Although swimming pools are great add-ons to your property, installing these spectacular features can be expensive. The cost to have someone install a pool for you varies depending on various factors. Some of the factors include the type of pool, the contractor for the job, among others. Today, there is a wide range of pool designs, types, and sizes. Each varies in price. So, before you install a pool, conduct thorough research to find your most suitable option. In this article, we take a look at the costs of installing a pool.
Average cost to install a pool
Typically, homeowners end up spending about $1,000 to $55,000 during pool installation. At present, there are two significant categories of pools; inground and above ground pools. Above ground pools are cheaper, and their prices range from about $1,800 to $8,000. Needless to say, the cost can be more; it all depends on the type of above ground pool. On the other hand, inground pool installation costs begin from $35,000.
Inground pool installation costs
Over the years, inground pools have increasingly become popular among most homeowners. I mean, they are more durable compared to above ground pools. Currently, there are three main types of inground pools. And each of them has varying prices. They include concrete, vinyl, and fiberglass pools. Concrete pools are well known to be the most expensive, while vinyl pools are the cheapest. Even so, vinyl pools do not offer as much longevity as concrete pools.
· Cost to install a fiberglass pool
Fiberglass pools are now becoming popular for most aspiring pool owners. These pools are medium-priced; their price is less than that of concrete pools and higher than that of vinyl pools. On average, it costs about $18,000 – $65,000 to install a fiberglass pool. Fiberglass pools are advantageous because they incur fewer maintenance procedures and costs. Thus, they are a reasonable pool option if you wish to spend less on lifetime costs.
· Cost to install a vinyl liner pool
As mentioned earlier, vinyl liner pools are the cheapest. Thus, most aspiring pool owners under fixed budgets always opt for this pool alternative. It costs about $25,000 – $45,000 to install a vinyl liner pool. However, you have to note that these pools need liner replacement after four to six years. And this costs about $4,000. So, always be prepared for high lifetime costs with these pools.
· Cost to install a concrete pool
Concrete pools carry a wide range of benefits to their users. Nonetheless, their high initial costs can be intimidating for aspiring pool owners. Concrete pools can cost over $100,000. It all depends on the design of the pool. Usually, the more complex the design, the more expensive the concrete pool. Experts report that, on average, concrete pools cost approximately $29,000 – $60,000. Despite their high costs, concrete pools offer high versatility. Concrete is highly adaptable; thus, you can customize it to meet your preferred size and shape. The majority of world-class pools are concrete pools.
Saltwater pool installation costs
Occasionally, some homeowners prefer installing saltwater pools to reduce the use of chemicals. Saltwater pools do not require the chemical addition of chlorine for disinfection. Instead, they break down salt into sodium and chlorine naturally into the pool. These pools are more costly compared to standard pools. Installing saltwater pools costs approximately $29,000 to $57,000. Even so, note that not all pool types can be saltwater pools. Gunite/ concrete pools tend to wear out when incorporating salty water. If you want to upgrade from chlorine to a saltwater pool, you will spend approximately $600 to $2,200.
Cost to install a lap pool
Unlike standard pools, lap pools have more depth. Lap pools are ideal for professional swimmers. They help you exercise and practice for upcoming swimming competitions. Thus, these pools provide excellent functionality and aesthetics. When installing a lap pool, homeowners end up spending about $20,000 to $70,000. The best thing about these pools is that they incorporate fewer maintenance costs.
Cost to install an Indoor Pool
Indoor pools offer great functionality in areas where it is cold throughout the year. Of course, the price of an indoor pool will depend on the type of pool you choose. But generally, indoor pools are more costly compared to outdoor pools. Besides, they incorporate high energy costs due to their high evaporation rate and need for a heater. Concrete indoor pools cost about $220,000 or more. It depends on the size and design of the pool. On the flip side, vinyl liner indoor pools cost approximately $110,000 for installation. One of the main advantages of indoor pools is that you won’t have to spend much time cleaning the pool. Remember, the pool does not get exposed to dirt, sunlight, and other debris. Consequently, you will use fewer chemicals and cleaning equipment with these pools. Ultimately, indoor pools are worth the installation if you live in cold areas.
Building a pool enclosure costs
Indisputably, indoor pools are relatively expensive. If you don’t have sufficient funds to construct an indoor pool, consider building a pool enclosure. Generally, a pool enclosure acts like a fence or screen encompassing the whole pool. This way, even though the pool is outside, you protect it against harsh weather conditions. The installation costs of a pool enclosure vary from $4,000 to $14,000. Of course, the costs mostly rely on the size of the pool enclosure.
Cost to install a pool on a budget
What should you do if you want to save money during pool installation? More often than not, aspiring pool owners have fixed budgets. But they should not forego their pool dreams just because they have a tight budget. There are so many techniques you can incorporate that will help you cut down on installation costs.
- If you are looking to save money, consider constructing a small pool. The cost to install a pool often depends on the size of the pool. Doing this helps you save a few dollars during pool construction.
- You can always choose an above ground pool over an inground pool. Contrary to popular belief, above ground pools offer excellent functionality and aesthetics. With an above ground pool, you’ll end up spending an average of $2,800. But if you want an inground pool, a semi-inground pool is also an excellent alternative.
- Always avoid additional water features if you want to save. Extra water features boost your pool’s aesthetics. Nonetheless, they can cost you thousands of dollars. You can install pool water features after some time.
- Another way to help you save on pool construction costs is to put up a very shallow pool. Shallow pools do not require a lot of excavation. Thus, most contractors will charge you less for this.
Are there swimming pool financing options?
Fortunately, most financing institutions offer swimming pool loans. So, if you wish to build a swimming pool and have insufficient funds, you can always obtain a loan. Some of the pool loans offered include home equity loans and personal loans. Conduct thorough research to find the best pool loan that caters to all your requirements.
The cost to install a pool varies depending on the pool’s size, type, and design. So, before you install a pool, know the exact pool construction costs you need to incorporate.