Quick Answer: How Expensive Is A Pool?

Is it harder to sell a house with a pool?

It won’t be easy since a swimming pool can actually make your home harder to sell.

Many buyers consider it a liability rather than a luxury.

Under the right circumstances, however, a pool could boost your home’s value by as much as 7%, Houselogic estimates..

Why are inground pools so expensive?

This is the ultimate answer to the question “why are pools so expensive?” They are expensive because they are large, involve a lot of different components, and take a lot of skill and effort to install.

What is a good size swimming pool?

It’s recommended having a depth fewer than six feet to meet most pool needs. For a family of six to eight people, an 18 foot by 36-foot pool is recommended. This should be sufficient to avoid crowding and allow for the playing of games. Rectangle shaped pools look best for this size.

How long do you finance a pool?

Here’s why: If you obtain a home improvement loan for a pool, the term will likely be 7 to 15 years maximum. However, the length of a typical mortgage is 30 years. So, by integrating your pool loan into your mortgage, the pool costs are spread over three decades—versus the typical 7 to 15 years.

What is the most expensive part of installing a pool?

Hidden Cost #2: Extra Concrete The cost of additional patio is usually the most expensive option to the pool because most people get at least 300–700 extra square feet of patio beyond their initial 3–4′ border.

How long do inground pools last?

Pools with vinyl liners will last more than 20 years, as long as you replace your liner every 6-12 years. Concrete pools have exceptional longevity, but you need to resurface the concrete every 10 years or so. Fiberglass pools have the longest lifespans of any in-ground pool, often easily surpassing 30 years.

How much do pools typically cost?

Swimming Pool Installation CostsSwimming Pool CostsNational average cost$50,000Average range$3,000-$100,000Minimum cost$1,500Maximum cost$110,000Apr 24, 2020

Can I build my own inground pool?

DIY pool installation is hard work but not difficult; and after the job is complete you can be proud to say you built your own inground pool. All of your family and friends can now enjoy your hard work in the backyard escape you designed and built.

Does a pool add value to your property?

A Swimart survey found 90 per cent of pool owners believed their pool boosted the value of their house by an average of $30,000; with estimates ranging between $10,000 and $100,000, depending on size, style and location. …

What credit score is needed for a pool loan?

670Although individuals with less-than-desirable credit scores may still qualify for pool financing, in general, however, you’ll want a credit score of at least 670, though scores of 740 or higher will result in lower interest rates and more affordable monthly payments.

How much does it cost to build a pool in your backyard?

In general, you can expect to pay anywhere from around $1,500 to $15,000 for an above-ground pool. Depending on the size, format, and material, an inground pool will start at $30,000 up to $65,000, and more for custom jobs that include landscaping and outdoor living options.

How can I afford a pool?

What sources are available to finance a pool purchase?Finance a swimming pool through a bank. … Use a credit union to borrow funds for a pool. … Pay for all or part of the construction with a credit card. … Finance your backyard resort with a home-equity loan. … Draw against a home equity line of credit (HELOC).More items…•

What can you do with an inground pool you don’t want?

Here are three ideas for that unused pool:Remove it. The cost will depend on the size of your pool, and also on whether an earthmover can easily get into your yard. … Retire it. … Cover it temporarily.

How much does a 14×28 inground pool cost?

The average cost of a 14×28 fiberglass pool is about $46,000, installed. Vinyl-lined pools are the least-expensive inground option.

What is the best inground pool?

A popular choice is a gunite swimming pool because it is highly durable and it can be created in just about any shape. Gunite pools use a rebar framework that is sprayed over with a concrete and sand mixture. Gunite is exceedingly durable, so swimming pools made of this substance are built to last.

Does an inground pool increase property taxes?

In some areas, adding a pool may increase your annual property taxes, but it won’t necessarily add to your home’s selling price. For that reason, try to keep your total building cost between 10% and 15% of what you paid for your house, lest you invest too much in an amenity that won’t pay you back.

Can you negotiate pool prices?

You can do some of the work yourself. Then there’s the obvious: You can negotiate a lower price with the pool builder. … The truth is, you can always try to negotiate a lower price for your pool project, the same way you an try to negotiate over any other sort of custom home improvement project.

Does removing a pool increase home value?

In many instances, pool removal can in fact increase the value of one’s property. … If the pool takes up 30% or more of the backyard. If the pool is over 30 years old and is in need of repair. If the pool does not have a safety gate around it.

Are inground pool kits worth it?

Overall, installing your own inground fiberglass pool can save you between 6 and 10 thousand dollars. However, if something goes wrong, you might end up spending a lot more trying to fix it. You may also experience more delays or setbacks than you would if you left it up to an experienced professional.

How do you finance an inground pool?

Four ways to finance a pool (Skip to…)Cash-out refinance to pay for a pool.Home equity line of credit (HELOC) pool financing.Home equity loan pool financing.Personal loans or “pool loans”

Is a 15×30 pool big enough?

For a family of six to eight people, an 18 foot by 36-foot pool is recommended. This should be sufficient to avoid crowding and allow for the playing of games. Rectangle shaped pools look best for this size.

Is a pool worth the money?

Not only does a pool increase your social worth, but it can also increase the value of your home. But probably not as much as you think. According to HouseLogic, there’s no real guarantee that you’ll make your money back. In fact, adding a swimming pool may only increase your home’s value by 7%.

What is the cheapest inground pool?

Overall, vinyl liner pools are the cheapest inground swimming pools that money can buy. It’s rare to find a pool builder who can build a concrete or fiberglass pool at a vinyl liner pool price.

How much is a 20×40 inground pool?

A 20×40 concrete pool can cost you over $100,000, but this cost varies by project. Keep in mind that these are ballpark estimates.

How long does it take to install a pool?

Depending on the type of pool your considering, installing a pool could take as little as two weeks and as much as two months or more. New pool installations often come with additional landscaping components—pool deck, patio, pool house—which can add days or weeks to a full project.

What shape pool is best?

Top 10 Swimming Pool ShapesFigure 8 Pools. … Rectangular Pools. … Lazy L Pool. … Circular Pools. … Free Form Pools. … Geometric Pools. … Grecian Pools. The Grecian pool shape is famous for its wide and spacious design. … Roman Swimming Pools. Last but not the least, Roman pool shape gives an ultimate grandiose affect to any place.More items…•

How much does a 12×20 inground pool cost?

Inground Pool Sizes & PricesPool SizeVinylConcrete12x16$17,472$24,96012×20$21,840$31,20012×24$26,208$37,44012×30$32,760$46,80018 more rows