When considering home improvements or lifestyle enhancements, many people dream of owning a swimming pool. However, the perceived cost often deters them from taking the plunge.
At Lifestyle Pools, we believe that pool ownership is not only attainable but also more affordable than most people realize.
In this expanded guide, we’ll explore the factors that show that pools are more affordable than you think, and are a smart and cost-effective investment for your home and lifestyle.
The Value Proposition of Pool Ownership
Long-Term Value: A Lifetime of Enjoyment
One of the most significant advantages of investing in a high-quality swimming pool is its longevity. Unlike many other purchases that depreciate quickly or require frequent replacement, a well-constructed pool can last for decades. At Lifestyle Pools, we pride ourselves on manufacturing fiberglass swimming pools that are built to stand the test of time.
Our pools are crafted using advanced composite technology, resulting in a product that’s not only durable but also resistant to common issues like fading, cracking or chemical damage. This means your initial investment translates into years—even decades—of enjoyment. When you consider the cost of a pool over its lifetime, the annual expense becomes remarkably reasonable.
To put this into perspective, let’s break down the numbers:
- Average cost of a mid-range inground pool: $50,000
- Expected lifespan of a Lifestyle Pool: 30+ years
- Annual cost: Less than $1,700 per year
When you compare this to other major purchases like vehicles, which typically last 10-15 years and depreciate rapidly, the value proposition of a pool becomes even more apparent.
Home Value Enhancement: A Smart Real Estate Investment
One of the most compelling arguments for pool ownership is its potential to increase your property value. While the exact impact can vary depending on your location and the local real estate market, studies consistently show that homes with pools command higher prices.
According to the National Association of Realtors, a well-maintained inground pool can increase a home’s value by an average of 7%. In some markets, particularly in warmer climates or upscale neighborhoods, this figure can be even higher. Let’s consider an example:
- Home value without a pool: $300,000
- 7% increase due to pool addition: $21,000
- New home value: $321,000
This increase in property value can help offset a significant portion of your initial investment. Moreover, in competitive real estate markets, a pool can be a decisive factor for potential buyers, potentially leading to a quicker sale when you decide to move.
Vacation Savings: Your Personal Resort at Home
The cost of annual vacations can be substantial, especially for families. According to IPX 1031, a Fidelity National Financial Company, the average American is budgeting $5,300 for travel in 2024. Further, according to GoGo Charters, a one-week vacation for a family of four in 2024 can cost around $7,936. By investing in a pool, you’re essentially creating a vacation destination in your own backyard.
Consider the potential savings:
- Average annual vacation cost: $7,936
- Cost of a staycation with your pool: Minimal (food, drinks, and minimal utility increase)
- Potential annual savings: 6,000+
Over the lifetime of your pool, these savings can add up to tens of thousands of dollars. Plus, you have the added benefit of being able to enjoy your “vacation spot” any time you want, without the hassles of travel, crowded resorts or disappointing accommodations.
Health and Fitness Benefits: Say Goodbye to Gym Memberships
Swimming is an excellent form of exercise, offering a full-body workout that’s gentle on the joints. By owning a pool, you’re investing in your health and potentially saving money on gym memberships and fitness classes. According to Nerd Wallet, a gym membership can cost between $10 and $100 a month for an individual, but rates can be higher at luxury health clubs and even more so for a family.
Let’s break down the potential savings:
- Average annual gym membership: $600 per person
- Family of four annual gym cost: $2,400
Accounting for minimal pool maintenance costs throughout the year, another compelling reason for having a backyard fiberglass pool is that you can keep in shape while simultaneously tipping the scales in your financial favor.
Beyond the financial savings, having a pool at home makes it more convenient to exercise regularly, potentially leading to improved health outcomes and reduced healthcare costs in the long run. (Yet another form of savings).
Entertainment Hub: Your Own Event Venue
Hosting events at external venues can be expensive. With a pool, you have a built-in entertainment space perfect for various occasions:
- Birthday parties
- Graduation celebrations
- Wedding receptions
- Family reunions
- Holiday gatherings
The average cost of renting a venue for a medium-sized event can range from $500 to $1,500 or more. By hosting events at home, you can save thousands of dollars annually while creating more personalized and memorable experiences for your guests.
Priceless Memories and Quality of Life
While it’s important to consider the financial aspects of pool ownership, it’s equally crucial to recognize the intangible benefits that can’t be measured in dollars and cents:
- Family bonding time
- Improved mental health and stress reduction
- Enhanced social life
- Increased physical activity for all ages
- The joy of watching children learn to swim
- Creating lasting memories with loved ones
These experiences contribute significantly to your overall quality of life, making pool ownership an investment in your family’s happiness and well-being.
Dive into Pool Ownership with Confidence
When you consider all these factors—longevity, property value increase, vacation savings, fitness benefits, entertainment value, flexible financing and improved quality of life—it becomes clear that pool ownership is not just an attainable dream but a smart investment in your home and lifestyle.
At Lifestyle Pools, we’re committed to helping you realize this dream with high-quality, long-lasting fiberglass pools that offer exceptional value. Our range of designs and sizes ensures there’s a perfect pool for every backyard and budget.
Ready to take the plunge into pool ownership? Contact Lifestyle Pools today to explore your options and start your journey towards a lifetime of aquatic enjoyment. Remember, with Lifestyle Pools, you’re not just buying a pool—you’re investing in a lifestyle upgrade that will pay dividends for years to come.
Get swimming in quality and style with Lifestyle Pools—contact us today and discover how your backyard dreams are an affordable reality.
Share This Story, and Choose Your Platform!
