What Is The Average Cost Of A Pool
There is no definitive answer to this question as the cost of a pool can vary greatly depending on a number of factors, such as the size and type of pool, the materials used, the location, and the company constructing the pool. However, we can provide some general information about the average cost of pools to give you a better idea of what to expect.
The average cost of an inground pool is anywhere from $20,000 to $80,000, with the majority of pools falling somewhere in the middle of that range. The average cost of an aboveground pool is typically much less, ranging from $1,500 to $10,000.
There are a number of things that will affect the cost of your pool. The first is the size of the pool. A smaller pool will obviously cost less than a larger pool. The type of pool you choose will also play a role in the cost. Inground pools can be made from a variety of materials, including concrete, vinyl, or fiberglass. Each material has its own benefits and drawbacks, and the cost will vary depending on the material you choose.
The location of your pool will also affect the cost. If you live in an area with a high water table, you’ll need to dig a deeper hole for your inground pool, which will increase the cost. Additionally, if you live in an area with cold winters, you’ll need to factor in the cost of a pool cover to keep your pool from freezing.
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Coronavirus And Its Impact On The Swimming Pool Industry
The world was not prepared for the widespread lockdowns justified by COVID-19. While most swimming pool companies stayed busy as essential workers, the same cannot be said for all the manufacturing companies that make the equipment, tools, chemicals, and other supplies. That also applies to shipping companies, which have raised costs and delays are everywhere. These impacts from COVID-19 are soon to be felt by everyone down the supply chain.
Should You Buy An Inground Pool
I have found personally that when I buy something, I find a way to pay for it. If I couldn’t pay for it, then it would reflect in my credit score and I would not be able to finance anything anyway.
With so many people being upside down on their homes with equity, it is harder to get a loan for a swimming pool, but not impossible. We still have people buying fiberglass swimming pools, they are just not getting as many options as they use too.
But a lot of people are investing in their homes with the addition of a beautiful fiberglass swimming pool with the realization that they are going to be living there longer now than anticipated, and they want their home to be a place they can enjoy inside and out.
More people are staying home instead of traveling abroad, and even those that have community pools recognize that your own fiberglass pool is so much better to have. The kids will be at your house where you can watch them and know who their friends are, plus you can swim when you want.
Want to see about how much your fiberglass pool might cost with all your favorite accessories?
Use our Design and Price Tool to walk through your options and approximate price!
Community pools and public pools open on Memorial Day and close on Labor Day, when Mother Nature generally shows she can get hot before Memorial Day and stay hot well after Labor Day.
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The Demand For Swimming Pools Has Begun To Decelerate
It appears the spike in demand for swimming pools has begun to reset to pre-Covid levels. Across the board, pool stocks are sliding on a scale to indicate that the pandemic-driven market for building a pool may be over.
Many of the economic conditions that created a spike in demand have begun to recalibrate as more and more Americans are returning to the office. Limited options to travel helped spur pool sales which led to an increase in revenue in that sector. Those quarantine conditions are now evaporating as many countries have begun to lift their Covid-19 restrictions.
Refinancing Your Mortgage For An Inground Pool
Have you built up some equity in your home? By refinancing your mortgage, you can leverage your equity to finance your inground pool. And because mortgage rates are usually lower than other financing options, you can save on interest.
For example, if your property is worth $300,000 and the balance of your mortgage loan is $210,000, you’ve accumulated $90,000 in equity.Refinancing your mortgage loan lets you borrow back up to 80% of your property’s value. In our example, you could refinance up to $240,000, or 80% of the property’s value. Since your mortgage balance is $210,000, youd have $30,000 to use for your inground pool.
Talk to one of our advisors to see if this option works for you. If youre ready to apply for refinancing, complete this quick application form.
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Will Pool Prices Go Down
In a 20+ year career as a pool designer, I have never seen prices go down. Even after the financial collapse of 2008, pool prices were not slashed. There may have been a few incentives offered, but nothing more than a 2-5% discount at best. It didnt take long after for prices to continue heading skyward due to the cost of materials, including fuel, steel, and cement.
Swimming Pool Cost Breakdown By Size
While the average inground pool is 14 x 28, you might want something larger or smaller. You might not have enough space for a pool of that size, and if you decide to get a concrete pool, youll have a lot more control over how you fit the pool into your yard.
