Imperial Pool Builders, from Decatur & Champaign, IL offer tips for how to budget for your 2018 pool project. They know that the best time to begin your pool construction project is in the fall when pool contractors’ schedules have opened up. Also, when you begin the constuction now, you will have a pool ready and waiting for your family when summer 2018 rolls around.
If you’re still on the fence about whether you can afford a swimming pool, factor in how much you spent on your last family vacation and how long it lasted. When you invest in a swimming pool — and yes it will probably cost more than your last vacation BUT you are investing in something that will bring your fmaily months of enjoyment — right in your own backyard — for decades to come. You may still take your family vacation, but when you own a pool you have a “staycation” spot that is avaiilable whenever you have time to swim.
Having your own pool means you will build memories every day — or at least every weekend — and the investment into your swimming pool is one that will “pay off” for decades and won’t fade from memory once the tan lines have vanished!
Before you rush out and start meeting with potential pool contractors, you will want to put together a budget for the pool construction. Don’t forget to budget for higher than usual utility bills and for ongoing upkeep and maintenance for the pool. Ask us for an estimate for the increase in utility bills might be.
Budget for your 2018 pool project
- What did your friends and neighbors pay for a pool? This could be a great jumping off point for what i might cost to own a pool.
- Call builders to get a rough idea on the price for an average in ground swimming pool. Be aware though, asking, “what will a pool cost?” is like walking into a car dealership and asking, “how much does a car cost?” There are myriad factors to take into consideration.
- Budget for increased utility bills.
- Because you can plan for unexpected cost overruns, add a 10-15% price overrun onto any estimate you receive from a contractor.
- If you need to take a loan for the project, plan for at least a month or even two to get approved for the loan before the project can commence. Ask us for financing advice.
- Know your must-haves for your pool and know which items you are willing to live without if you can’t afford it right now.
- Don’t skimp on equipment. The money you spend on higher quality equipment will save you money in the long run on operating costs and the need for repairs or replacement.
- Let us know your budget so we can work together to help you get the pool of your dreams. It’s much easier to tell us what you can spend rather than coming in with a $100,000 dream and a $10,000 budget.
- Don’t forget to budget for a pool deck and/or patio — many first time pool owners do and usually regret it. You will spend — probably — more time around the pool than in it and you want to have a place to sit and enjoy the pool even if you’re not swimming.
The investment you make in your family pool will not only have the potential to increase the resale value of your home, but will turn your home into a year-round vacation hot spot.