Average Maine Pool Prices start at $40,000-$50,000 for a basic inground pool.

How much will a pool increase my electric bill?

According to the study, at the national average of 11.8 cents per KWh, a pool pump alone can add as much as $300 a year to an electric bill. However, Opower’s investigation revealed that its not just the actual pool that accounts for the massive increase in energy consumption of homes with swimming pools.

How long do Fiberglass pools last?

30 years

What is the best type of inground swimming pool?

If you’re looking to get an inground pool and have a very limited budget, vinyl liner may be the best choice for you. Their material costs are low and as a result a vinyl liner pool will in most cases cost $5,000 to $10,000 less initially than their concrete or fiberglass counterparts.

What is the cheapest inground pool?

What is the Cheapest Inground Pool? Go for a premade fiberglass shell, which typically runs $20,000 to $40,000, for the cheapest inground pool.

Do swimming pools add value to your home?

In some areas, adding a pool may increase your annual property taxes, but it won’t necessarily add to your home’s selling price. For that reason, try to keep your total building cost between 10% and 15% of what you paid for your house, lest you invest too much in an amenity that won’t pay you back.

How can I afford a pool?

What sources are available to finance a pool purchase?

  1. Finance a swimming pool through a bank.
  2. Use a credit union to borrow funds for a pool.
  3. Pay for all or part of the construction with a credit card.
  4. Finance your backyard resort with a home-equity loan.
  5. Draw against a home equity line of credit (HELOC).
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Moreover, why are inground pools so expensive?

Real estate prices usually drive the prices of swimming pools. One of the reasons that a pool might cost so much in your area is because the real estate values are high and can substantiate higher dollar value spent on property upgrades such as a pool.

Is it harder to sell a house with a pool?

It won’t be easy since a swimming pool can actually make your home harder to sell. Many buyers consider it a liability rather than a luxury. Under the right circumstances, however, a pool could boost your home’s value by as much as 7%, Houselogic estimates.

How long does it take to install a pool?

A vinyl liner pool itself takes about two weeks to install. But the accompanying patio can take from one week to a year, depending on the construction process. A gunite concrete pool takes six to eight weeks from excavation to your first swim.

How long do inground pools last?

Some general guidelines for the three major types of in-ground pools: Pools with vinyl liners will last more than 20 years, as long as you replace your liner every 6-12 years. Concrete pools have exceptional longevity, but you need to resurface the concrete every 10 years or so.

Does an inground pool increase property taxes?

Property Taxes Suffer an Increase

However, with this gain follows other increases because as the worth of your home rises, your home’s property taxes also do the same. An inground pool stands as an improvement to your home due to the level of work attached to its installation.

What is the average cost of a kayak pool?

Generally, due to site preparation, installation costs, and potential maintenance, above ground pools are a fraction of the cost of an in-ground pool, which can start at around $20,000 on the low-end – usually not including a deck, heating system, slide or other accessories.

What can I do with an old inground pool?

6 Genius New Uses for an Old Swimming Pool

  1. The sunken patio.
  2. The practical deck.
  3. The practical deck.
  4. The detached studio.
  5. The detached studio.
  6. The peaceful pond.
  7. The peaceful pond.
  8. The water-wise garden.
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Are inground pools worth it?

Real Estate Value

Despite what you may have heard in the past, YES, an inground swimming pool does increase the value of your home. A few years ago, the National Association of Realtors stated that on average, an inground swimming pool will increase a home’s value by 4-6%.

What is the smallest inground pool size?

The average size swimming pool is larger than 600 square feet. A small swimming pool is typically considered to be one that is 600 square feet or less. Depending on the shape, size, and design, this sized pool could still be used for aquatic exercise, as well as purely for recreation.

Besides, what does it cost to put in an inground pool?

The average cost to install an inground pool is $35,000 with most homeowners spending between $28,000 and $55,000. The additional cost of pool ownership for basic maintenance, increased utilities, and repairs add $2,500 to $5,000 every year.

How can I save money on my inground pool?

8 Ways to Save Money on Your Swimming Pool Cost

  1. Use a pool cover.
  2. Keep on top of things.
  3. Turn off water features when you’re not using the pool.
  4. Only use your filter when necessary.
  5. Use an energy efficient pump.
  6. Don’t over-clean.
  7. Turn the temperature down.
  8. Create the right environment for your pool.

How much does your homeowners insurance go up with a pool?

According to Zacks Investment Research, insurance companies typically recommend increasing liability coverage from $100,000 to $500,000 when installing a swimming pool. In states where swimming pools aren’t standard, Zacks says, such an increase might add $50 to $75 to a homeowner’s insurance annual premium.

One may also ask, how much does an inground pool cost Canada?

Vinyl inground swimming pools are typically the cheapest option available when it comes to upfront costs. The average cost in Ontario ranges from about $20,000 to $30,000. But of course, the final price is dependent on many variables. Size, shape, unusual landscaping and custom upgrades will all affect the final price.

What is a good size pool?

It’s recommended having a depth fewer than six feet to meet most pool needs. For a family of six to eight people, an 18 foot by 36-foot pool is recommended. This should be sufficient to avoid crowding and allow for the playing of games. Rectangle shaped pools look best for this size.