance preferences, and design objectives, both might be viable options. Whichever you go for, either vinyl or fiberglass, both can give you an amazing swimming pool without the long and high expenses involved with a concrete pool. Your dream pool is within reach, with these options offering some intelligent and practical ways to upgrade your outdoor living space.
Average Cost Ranges
Inground swimming pools range in price from a mere $20,000 to $60,000, depending on materials, size, and other additional features. When considering options, one of the more important things to take into consideration is what type of pool you would want. Fiberglass pools are normally toward the lower price range, while concrete often pushes the costs higher because of the durability and customization options available with them.
Size of the pool will also be a significant determinant for the overall cost: a small pool may fit well in a range of $20,000, while a bigger pool can easily get over $40,000.
Other than size and material, labor costs are different as per your location and how complex the installation is. Permits and inspections are also extra, with prices ranging from several hundred to many thousands of dollars, depending on the local regulations. The more you study and design, the better you will be able to gauge how your budget may fit within these ranges. Averages like these will help you make decisions based on your budget and lifestyle preferences.
Additional Features and Upgrades
Inground pool features and upgrades can make your pool a little private oasis by adding functionality and appeal. Add a spa or hot tub to create a luxurious spot to relax and entertain your friends and family. The water features, such as waterfalls and fountains, provide tranquility and boost the visual interest surrounding the pool area.
Not less important to mention is the issue of lighting. You can extend hours of swimming into the evening by installing LED lights, which is great not only for swimming in the night but also for holding small gatherings and parties.
You also can install a pool heater that enables you to enjoy your pool throughout the whole year without giving up to the changes in weather conditions. Take your pool space to the next level with a swim-up bar or outdoor kitchen addition to really take entertaining to the next level, or make your backyard the central meeting point. And safety enhancements-aside from aesthetics-equal peace of mind when it comes to automatic pool covers or fencing.
Ultimately, these features and upgrades may appear as an extra cost, but they definitely can significantly improve the functionality and worth of your swimming pool, and truly make the inground pool the centerpiece of your outdoor area.
Maintenance and Operating Costs
Inground pools involve some operating costs and consumables to maintain them properly, thereby impacting the quality and frequency of use at your residence.
Firstly, there is the repetitive cost of water, electricity, and chemicals. You will need to refill your pool from time to time, more so during the hot months; this may increase your water bill. Electric costs could also go up because of the pool pumps, heaters, and lighting.
Next, there are the chemical treatments: chlorine, pH balancers, and algaecides, not to mention, are just a few of myriad products you will have on hand to keep the water clean and safe. These products will range in price, greatly, depending on your pool size and usage. And last but not least, there is basic maintenance, either done yourself or with the help of professionals. There is so much skimming of debris off the top of the water, vacuuming along the bottom, and checking of filter systems that needs attention. Periodic repairs, such as leak repair and equipment replacement, are inevitable. Budget for those crises.
Financing Options and Considerations
How are you going to be able to finance an in-ground pool without breaking the bank?
First, look into a home equity loan or line of credit. You can borrow against your home’s equity at often lower interest rates than personal loans. Just be comfortable with the associated risk.
Other directions might be personal loans, which avail cash right away and don’t necessarily require collateral. Interest rates could be a little higher, but these loans have flexibility in their manners of repayment. If you like more structure to your financing, find pool financing options directly from the contractors themselves. Many companies have payment plans where you can spread out how much you pay over several months or years to make it easier to manage.
Then, credit cards can be a stop-gap for smaller expenses. However, one has got to keep in mind the exorbitant rates of interest. Finally, save for your pool over time so that you can pay cash for it. In this way, you will avoid taking debt and breaking your budget.
Whichever option you consider, make sure to read the fine print to find out what the overall cost is. Ideally, you need to choose a financing solution that best suits your budget and can enable you to enjoy your new pool without increasing your problems.
All in all, inground pools can be an investment, with prices starting to fluctuate depending upon factors like pool type, size, and added features. Designing and building a pool for your specific needs is our specialty at Pool Builders Fort Worth. Our services involve designing and constructing residential and commercial pools in Fort Worth, TX, and surrounding areas.
Understanding these elements yourself will better prepare you to make decisions and estimate costs associated with each. Also important to note are maintenance and operation expenses, as these will be key factors to your investment over time.
It requires consideration and planning, but well worth all those since you can enjoy its beauty and enhancement of outdoor lifestyle for many years. Need help with your pool project? Contact Pool Builders Fort Worth today!