That said, this chart will break down each size and the average costs associated with the size and materials used. Remember that these are rough estimates, and you should not take them as direct figures. Many factors will cause these prices to fluctuate.
| Pool Size |
| $104,269 |
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Will Chlorine Prices Go Back Down
Industry pundits and analysts know what caused prices to spike. Thats never been the issue. The question that remains to be answered: When will chlorine prices go back down? The answer is, they wont.
While chlorine prices are expected to stabilize somewhat within the next year, rising costs, inflation, and an increase in consumer demand will keep chlorine prices high well into next summer and the immediate, foreseeable future.
The Advantages Of Installing A Pool In The Offseason
When spring rolls around, many homeowners start to plan home renovation projects. For those who have decided to finally act on their dream of owning a swimming pool, those plans naturally include figuring out the cost of a new inground pool by contacting local pool contractors. Demand for pool installations continues to soar into the summer, when contractors are at their busiest.
Contrast this with fall and winter, the low points for pool installation. Pool contractors usually have to reduce their workforce during this time of year, as the competition for scarce pool projects becomes fierce. High competition often means contractors are willing to lower their prices to try to win contracts. You can often get the best deals on pool equipment, too, as suppliers try to clear out their inventory.
There are other advantages to waiting until the offseason as well. With a more relaxed schedule, builders may be more careful with their work, rather than rushing to get things done so they can move on to the next project. You may also have more time to spend supervising the project an activity that you might enjoy during the cold months as you anticipate having your pool ready for the first day of summer.
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Backyard Lagoon Pool Costs
A lagoon pool costs $50,000 to $150,000, or between $70 and $110 per square foot depending on the complexity in the design of your pool and the degree of landscaping you want to augment the design. Lagoon pools are perfect for homeowners looking to have something more tropical in appearance for their backyard escape.
Should You Buy A Swimming Pool In The Fall
We often hear people say its better to buy a swimming pool in the off-season, such as fall or winter. Their reasoning is that youll find better deals during this time, because the demand is lower and people are no longer thinking about pools. But this isnt necessarily true.
A lot of factors go into the cost of your pool, beyond the time of year when you put down the deposit. While sales promotions and financing offers pop up throughout the yearand by all means, take advantage of them when they doyou have many other things to consider beyond the price.
Our advice: buy a swimming pool when youre ready. Dont assume prices will go down next season or that some amazing deal will come along. Instead, use your budget and your desired timeline to determine when to get started on your dream pool.
Here are some tips:
Dont wait: If youre ready to buy a pool now, then dont put it off. Whether its September or the middle of winter, theres no wrong time to start planning your dream pool, if youre ready. Heres one important reason why
Dont assume prices will fall: Historically, they dont. Aside from sales and special offices, the prices of swimming pool installation rise over time, as they do with every other product. If you look at a graph of swimming pool costs over the last few decades, the trend is upward, and it will likely continue in that direction, alongside prices in every other market.
Have questions about buying a pool?
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The Secret Shopping Challenge
To try to solve this problem I went undercover posing as a swimming pool buyer with a project and asked for prices from 10 of the UKs leading pool companies to find out what they actually quote you. I put the same project parameters to all of them because I wanted to ensure the quotes were all on the same basis.
To represent the majority of pool buyers, our mystery project was an 11 x 5 metre heated pool with a cover. The reasoning behind this choice is that an 11-metre pool is long enough to feel like youve completed a meaningful length, but not so long as to be outside the bounds of what can be considered a reasonable average family pool size.
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Delayed Shipment Of Parts
During the height of the Covid-19 pandemic, many countries closed their borders. As a result much of the shipping industry came to a screeching halt. Later, as global lockdowns began to lift, many orders for pool parts had been delayed by weeks or even months. While many pool products are built in the United States, some of the smaller parts needed to build a pump or filter are manufactured overseas. This means that replacing a pump motor or a heater manifold now could take weeks to be scheduled and completed instead of a few days. Delayed shipments and backed-up orders has also caused the price of the end product to increase.
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What Is The Market For Swimming Pool Construction
The market for swimming pool construction is growing in North America and Europe. This is due to the increasing demand for recreational facilities, as well as commercial buildings that include pools. The market is also expanding in Asia Pacific region due to the rising population and increasing awareness of health benefits of pool usage.
