Understanding Inground Pool Cost and Prices
As a prudent homeowner, whether you are building a brand new home from scratch or are interested in making an upgrade to your existing property by having a swimming pool installed in the backyard, you won’t want to break ground until you’ve done some research into what’s involved in creating a pool. What follows is an introduction to pool contractor costs and prices, so you can make a more informed decision on the purchase of your inground pool.
Determining the Size, Shape and Depth of Your New Inground Pool
You’ve already decided that you want an inground pool for your family, not only because of all the fun you’re looking forward to with friends and relatives, but also because you are interested in improving the value of your home.
A pool is also a great way to keep fit, since swimming will keep you conditioned while burning off calories. It’s no wonder then, that swimming is ranked as the 4th most popular sport in the United States, according to Swim University.
The average cost to build a new inground swimming pool in the United States is about $22,524, according to the latest figures from HomeAdvisor. Pools being built nationwide currently range from $10,887 to $34,777, depending on a range of options. A figure of $22,000 is what Americans pay for a pool measuring roughly 16 feet by 32 feet, according to a report from Realtor.
The final pool cost will greatly depend on a range of characteristics you will select in consultation with your pool contractor.
Keep in mind that if you go beyond the standard types of pools commonly found in your neighborhood, there will be added expenses. For example, kidney shapes and other unique shapes can increase the cost of a pool beyond what your initial budget called for.
Inground Pool Builder Materials
An inground pool starts with the liner, which is typically made out of fiberglass (starting at $31,400) or vinyl (starting at $25,700), according to Fixr. A poured concrete pool will cost about $20,000-$30,000 too, according to Angie’s List.
Comfort and Cleanliness
If you don’t like stepping into a bathtub full of cold water or heading out to the shore for a dip during winter, chances are that you will want your new swimming pool to come with heating.
What’s more, to keep the pool fresh and clean 24/7/365, you’ll need to invest in a filtration system that is up to the challenges of a round-the-clock workload. This is an area of your budget where it’s a good idea to get advice from your contractor about which type of setup will result in lower maintenance and repair costs.
A swimming pool is more than a body of water. For a better experience, many homeowners prefer to include extras such as a small, separate kiddie pool as well as a whirlpool that they have attached to the main inground pool. You might want to add a diving board or even a slide to make the pool more fun for all.
A solar heating system for your pool will typically start at $5,000, noted Fixr, and you will want to consider solar if heating your pool because of the expense involved in purchasing electricity from the local utility.
Average costs for extras according to a report from Realtor are:
- Deck: $2,000 – $6,000
- Diving board: $500-1,000
- Hot tub: $4,000 for a two-person tub and $8,000 and up for a model seating six people
- LED lights $900-$1,200 per bulb
These will all add to the inground pool price, so discuss such features in advance when scoping out the details of your project.
Bringing it All Back Home With The Lowest TCO for Your Inground Pool
In order to get the lowest total cost of ownership of your pool, you’ll need to find reputable pool builders who have not only plenty of experience developing swimming pools in your community, but a good track record too. Asking around for reviews from satisfied neighbors is a good first step, to be sure. You’ll also want to check a potential pool contractor’s background through services such as the Better Business Bureau as well as look up the contractor’s license with your local regulatory officials.
The satisfaction you obtain from the new inground swimming pool will only be enhanced by the knowledge that you worked with good pool builders at a fair price to finish the work on time and within the established budget.
HomeAdvisor: How Much Does It Cost To Build A Swimming Pool?
Fixr: How much does it cost to build a swimming pool?
Angie’s List: How Much Does It Cost to Install a Pool?
Realtor: Swimming Pool Prices: Know How Much Before You Dive In