How Much Does a Home Swimming Pool Cost on Average?

2294

Do you dream of escaping the summer heat by swimming in your pool? Whether in the backyard or installed indoors, a pool adds elegance and luxury to any home.

Perhaps you have thought about installing a home swimming pool for a while now, but you’ve got a question: How much does a swimming pool cost?

Don’t worry. We got you covered! Check out our guide on the cost of a swimming pool below!

Breaking Down the Cost of a Pool Installation 

Advertisement

The initial expense of installing a pool will vary greatly, depending on size and materials. On average, a basic in-ground pool costs about $20,000-$50,000. This is just a rough estimate and will vary.

The Accessories

Pool liners, pool covers, and other accessories will also increase the cost. Moreover, pool costs can be increased with heating, lighting, filters, pool covers, and automatic cleaners. Features such as a slide, diving board, in-ground steps, and hoists can also significantly increase the cost of a home swimming pool.

Type of Construction

The type of construction is another factor that influences the price, such as concrete, fiberglass, or vinyl-liner. Permits, excavation, fencing, and electrical/plumbing work can add to the overall cost.

The Specifics

The specifics of the pool will also influence the price. A custom swimming pool, including waterfalls, integrated seating, and decorative tiles, can add a few thousand dollars to the cost.

How to Cut Costs for Installing a Swimming Pool

Get multiple quotes from installing pool companies to find the best combination of prices, quality, and services. You can select materials that may be slightly lower in cost but still have a look and feel you desire.

You might decide on a smaller pool, either in terms of length or width, to minimize the price. An above-ground pool or a smaller inground style can also be less expensive.

Financing Options for Swimming Pools

Financing options for swimming pools include home improvement, home equity, and personal loans. Home improvement loans are typically the most popular option for swimming pool financing as they require no collateral, have low-interest rates, and offer flexible repayment options.

Home equity loans are also an option. However, these typically require collateral, have higher interest rates, and have a slight risk of losing the home in case of a default. Lastly, personal loans can also be used to finance a swimming pool; these loans require no collateral and offer flexible terms, but interest rates tend to be higher than other financing options.

Explore Home Swimming Pool Installation

The average home swimming pool cost depends on various factors, ranging from a few thousand to several tens of thousands of dollars. If you’re considering investing in a swimming pool for your home, it’s important to do extensive research and figure out the cost that best fits your budget.

Did you find this article about a home swimming pool helpful? If so, then be sure to check out the rest of our blog for more related content!