Generating Chlorine From Salt
Another way you can sanitize your pool without adding chemicals is by creating your own chlorine with a saltwater generator. Using electrolysis, dissolved salt is converted into hypochlorous acid and sodium hypochlorite, the sanitizing agents used to rid the water of dirt and bacteria, Giovanisci explains. Its important to note that salt chlorinators do not create a chlorine-free pool. They use dissolved salt to create chlorine to clean the pool. Plus, we can guarantee that your kids will love being able to open their eyes underwater without goggles .
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What Caused Prices To Go Up
Soaring costs for fuel, rising inflation, and a litany of other factors such as logistical delays and workforce shortages have plagued the pool industry. A factory closure due to a fire at one of the nations largest producers of dried chlorine products certainly did not help matters.
BioLab, the manufacturer in question is spending $170 million dollars on rebuilding their plant after it burnt to the ground during Hurricane Laura. While many pool professionals were hoping that the plant would be back online in time to impact and offset summer chlorine prices, a series of delays related to a second hurricane has pushed back operations. Consequently, any impact BioLabs production would have had on this years chlorine supply is now a moot point.
What Factors Affect Pool Prices
There are many factors that affect the price of a pool. The most important factor is the size of the pool. Other factors include the type of pool, the location of the pool, and the amenities that are included with the pool.
The size of the pool is the most important factor that affects the price. The larger the pool, the more expensive it will be. The type of pool also affects the price. In-ground pools are more expensive than above-ground pools. The location of the pool also affects the price. Pools that are in areas with a lot of humidity will be more expensive than pools in drier areas. The amenities that are included with the pool also affect the price. Pools that have a lot of features, such as waterfalls or slides, will be more expensive than pools that do not have these features.
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Chlorine Prices Continue To Go Up This Summer
With no relief in sight, chlorine prices continue to soar as costs keep rising for pool chemicals this summer. Since almost the very start of the pandemic prices for pool sanitizers like chlorine have nearly doubled and at the retail level consumers are paying nearly triple what they were before the end of 2020.
Building A Pool Has Gotten More Expensive
Building a pool in 2022 has suddenly become a much more expensive proposition than in years past which could effectively be pricing many consumers out of the market. According to PoolCost.com the average cost of a swimming pool has gone up roughly 30% over the past two years.
Consumer interest is cyclical in nature when it comes to demand for pools. The 2008 recession saw hundreds of pool companies fall casualty of the mortgage crisis. While nowhere near the scale of the conditions in ’08 many analysts predict consumers could be looking at another recession.
Contributing factors for declining sales:
While there is still the 22 pool season to look forward to and existing pent-up demand from consumers who were unable to get a pool built the number of homeowners seeking to build a pool from 23-24 is expected to drop significantly. Consequently, this season could very well be a calm before the storm in terms of declining demand.
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Adding A Luxurious Spa
One of the most commonly added extras would be throwing in a spa with your pool. A spa can enhance the design and style of your pool, as well as add a relaxing spot to use after any long day. A spa typically costs an extra $20,000 to $25,000 to your pool cost. Who wouldnt want to enjoy relaxing in their luxury spa?
Taking Your Inground Swimming Pool Indoors
You might plan to build an enclosure around your pool or try to take advantage of some existing space in your home. The average indoor pool cost is between $100,000 and $200,000. It doesnt cost any more to build the pool, but the costs start to add up when you consider the structure youll need to build over the pool.
Consider ventilation, dehumidifier systems, plumbing, electrical, pool covers, and more. All of these expenses quickly add up. It also depends on the materials you choose and the size of the pool. Most people have smaller pools indoors, although some pool owners may choose to build a larger lap pool.
You can read a much more in-depth breakdown in my indoor pool cost guide.
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What Is The Average Cost Of An Inground Pool In Florida
According to Reef Tropical, the pool cost in Florida averages between $35,000 and $60,000 for a basic inground concrete pool without any add-ons. With custom features, you could be looking at $80,000 to $200,000 or more. Also, going for a larger-than-average pool with a connected spa can start your pool prices at around $95,000. For a more elaborate pool with a tile surface and an attached spa, the cost for an inground pool would start at about $220,000.
