The swimming pool contractors from Tipton Pools in Knoxville, TN know that a swimming pool is likely one of the biggest expenses many people will have. They have put together a list of 3 ways to budget for your pool project that will help you start the project. Having a swimming pool is a luxury, but it also comes with the cost of construction and also the ongoing costs of utilities and cleaning and maintenance.
When you get a pool you definitely need to ensure you’re getting the most for your swimming pool dollars.
Vacation getaways to exotic locales with swimming pools, sandy beaches and hot tubs or spas are the stuff of fantasy, right? When you have your pool that is an everyday reality for you. With the increased costs of fuel, airline issues and the ongoing coronavirus pandemic, having your own pool is a staycation spot that you will get your money’s worth from.
A swimming pool is a lot of money — there is no denying that — but when you consider the money you’d spend on a week-long vacation, you’ll see that a pool is a long-term investment in family fun.
3 ways to budget for your pool project
Before you begin the process of becoming a pool owner, you need to decide what you can afford for the construction and for the ongoing maintenance and utility bill increases. After you have those figures — and we can give you an estimate on costs for utilities and maintenance — you can begin.
Here are tips from prepare and budget for your pool project:
- Ask friends and neighbors what they paid for their swimming pools. Give us a call and ask for a rough idea on the cost for an “average” inground pool. Ask about increased utility bills costs and ongoing maintenance and service.
- Add a 10-15% padding to the price of the project. You just can’t plan for unexpected cost overruns during the project.
- If you need to take out a loan for the project, you will need to give yourself a month or two before construction can begin. Give us a call about financing as we may know lenders willing to help with this type of project or speak with people at the bank you typically use.
After you’ve done your homework, give us a call and let’s talk about some of the options for your pool including the construction material. There are three popular in ground swimming pool types – fiberglass, gunite or vinyl. We will walk you through the advantages and potential disadvantages of all three as well as the construction times, maintenance cost differences and costs of each material.
Give us a call and let’s talk about your 2022 pool project!