What is the reason behind the high cost of swimming pools? It's true pool prices are going up and that pool manufacturers have begun to charge more. Is it possible to make owning a pool more affordable? While pools are costly, there are several ways to reduce the price and make pool ownership more accessible to the average individual.
When you look at the costs of owning or creating a pool, you'll notice that there are several ways to save money. Please note that I mentioned cutting expenses, not quality, because there are some things in life for which you should pay a premium, and swimming pools should be one of them. A well-built pool might be inexpensive, but a poorly-built pool will cost you the most!
Pool Building & Installation
We should divide this topic into building / installation and maintenance / repairs to learn more about why swimming pools are so expensive. The truth is that these two topics are inextricably linked; nevertheless, those searching for "why are pools so expensive" will either desire a pool or already have one, making it easier for them to find what they're looking for. If you already have a pool and want to save money, proceed to the next step. However, it is advised that you read the construction / installation section because it will cover many of the flaws in your present pool.
Inground Pool Costs 2021
Using a pool cost calculator we can tell how much an inground pool costs varies tremendously based on where you are physically located. In one part of the country, a $60,000 gunite pool might cost $100,000 to install in another part of the country. Because the scale of a swimming pool installation closely mirrors that of house construction and real estate development, there is significantly more variation than with conventional consumer purchases. How much an inground pool should cost is usually determined by the cost of real estate.
One of the reasons a pool may be so expensive in your location is that real estate prices are high, allowing for more dollar values to be spent on property upgrades like a pool. A pool does not improve real estate value, partly because it limits the number of possible purchasers interested in your home, but if your house and property are worth a million dollars, you might be able to justify $125,000 for a swimming pool even if you did have to take out a pool loan. If the house and property are only worth $125,000, the market for $100k+ pools in this location will be minimal, and pool dealers will have to cater to very budget-conscious pool buyers.