Knoxville, Tennessee pool builders explain pool costs and budgeting matters

Quick. How much did you spend on your last vacation? Was it money well spent or do you look at the photos and relive the memories and wonder if there isn’t a way to make memories with your family in a way that is longer lasting than a vacation of one or two weeks. You can! If you work with the swimming pool contractors from Tipton Pools you can spend money on a swimming pool — a permanent structure in your backyard that will provide hours of family fun time and decades of memory-building activity! A swimming pool is an investment in the value of your property as well.

The high price of gasoline, airfare and the money spent to rent a hotel room or a vacation home is money that many individuals are putting toward the construction of their own backyard family pool project swimming pool. Initially, the price tag of a swimming pool may give you pause, but when you take into consideration the money spent on week long vacations or time spent at a theme park, you can see that the money you’re spending on a family swimming pool is money for which you will receive a “return on your investment” from the moment it’s constructed.

Prior to talking with a swimming pool contractor about a project you will want to look at your family budget and see what you can spend on a pool. You don’t want to have a pool dream of $100,000 but a pool budget of only $30,000. Knowing what you have to spend will help you work with the contractor to bring a pool to life that fits the budget you have set aside. Here are some items to consider when looking to become a swimming pool owner:

  • Ask pool owners that you know how much they paid for their pools and how much the cleaning and service costs and how much the utility bills were impacted as these are all factors.
  • Regardless of your budget, build in a 10-15% cushion to the price of your pool in case there are overruns.
  • If you will need to apply for a loan for the project you can talk with your local banker or even as your pool contractor if there is a bank he works with that provides financing for pool projects.

After you’ve done your budget homework it’s time to talk with a potential pool contractor to put a pool project together that fits the family budget. This is also likely the best time of year to begin the pool process research because many pool contractors ramp up for construction projects before the snow flies. Also, if you start now, you will have a pool ready to use by next summer!