Quick Answer: Are Inground Pool Kits Worth It?

How much does a pool add to electric bill?

Outside of the air conditioner, the pool pump is the largest electricity consumer in the average pool-containing home.

According to the study, at the national average of 11.8 cents per KWh, a pool pump alone can add as much as $300 a year to an electric bill..

What is the cheapest way to build a swimming pool?

Here are five ways to save money – whether it’s a few hundred dollars or thousands.Choose Vinyl. Vinyl pools are markedly less expensive than either concrete or fiberglass – in terms of initial price tag, anyway. … Go with a Smaller Pool. … Use a Pool Kit. … Install in the Fall. … Cut Out the Extras.Mar 13, 2016

What is the best type of inground swimming pool?

A popular choice is a gunite swimming pool because it is highly durable and it can be created in just about any shape. Gunite pools use a rebar framework that is sprayed over with a concrete and sand mixture. Gunite is exceedingly durable, so swimming pools made of this substance are built to last.

How much does a 12×24 inground pool cost?

How much does a 12×24 inground pool cost? A small vinyl liner pool that’s about 12 feet wide and 24 feet long might cost you between $25,000 (for the basics) and $35,000 for additional features like heating and fencing.

How much does it cost to install an inground pool kit?

The cost of each kit will depend on what’s included, but in general, you can expect to pay $3,000 and up. Keep in mind that you will still have to pay thousands of dollars for supplies, materials, equipment, and labor as your concrete pool kit will only provide a few basic items.

Is it cheaper to build your own inground pool?

If you buy one from a professional pool company, an inground swimming pool will easily cost you about $10,000 or more. You can build your own, and one that looks just like it was professionally designed, for less than $3,000.

Is an inground pool worth the money?

1. Real Estate Value. Despite what you may have heard in the past, YES, an inground swimming pool does increase the value of your home. … A few years ago, the National Association of Realtors stated that on average, an inground swimming pool will increase a home’s value by 4–6%.

What is the cheapest inground pool?

premade fiberglass shellGo for a premade fiberglass shell, which typically runs $20,000 to $40,000, for the cheapest inground pool.

What is the cheapest inground pool cost?

The truth is that inground pools are not cheap, but they don’t all cost $60,000 to $100,000 to build….Average Starting Costs for Inground Pools.Pool TypeAverage Starting PriceFiberglass$40,000Concrete$50,0001 more row

How much do your taxes increase with an inground pool?

Pool Taxes For instance, property tax increases on a $30,000 in-ground pool can be as high as $600-$800 per year in many communities. Keep in mind that this can also become an issue down the road if you decide to sell your home.

Why are inground pools so expensive?

This is the ultimate answer to the question “why are pools so expensive?” They are expensive because they are large, involve a lot of different components, and take a lot of skill and effort to install.

How can I save money on my inground pool?

How to save money with your swimming pool purchase in 2021Wait on the heater.Add more patio later.Size isn’t everything.Plumb for the slide or water feature.Install the cover at the end of the season.Jan 2, 2021

Can you finance an inground pool?

In a Nutshell If you want to build a swimming pool, you might be considering pool financing — meaning some kind of loan or credit you can use specifically for the project. Options can include unsecured personal loans, home equity loans, HELOCs or financing through a pool dealer.

How much does a heated inground pool cost?

An inground pool heater costs $550 to over $10,000, with another $400 to $500 for installation. The difference in prices for inground pool heaters is primarily how much water you need to heat, and what the rise in temperature is from the average coldest temperature to the desired water temperature.

Can I build my own inground pool?

DIY pool installation is hard work but not difficult; and after the job is complete you can be proud to say you built your own inground pool. All of your family and friends can now enjoy your hard work in the backyard escape you designed and built.

Does putting in an inground pool increase home value?

How much value does a pool add to a home? The experts are a split on how much a pool can contribute to a home’s value. One HouseLogic study suggests an increase of 7 percent, at most, under ideal conditions, while HGTV reports that the average inground pool can up your property’s value by 5 to 8 percent.

What brings down property value?

Your home’s value drops when you neglect repairs and updatesDeferred maintenance. If it ain’t broke, it can still lower your property value. … Home improvements not built to code. … Outdated kitchens and bathrooms. … Shoddy workmanship. … Bad landscaping. … Damaged roofing. … Increased noise pollution. … Registered sex offenders close by.More items…•Jul 23, 2020

Is a pool a bad investment?

Not only does a pool increase your social worth, but it can also increase the value of your home. But probably not as much as you think. According to HouseLogic, there’s no real guarantee that you’ll make your money back. In fact, adding a swimming pool may only increase your home’s value by 7%.

How can I afford a pool?

What sources are available to finance a pool purchase?Finance a swimming pool through a bank. … Use a credit union to borrow funds for a pool. … Pay for all or part of the construction with a credit card. … Finance your backyard resort with a home-equity loan. … Draw against a home equity line of credit (HELOC).More items…•Jun 27, 2016

How much does it cost to maintain a pool a year?

Annual Cost to Upkeep a Pool. Expect to spend between $1,200 and $1,800 per year in basic upkeep. Combined with swimming pool repairs and utilities, homeowners can spend as much as $3,000 to $5,000 per year to keep it in good, working condition.

How much does it cost to excavate a pool?

Excavation of a hole for a 16×30-foot pool can cost $1,000 to $2,500 if heavy machinery can get into your backyard easily. Problem sites, removal of big trees and rocky soil can raise the cost of excavation to $10,000 and more. Inground pools are made from concrete, fiberglass or with vinyl liners.