A new pool can be an exciting venture. It will offer you many benefits and you will most likely increase the value of your home. Depending on what type of pool and features you want, it can be a costly process. Pool building and installation is a complex process that involves construction, plumbing, and electricity. The price of a pool is influenced by several factors. Many of these factors can be controlled by you to determine how much your pool will cost.

The factors that influence the price of a new pool include:

Size of the pool – This is the biggest factor in costs. The bigger the pool, the larger the costs. Your yard space and budget will determine the size. If you want to add features like a deck, this may also influence the size.

Pool materials – Whether you want a cement, tile or vinyl pool will influence the cost. Vinyl is the less costly option, but not everyone will want that. Vinyl is ideal for above ground pools. Solid concrete pools will last very long but are also the most expensive type of pool. Tiled pools can also be pricey if it takes a lot of extra time. Fiberglass pools are also costlier because they involve excavation, but the fiberglass mold or shell will be less costly than a full solid concrete pool.

Heating and filtration – The systems you install will add to the final cost. You can opt for a cheaper system, but you might cause yourself a lot of future problems. Your filter system works year-round and some people also run their heating year-round. These systems work hard and will need to be of high quality to keep your pool system running well. You might save yourself some money in the future if you buy a good, high-quality system from the beginning.

Pool extras – Pool extras include any features that you want to add in or around your pool. Examples are a diving board, kiddies pool, forced current system, extra in-pool lighting, a deck surrounding or adjacent, benches, rock art, or fountains. All of this will add to the cost of your pool.

Above or in-ground – Apart from size, this is the second largest factor that influence pool costs. In-ground pools cost more because of excavation costs. These types of pools are usually concrete or fiberglass. Concrete pools can cost anything from $35 000 to $100 000. Fiberglass pools involve the installation of a pre-made mold. These molds or shells can cost between $6 000 and $25 000 and the total cost of installation can range between $25 000 and $75 000.

Above ground pools are less expensive and less complex. These types of pools have kits that you can buy and install. They can have extra costs if some excavation, timber decking, or concrete pouring is necessary. Despite the extras, they will still come out less costly than in-ground pools.

What can you expect to pay?

With all these factors in mind, you can look at low-cost to high-cost pools. The low-cost pools will require little labor and time, whereas the high cost will obviously require a lot of labor and time. To help you understand what a pool might cost, we have a bit of scale for you.

Low-Cost Pools

Low-cost pools can vary from $200 to $7000.

Low-cost pools are rarely in-ground and do not have a lot of extra features. It is the most basic, smaller, and above ground type of pool.

Medium Cost Pools

Medium cost pools can range between $7 000 and $30 000.

This is the average range that most people pay. It can be either more expensive above ground pools with a few features or a lower cost basic in-ground pool.

High-Cost Pools

High-cost pools can range from $30 000 to $78 000.

High-cost pools can be large, in-ground or above ground and include a large variety of extra features and the highest quality pool systems.

This scale should help you realize where your budget falls and what factors you may need to eliminate or reduce.

Infographic source: www.sevenseaspools.com