Are you considering installing a new swimming pool, but don’t know where to begin because you are still unsure about how much it could potentially cost you? Below we cover how you can effectively save money on installing a pool without comprising on quality or design.
How much it could cost?
Firstly, it’s essential to understand the foundational costs associated with pool installation. These include factors like location, pool size, type, and additional features, which will vary depending on individual preferences and requirements. The average national cost for an inground residential pool was around $40,060 in 2016, but prices can vary greatly depending on factors such as size, materials, and location. Understanding these costs helps you identify areas where you can trim expenses.
Initially, it is important to understand the foundational costs associated with installing a pool. The following factors should be taken into consideration:
- Location
- Pool Size
- Type
- Materials
- Additional features
- Individual preferences
- Design
The average national cost for an inground residential pool according to Homeguide was $35,000 on average and a range between $28,000 and $55,000
6 tips to save money on installing a pool
To optimize your budget while planning your dream pool, consider the following factors:
Size
A larger pool requires more materials and labor which will make it a lot more expensive than opting for a smaller standard-sized pool.
Location of your pool
Placing the pool closer to your home could help you save on your ongoing energy and water expenses, as well as installation costs. It also allows you and your family to access the pool quicker, which is always a win.
Choose Essential Features
Additional features like slides, fountains, and custom shapes can substantially increase the cost of building your dream pool. Though they may help to make your pool more aesthetically appealing, it’s important to start with the basics and add additional features later. Your family and friends will appreciate a well-designed, functional pool even without these add-ons, which could always be added later if you are willing to spend a bit more money.
Smart Landscaping
Although trees and shrubs can help to make your pool area look aesthetically pleasing, they can also increase maintenance costs due to falling leaves. Consider low-maintenance plants like tropical palms or shrubs to help minimize upkeep costs.
DIY Maintenance
Maintaining your pool’s cleanliness and chemical balance is crucial. Doing these tasks yourself instead of hiring a professional, can really help you to make some significant savings.
Go Basic with the Deck
A simple concrete deck can be just as functional as a more elaborate design. Start with a basic deck and consider upgrading in the future if you feel the need.
Conclusion
Planning and installing a pool is an exciting project that can be used by your family and friends to improve your lifestyle, build lasting memories together, serve as a centerpiece of your home, and even enhance your home’s value. However, it doesn’t have to be a significant financial burden, by strategically choosing an appropriate size, location, design and features can significantly help you to save costs on installing your pool.