Having a pool in your backyard is visually appealing and fun! But did you know that a pool can increase your property value? This means your home can sell for more than you bought it for. Read about Cost to Build a Pool below.
And who doesn’t want that? This all may sound great. However, you probably still have some questions. Like how much does it cost to build a pool?
And how long does a pool installation take? If you’re ready to get all of your important questions answered then keep reading!
Cost to Build a Pool
The average cost of a pool depends on a few factors. For example, a residential pool that is above ground can cost anywhere from $2,000 to $5,000. However, a residential pool that is underground will cost a lot more!
Usually, an underground pool installation will cost anywhere from $25,000 to $55,000. And these prices don’t include the costs of maintaining a pool and repairs.
Pool Maintenance Costs
Installing a pool is one thing but maintaining it will bring in some costs. For example, the cost of maintaining an average-sized pool is around $3,000 to $5,000.
And these costs will include any repairs, electricity costs, water bills, and maintenance. However, for above-ground pools, the cost of maintenance is usually around $1,000 to $2,500.
These prices can be lower if you choose to DIY pool maintenance and cleaning. However, you will need to buy the necessary equipment to properly care for a pool. This is why many homeowners opt for professional cleaning and maintenance.
Other Factors to Consider
Aside from the costs above, there are other variables that may affect the price of a pool installation. For example, for those who want a heated pool. The overall cost may be more expensive. But homeowners get more use out of their pools.
And there is also more on heated pool benefits. For example, heated swimming pools are safer for the body as colder water can be damaging to the respiratory system.
Also for above-ground pools, the overall price will increase if you choose to have a deck as well. Typically the price to build a deck will be around $2,000 to $12,000.
Will a Pool Significantly Increase My Water Bill?
The cost of your water bill will depend on your location, your filtration system, and the size of your pool. However, on average your water bill will increase by $6 to $25 per month.
And per year, the cost of your water bill will increase by $50 to $300. But don’t be alarmed by these increases as they are normal. Especially during the summer when water evaporates at a higher rate.
Typically, a gallon of water will cost around 0.002 cents to 0.011 cents. But be aware that these prices can change, based on your exact location.
Get a Pool Today
Now that you know the cost to build a pool, you can start your breaking ground! Overall, the cost of a residential pool is affordable when compared to other home improvements. And if you ever decide to sell your home, you can potentially earn back your money!
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