A home with a swimming pool is on the bucket list for many homeowners.
It offers respite from the summer heat, and it’s a fantastic space for family fun.
Before you take the plunge, it’s important to understand the costs involved. Building a pool is a significant investment, and various factors influence the final price tag.
A swimming pool will add value to your home and appeal to buyers with young families. Not all buyers want a home with a swimming pool, however. Maintenance and running costs can be a negative factor with some potential buyers.
Types of pools and their costs:
Inground Pools: These are the most popular choice and offer the greatest flexibility in design and size. Inground pools come in three main varieties: concrete, fibreglass, and vinyl liner. Concrete pools offer complete customisation but are the most expensive, with prices ranging from $80,000 to $150,000+. Fibreglass pools provide a more affordable option and quicker installation, typically costing between $60,000 to $100,000+. For those on a tighter budget, vinyl liner pools are the most budget-friendly, starting around $40,000 and reaching up to $80,000.
Above-ground pools: A more affordable alternative to inground pools, but with limited design options. Prices start from $2,000 and can reach up to $10,000 for larger models with decking.
Plunge pools: Perfect for smaller spaces, these compact pools offer a refreshing dip. They typically cost $20,000 to $30,000.
Factors that affect the cost:
Several factors influence the final cost of your pool. Size and shape play a key role, with larger or more complex designs requiring more materials and labour. Site preparation, including excavation and landscaping, can significantly impact the price, especially if access is difficult or the block slopes.
The choice of pool material (concrete, fibreglass, or vinyl) and its quality also affect the overall cost. Furthermore, finishes like tiles and coping, along with features such as heating, lighting, and water features, all contribute to the final price tag.
Additional costs to consider:
- Fencing and Safety: Compulsory safety fencing adds to the cost.
- Council Approvals: Obtaining necessary permits can involve fees.
- Ongoing Maintenance: Chemicals, cleaning equipment, and regular servicing contribute to ongoing expenses.
Tips for budget-conscious pool owners:
To keep costs down, consider a smaller pool size or a plunge pool. Opting for a simpler, rectangular design can also help reduce expenses. Be sure to shop around and obtain quotes from multiple pool builders to compare prices and services. Planning your project during the off-season may allow you to negotiate better prices due to lower demand.