How Much Does Inground Pool Cost To Maintain – There are many changes you can make to increase the value of your home. You can consider updating or renovating the interior of your home with some classy upgrades. And then there’s the much-loved swimming pool. Not to mention it’s the right size and you live in the right place, you’re willing to put in the time and effort to keep it in good shape.
But before you consider a pool, it’s important to weigh the cost of installing and maintaining a pool against its true efficiency and value. Read on to find out some of the factors you should consider in addition to the installation and maintenance costs of this expensive addition to your home.
How Much Does Inground Pool Cost To Maintain
Most of us dream of owning a swimming pool. After all, it represents an expensive lifestyle. Who hasn’t dreamed of lounging on a lounge chair by the pool with a cocktail in hand? But if you’re thinking of setting one up—and you’re serious about it—it’s a good idea to find out if it really makes financial sense.
Taking The Plunge: How Much Does An Inground Pool Cost To Build In Your Backyard?
A pool is a great addition to any home. But it makes more sense if you live in a warm climate or an area with short, mild winters. Why invest if you can only invest a few times a year? Also, if you live in a decent neighborhood, it’s pretty easy. There’s a good chance other properties in your area have a pool, giving potential buyers an apples-to-apples comparison if you decide to sell.
Now, let’s look at the costs associated with owning a pool. According to HomeAdvisor, the cost to build a pool ranges from $22,000 to $53,000, with a national average of about $37,530. These figures include both above-ground and above-ground pools.
Then there are the pool maintenance and upkeep costs. Depending on the size and type of pool, you can expect to pay up to $7,000 for heating and filtration. Then there are other things, such as:
HomeAdvisor estimates that the cost of operating an indoor pool ranges from $700 to $5,000 per year.
Maintaining A Concrete Pool
If this doesn’t put you off, but you still want to save money, then consider upgrading from a large pool to a smaller pool – perhaps a cocktail, lap or splash pool. Equipment also affects the price. While concrete lasts longer, it costs more than a vinyl or tile covered pool. A fiberglass shell will reduce your costs significantly, and going layer by layer will reduce the price even more.
A pool not only increases your social value but also the value of your home. However, the increase may not be as much as you think. According to HouseLogic, there is no real guarantee that you will get your money back. In fact, adding a pool can increase the value of your home by 7%. This, of course, depends on many different factors, including your location. Living in a beautiful area with warm weather will definitely help get your home and pool seen by potential buyers. But it’s also important to still have a backyard for other activities. A pool that takes up the entire backyard may be a turn off for most buyers.
There are other factors that determine whether you get a return on your water investment, including the condition of the pool, the type of pool you have and its age. If you have an old pool that is in bad shape and doesn’t match the style of your home or neighborhood, many people are likely to ignore your home.
Remember, you may love the pool, but not everyone does. Many parents may see this as a safety hazard for their young children. So a pool may limit potential buyers when it comes to selling your home.
Inground Swimming Pool Maintenance Costs: Chemicals, Electricity, And More
If you really want a swimming pool, you should weigh the pros and cons of having one in your home.
Let’s first look at some of the benefits of owning a pool. If you pay to invest in one, you’ll probably be one of the most popular people in your neighborhood or community—especially if you’re the only owner. A pool provides a great place to enjoy with family, friends and other guests.
It provides a place for you and your family to swim in the summer, if it’s an outdoor pool – or all year round, if it’s an indoor pool. Aside from maintenance costs, you don’t have to pay for a YMCA membership or burn gas to get to a community pool. And it is not comfortable but private – not shared with strangers.
Having a pool at home offers a way to cool off on hot summer days. This helps save money during the heat, reducing cooling costs.
How Much Does Pool Maintenance Cost? (2023)
Aside from the initial installation cost and ongoing maintenance costs, some of the disadvantages of owning a pool can include:
A big factor to consider is how long the pool will be used. You are spending a lot of money, so you need to ask yourself if you are getting your money’s worth for an investment that you will only use a few months of the year. Sure, you’ll find accommodations for trips to the beach and community pools, but how often do you take those trips? Are you in the pool every day? Once a week? Every week? Before making a decision, take the time to carefully consider your options.
Having a pool can increase the value of a home by 5% to 8%. This is higher if you live in a warmer state like Florida or Texas; If pools in the neighborhood are the norm; And the better it is designed in your yard, the more space it leaves.
In addition to regular cleaning (at least weekly), vacuuming and brushing of walls, floors and steps, maintenance should include chemical testing and inspection of filters and equipment.
Average Cost Per Year For Michigan Inground Pools
Experts recommend a depth of less than six feet. In regards to size, here are some guidelines:
Think carefully before hiring a contractor to demolish your pool. Do expenses exceed income? If you live in a tropical area where neighboring homes also have pools, a pool can add value to your home. But if you live in an area without community pools, you may end up with a negative return on investment (ROI) for installing a pool. If so, don’t waste tens of thousands of dollars on worthless investments. If the opposite is true, consider looking into some of the best consolidating loans to finance this long-term investment.
Disclaimer: The opinions presented are those of the Real Estate Advisor and are subject to change at any time due to changing market or economic conditions. Comments should not be interpreted as a specific recommendation of any property or market sector. This material does not constitute legal, tax or special accounting advice. Please consult a professional for this advice.
And HomeAdvisor may or may not have a direct or indirect advertising relationship. This post is not paid for or sponsored by HomeAdvisor and is excluded from inter-company advertising partnerships. The opinions expressed are solely those of HomeAdvisor and their authors.
Here’s How Much A Pool Will Add To Your Home’s Value
Authors should use primary sources to support their work. These include white papers, government data, background reports and interviews with industry experts. Where appropriate, we also cite original research from other reputable publishers. You can learn more about the standards we follow to produce fair and unbiased content in our editorial policy.
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By clicking “Accept All Cookies”, you consent to the storage of cookies on your device to enhance site navigation, analyze site usage and assist in our marketing efforts. The cost of the pool is $122 per month, or an average of $1,400 per year. For a one-time cleaning, expect to spend $250 or more, depending on the size and type of pool you have.
$80 – $150 Average monthly maintenance cost $300 – $550 Pool opening or closing cost
Inground Pool Costs And 4 Ways To Save
Pool costs range from $80 to $150 per month or $960 to $1,800 per year. For a first-time pool cleaning service, expect to pay an average of $150 to $350. The annual cost of owning a pool, including maintenance, repairs, electricity and water, is $3,000 to $6,000.
It costs $300 to $500 to open or close a pool. Depends on the cost of the repair
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