Did you know that there are 10.6 million swimming pools in the U.S.? Rightfully so since swimming isn’t just relaxing but a great way to cool off! Are you thinking about getting a pool but aren’t sure it’s worth the investment?
In this article, you’ll learn about the cost of an inground pool and why it’s worth every penny. Read on to discover the many benefits of owning an inground pool and why you won’t want to miss out.
Is the Cost of an Inground Pool Worth It?
The cost of an inground pool can vary but most homeowners spend about $37,022 to $46,031. The installation includes the:
- Type of pool (concrete, fiberglass, vinyl)
- Location
- Custom features such as diving boards
- The size
- Permits
The great news is if you don’t have $40,000 to throw down on a pool right now, there are excellent financing options to make your dream a reality.
Before you go on thinking that’s a pretty penny, do know that a pool does increase the value of homes and brings families together. If you ever decide to sell your home, homes with pools are much more desirable.
Whether you want to relax after a long hot day outside, or have a relaxing place for your kids to play and have fun, there’s something for everyone.
Types of Inground Pools
There are 3 types of pools which include a concrete, fiberglass, and vinyl pool. Concrete pools are pristine and beautiful to look at, but are the most expensive option. Vinyl lined pools are the lowest cost of materials. The one drawback of vinyl though is they’ll have to be replaced sooner than other liners.
If you’re looking for a quick and ready-to-go pool, then fiberglass is for you. Fiberglass and vinyl pools also require fewer chemicals than concrete. One drawback of fiberglass is they’re limited in shape and size.
Fiberglass can be just as much as concrete in certain cases.
When determining what pool is best for you, it’s important to keep in mind the liner you’ll be using. The base cost of a liner is not including preparation of the site, or features you’ve selected to build your pool.
Inground swimming pool liners normally cost between $400-$2,300 depending on the size of the pool. An average 14′ X 28′ inground pool liner is $500-$800. A 20′ X 40′ can be between $950 to $2,000. If you opt with a thicker liner, they cost $300-$400 more but last longer.
Pool liner thickness is measured in MIL which is 1,000th of an inch. There are pros and cons to each depending on thickness. A pool expert can help you pick out the correct liner thickness.
They’re Great Exercise
Did you know that you can burn between 400-950 calories per hour swimming? If you don’t have time for the gym, head to your backyard for a great workout. Swimming is an excellent aerobic exercise for both children and adults.
Ultimate Staycation
Forget about spending money on a trip you don’t need, and have the ultimate staycation with your family. A staycation means you have an at-home vacation. When you have an inground pool, it’s like staying at a resort without paying for the travel and hotels.
Improved Mental Health
Sure, it’s great for physical exercise, but it improves moods as well. Not only does it decrease the risk of chronic illnesses, but it improves mental health as well.
Tax-Deductible
If you decide to take out a home equity loan for buying your pool, the interest could be tax-deductible. Speak with an accountant or tax preparer to see if you’d qualify.
Decreased Lawn Mowing
An inground pool takes up more room so you won’t have to worry about mowing as much of your lawn. After you mow your lawn, you can cool off by jumping into your luxurious pool.
Hello Relaxation
Do you just want to forget about your long day and relax having all worries melt away? When you have an inground pool, you’re creating a nice and relaxing space in your backyard. Even if you decide not to go in, you can relax by the pool and get some sun.
Bring Your Family Together
Would you love to have an activity your whole family can bond doing? A pool is a great place for children, teenagers, and adults. You don’t have to worry about your teens running off getting into trouble because they can hang out with their friends in the pool.
It can also bring your family together, an activity all can enjoy.
Easy Financing
If you think your dream pool isn’t obtainable, think again. There are plenty of financing options so you can pick the perfect payment plan for you and your family.
All Eyes on Your Yard
Would you like an improved look to your yard that will be the envy of the neighborhood? Installing an inground pool is a great way to really improve the look of your yard. Neighbors and friends won’t be able to stop looking at the beauty of your yard.
Next Steps
Having an inground pool is an excellent investment for not just you but your entire family as well. If you’re worried about the cost of an inground pool, check out different financing options. Also, keep in mind all of these great features of having an inground pool.
Are you ready to install the pool of your dreams? Contact us today for a free consultation, and we will make sure you receive the most luxurious and relaxing pool.
