To give you an upfront estimate, you can expect to pay between $30,000 and $85,000 on your inground fiberglass pool, depending on the size and other package details. A small inground fiberglass pool of around 12x24 feet would start on the lower end in the $30-45k range, even with installation and patio work.
The installation costs can vary depending on the type of pool you want. Depending on the size, you should expect the cost to build a pool to be anywhere from $30,000 to $70,000 in the state of Texas.
Lisa is a real estate professional with RE/MAX Dallas Suburbs in Plano, TX. In your opinion, how does a pool affect the sale of a home? Pools add at least $50,000 to $80,000 to a home's current market value.
If you're looking to save money on upfront costs, a fiberglass pool may not be what you're looking for. However, if you want a swimming pool that will last a very long time and save you thousands of dollars over the years, a fiberglass pool is your best choice.
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.
The cons associated with fiberglass pools are primarily related to cost and installation issues. Contrary to popular belief, fiberglass pools aren't cheaper than traditional options like concrete (we'll provide more details in the “Costs” section later on).
Insurance and Taxes
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.
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%.
There's a limit to how much a pool can add to your home. Under optimal circumstances, a pool could boost your home's value by as much as 7%, according to Houselogic. Because of this general limit, you're unlikely to increase the value of your home by the amount that the pool costs.
On average, a pool takes six to ten weeks to build from start to finish. In some cases, your project may be completed in as short as a month.
You may be interested in getting a pool in your backyard, but how much does it cost to build a pool? According to HomeAdvisor, the cost ranges from $16,441 to $44,198, with the national average at $29,638. Inground pools can range from $36,750 to $66,500, and above-ground pools can run from $700 to $3,600.
On average, installing a swimming pool in Dallas runs from roughly $7,400 to $10,300. That said, depending on the kind of pool you decide to build you could only wind up paying approximately, $3,500. Which, is a pretty decent price cut from the average. Luxury and specialty pools can run upwards of $25,000.
A 12x24 foot pool has a surface area that covers 288 feet, so it should be big enough for your needs based on this rough calculation.
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.
10 x 20 is considered a small in-ground pool, while a 20 x 40-foot pool is on the larger side of things.
How much does a pool cost to run? The average swimming pool will cost between $660 and $1,000 to run annually – consuming between 2,000 and 3,000 kilowatt hours of electricity. That's about $23 each week!
A pool can be a good idea because it may increase the value of your home. In fact, it may increase the value more than the price of the pool itself. Of course, if that is the case, it is a sign a pool may be a good investment for you.
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.
The amount your property bill will increase depends on the assessor's computation of your new property value and your jurisdiction's property tax rates. According to U.S. News & World Report, you can usually expect an in-ground pool to increase your property value by 6 to 11 percent.
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. They are at the upper echelon of price points and have a higher end product reputation.
Fiberglass pools have a gel coating that can develop hairline cracks over time. These cracks typically only penetrate the gel coat and do not affect the pool's structural integrity, nor do they indicate leaks. If you see blisters as well as cracks, this is a sign that the gel coating was applied too thinly.
Luckily, heating is not only an option for fiberglass pools, it's actually a wonderful idea for them. Fiberglass pools are both the easiest type of pool to heat and the least expensive.