Budgeting for Your New Swimming Pool
Buying a swimming poolcan be a major investment for any family. Many people don’t realize that pools cost money beyond just the initial purchase, referred to as running costs. Before you decide to dive in, make sure the price of your ideal swimming pool fits your budget.Type. Permanent or temporary? Above ground or inground? Depending on the type of pool you’re looking for, initial purchase prices can range from $1,000-$50,000. Temporary pools – which can be dismantled and stored on a seasonal basis – are typically on the lower end of the cost scale, while permanent pools are more expensive. Prices for above ground and inground swimming pools vary widely depending on brand, construction materials, size and other factors.
Yard. Examine your yard closely to get an accurate cost in mind. Are there any barriers to installing a swimming pool such as above ground electrical lines or sump pumps? Do you have a structural fence that meets the requirements of your community for swimming pool owners? These barriers will drive up the price. Many times pool buyers do not evaluate their yard and end up spending hundreds – even thousands – more than they originally planned in order to get their pool installed correctly and meeting local building codes. Regulations are often different for above ground and inground swimming pools. If you’re not sure whether your yard needs additional work, ask your local swimming pool retailer to send out a representative for an evaluation.
Safety. Pools naturally attract people – family, friends and neighbors. Ensure that your pool is a safe, fun place for your friends and family by purchasing the correct safety equipment. This means purchasing appropriate fences, gates and locks to keep people out when the pool is not in use. A small price to pay to ensure safety.
Maintenance. To ensure your swimming pool is safe, clean and lasts as long as possible, it must be maintained. This means purchasing the proper chemicals to keep pH levels balanced and owning a cover to keep debris out of the pool and the water warm during periods of non-use. Proper maintenance can help ensure the longevity of your swimming pool and keep costs to a minimum.
Fun. One of the best parts about owning a swimming pool will be enjoying it with friends and family. Don’t forget to include a little bit of room in your budget for extras like rafts, fountains, swim fins, and other toys and accessories for adults and kids alike. A pool is a big investment, but done correctly, you can enjoy endless fun for years to come!
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