The cost of owning a pool is a lot more than you think. Read this article before you dive into something you can’t afford.
After moving to a new home a few years ago and finally having a good-sized yard with a fence surrounding it, we decided to buy a small pool so our kids can have a place to cool off during the summer.
It was nothing fancy, just one of those Intex models that you build yourself and take down at the end of the summer. The pool itself was 14 feet in diameter and cost $249. That also included a filter, ladder, and cover for when the pool is not in use.
Well, we got a couple years out of it but it will not be seeing another summer in New Jersey.
Now we’re looking into putting in a permanent, above-ground pool. I’m a little hesitant because installation costs are definitely higher than the cheapo pool we got last time.
Of course the price of the pool itself is just one part of the overall expense.
If you’re thinking of getting a pool for yourself you should consider these hidden costs of owning a pool.
It’s important to keep your pool clean and safe to swim in and that requires maintenance. At the minimum you’ll need some chlorine and PH, as well as a testing kit so you can check the levels of each and make adjustments as needed.
There are two types of test kits to choose from. You can either get strips that change color when you place them in the pool water or a liquid dye that you add to a small sample of the water.
The PH I use just gets sprinkled on the water’s surface, but the chlorine comes in tablets that have to be added to a floater so they slowly break dissolve into the pool water. In addition to the floater, you’ll need a skimmer which is a big net that you use to clean bugs, leaves, and other small objects from the surface.
You’ll also need some kind of vacuum to clean the bottom of the pool. There are a variety of vacuums with replaceable heads and hoses that hook up directly to your pool’s filter.
Particularly if you have kids, you’ll also have to add in the cost of pool goggles, beach balls, inflatable rings, floating noodles, maybe a volleyball net, and other assorted pool accessories. These inexpensive items can add up to a significant expense if you let them. Make sure you add them into the cost of owning a pool.
Even a small pool requires a few thousand gallons of water to fill up (watch out, that first water bill is a doozy!) and you’ll probably have to top it off every once in a while as the water level decreases due to splashing. Your electric bill will also go up as you keep the filter running for hours every day to keep the water clean and safe.
One pool expense that most people never consider is their homeowner’s insurance. Statistics show that people who own a pool are more likely to file a claim. Pool accidents are common and most insurers will increase your annual premium if you add a pool to your yard.
Having a pool right in your backyard is a lot of fun. There’s nothing like mowing the lawn on a humid day and then jumping into the pool to cool off.
And if you have kids, the pool becomes a gathering place for all their friends to come and hang out.
But before you dive in (pun intended), make sure you can afford all of the costs associated with owning a pool.Last updated on