Asked by: Mike Bloomer
Cost of Building a Swimming Pool In the Pacific Northwest, Inground swimming pools can start around $40,000 and go up; while a quality above ground pool can start around $15,000.
How much does it cost to build a pool in WA?
An entry-level pool can cost as little as $16,000. You’ll find that the larger the pool, the more add-ons you require and the more complicated the installation then costs will increase.
How much does it cost to build a pool from scratch?
The cost to install an inground pool is $35,000 on average and can range from $28,000 to $55,000 and sometimes upwards of $65,000 for special customizations and extra features. An added hot tub, for example, will cost $6,000 to $15,000 and pool lighting will be another $700 to $1,800.
Is it worth the money to put in a pool?
A pool can increase not only your social worth but also the value of your home. However, the increase is probably not as much as you think. According to HouseLogic, there’s no real guarantee that you’ll make your money back. In fact, adding a swimming pool may only increase your home’s value by 7%.
How do people afford to build a pool?
What sources are available to finance a pool purchase?
- Finance a swimming pool through a bank. …
- Use a credit union to borrow funds for a pool. …
- Pay for all or part of the construction with a credit card. …
- Finance your backyard resort with a home-equity loan. …
- Draw against a home equity line of credit (HELOC).
How long does it take to build a pool?
8 to 12 Weeks
Total Time to Build a Pool: 8 to 12 Weeks on Average
After designing, acquiring permits, excavating, installing the shell or gunite, and finishing with a deck or patio, you can finally enjoy your backyard oasis!
What is biggest cost for building a pool?
Inground pools can cost anywhere from about $15,000 for a small vinyl pool to well over $100,000 for a custom concrete design. The total amount you end up spending depends heavily on the design and the features incorporated into the project. A typical build ends up costing the homeowner between $35,000 and $60,000.
What makes a pool expensive?
Vinyl-lined, fiberglass, concrete and gunite — a type of concrete — pools often have different installation and maintenance costs. Shape and features. Custom shapes, and special features like a hot tub or diving board, can add thousands of dollars to the pool’s price tag and installation cost, depending on the type.
How long can you finance a pool for?
This will usually be between two and 10 years. The longer the loan, the lower each month’s payment will be but the more interest you’ll pay overall.
What type of loan is best for a pool?
Compare the Best Pool Loans
|Starting Interest Rate
|LightStream Best Overall
|24 months to 20 years
|Discover Best Repayment Terms
|Upgrade Best for Bad Credit
How do you write off a pool on your taxes?
Even if your pool qualifies as a medical expense, the Internal Revenue Service only allows you to claim any construction costs that exceed the amount the pool would increase your home’s value. So if you spend $20,000 to build a pool that increases your home’s value by $17,000, you can only claim a $3,000 deduction.
Do banks loan money for pools?
Although some consumers do pay for their inground swimming pool project with savings, the majority will finance the purchase in one way or another. When dealing with financial institutions, there are generally 2 types of loans to choose from – secured and unsecured.