How much does a 12×24 inground pool cost?

12×24 Inground Pool Cost

A 12-foot by 24-foot pool is considered medium-sized, and is suitable for swimming laps. The cost for this size, on average, will be between $26,000 and $38,000, depending on the type of material used. Materials and their average associated costs are as follows: Concrete, $38,000.

How much does it cost to install an inground pool?

“The average person will spend around $45,000 on an in-ground pool.” This price usually covers excavation, concrete, interior materials, filtration, tiling, sanitisation, heating and lighting.

How much does it cost to put in a pool?

An average pool installation costs $22,191 with most homeowners spending between $14,925 to $29,988 depending on the pool type. The average cost to add an above ground pool is $1,850 to $4,977, while the cost to put in an inground pool ranges from $28,000 to $55,000.

Are inground pools worth it?

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 I Wish I Knew Before building a pool?

4 Things I Wish I Knew Before Installing My Pool
  • There is a Reason Some Pool Materials Cost More. …
  • Pool Features are Important to the Overall Enjoyment. …
  • Not Every “Pool Company” Does a Turnkey Operation. …
  • Choosing the Wrong Pool Company Can Set You Up for Disappointment.

Is a swimming pool a tax write off?

A swimming pool you install for medical reasons could increase your tax deductions by $12,000 or more, giving you a tax savings of $3,000 or more depending on your tax bracket. Other such home improvements can be similarly deducted.

What is the life expectancy of an inground pool?

You can expect a concrete swimming pool to last about 25 to 40 years, average 30 years. The quality of construction and maintenance, specifically maintaining balanced pool chemistry, are the variables that affect pool lifespan the most.

Does an inground pool increase home value?

How much value does a pool add to a home? The experts are a split on how much a pool can contribute to a home’s value. One HouseLogic study suggests an increase of 7 percent, at most, under ideal conditions, while HGTV reports that the average inground pool can up your property’s value by 5 to 8 percent.

How long does an inground pool last?

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. Fiberglass pools have the longest lifespans of any in-ground pool, often easily surpassing 30 years.

What is the easiest type of pool to maintain?

fiberglass pool
A fiberglass pool is not prone to growing algae, which is one of the main reasons why this pool is easier to maintain. Anyone who is looking for a pool that doesn’t require a lot of maintenance may want to consider going with a fiberglass pool.

Which type of inground pool is best?

Concrete pools tend to be the strongest of all the inground swimming pools. Since they are rebar and concrete they can’t oxidize or corrode. Like every other form of concrete, they get stronger as time passes.

Is a pool a waste of money?

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%.

Can you roll a pool into your mortgage?

Homeowners often wonder if they can finance a pool into a new mortgage. The short answer is yes, but it will likely depend on your mortgage lender and specific financing terms. … Take out a second mortgage: Another popular option is to take out a “second mortgage” in the form of a home equity loan.

How long can you finance a pool for?

How many years is a typical pool loan? With a personal loan or home equity loan, you can generally target the length of time to pay back your loan. 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.

Why are pools so expensive?

Usually, this event occurs after a demand or supply shock. In this case, the good is above ground pools. This has started happening because there are very low levels of these in stock now and there is a very high demand for them. … This situation has thus created a higher demand for above ground pools.

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.

What is a good size swimming pool?

18 by 36 feet
For a family of 8 people, a pool size of 18 by 36 feet is adequate. Even if you all decide to swim at the same time, there will be enough space for everyone. A rectangular shape is the best choice for this size of the pool. If there are six or less in your family, a pool size of 16 by 32 feet will be sufficient.