How to Budget for a Custom Swimming Pool

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With pool and hot tub revenues up by 10% or more, it’s a hot time to be thinking about adding a swimming pool. But if you’re looking into pools, you might be deterred by the cost. Don’t be!

Stick around to learn how you can make your budget work for a custom swimming pool!

Know Why You Want a Pool

Are you hoping to create a leisure oasis in your backyard? Or do you want a pool that will let you get in some laps and exercise? Before you break ground on a pool, know the purpose it will serve.

An in ground pool can cost $30,000 or more. For a more budget-friendly option, choose an above-ground pool. You can get a kit and install it yourself for around $2,000 with the help of some friends.

With either type of pool, the materials will affect the cost. So, if you’re hoping for a long-lasting pool, you’ll want to save up for better-quality materials that can hold up for a few decades.

A steel frame, for instance, won’t set you back as much as aluminum. Similarly, expandable liners will cost more than vinyl ones will. And you’ll need to plan on replacing liners or resurfacing concrete every 5 years or so.

Look at Shape and Size Options

You might not be surprised to learn that larger pools cost more. The excavation process will take longer on a bigger pool. And if you have uneven terrain or vegetation, it will be trickier to clean and make level.

And yes, the shape of your pool will impact your custom pool cost. Are you thinking of a rectangular pool? You’ll need to pay more since these pools need additional supports to hold their shape.

Round pools, by contrast, are the cheaper option for your budget. They are simpler from an installation standpoint, though their oval counterparts are pricier. Like rectangular pools, oval pools need supporters inserted into the ground.

Consider Immediate and Ongoing Costs

When you invest in a new pool, you’ll have upfront and maintenance costs to anticipate. Maintenance costs include running a pool filter and committing to monthly cleaning. Be aware that running the pool filter will increase your electric bill.

Additionally, you’ll need to winterize your pool before you shut it down for the winter. You’ll do this by adding chemicals and draining it to avoid algae build-up.

And, of course, you’ll want to spruce up the area around your pool. Factor in the cost of decking, lounge chairs, and landscaping.

As you get started, your best bet is to look at quotes from contractors. Turn to Liquidassetspools.com to find a reputable custom pool builder. They can provide 3D renderings of new pools or help refurbish an existing one.

Create the Best Custom Swimming Pool

Investing in a custom swimming pool is a great way to upgrade your property. Just be sure to weigh the size and purpose of the pool before signing a contract with a builder. And look at materials and ongoing maintenance costs as you map out a budget.

Find more tips to enhance your property. Check back soon for new articles!