This is not a trick question by any means. How much should you pay for your pool? It’s a question you need to determine before you reach out to the swimming pool contractors from Advanced Pools, Inc. in Memphis Tennessee. Why? Because you need to know:

  1. What you can afford for a monthly pay back (if you’re financing it)
  2. Budget for ongoing service and maintenance
  3. Budget for increases in utility costs
  4. Budget for potential increased water costs to refill the pool  

Owning a swimming pool may have been a dream your family has had for years and with the shut down and stay-at-home orders of 2020 you don’t want to let another year go past without having your own staycation spot in the backyard and your own family swimming pool!

Also, having your own pool is an investment in family memories, your property and is more long-lasting than a costly family vacation!

How much should you pay for your pool?

Items to think about when planning your budget for the family 2021 swimming pool project

  • Ask friends and family what their pools cost — this is helpful especially if you love their pool design
  • Talk with at least three swimming pool contractors about the type of project you have in mind AND let them know up front what you have to spend for the project.
  • Add in a cushion of 20% to the overall contract price for cost overruns.
  • Keep in mind that some pool contractors may only quote the pool structure itself. You need to know the costs for all the equipment and other incidentals for the pool. That’s why it’s important to let them know, “We have X to pay for the ENTIRE project.”
  • If you have to secure financing, remember that it could take up to a month for approval — build that into your construction plan.
  • Ask the pool contractor who is building your pool what it would cost for ongoing maintenance
  • Ask potential pool contractors when you could get on the construction schedule. You don’t want to think you can swim this summer if the contractor is booked through September./

Do your research. Check references for potential pool contractors. Listen to his or her feedback and let him or her know exactly what the pool of your dreams looks like and then make it happen!