The benefits of having a pool are obvious. With a personal pool, you can take a dip whenever you wish, swim every day to stay fit, arrange cool pool parties, etc.
However, let’s face the truth. You know, having a pool also has many drawbacks, main of which are price and routine maintenance. So, you may wonder whether a pool is really worth the price.
In terms of the cost of your home, the answer is no. But that’s only one among many factors that influence the decision. The responses to the questions below will help you decide whether you really need a pool.
1. What’s the overall value of ownership?
Begin with the price of the pool itself, which depends on the design and functions you select. After that, find out what kind of financing you will requires, and how much it increases your expenses. Eventually, there’s the running cost of a pool maintenance.
These expenditures can all be hard to calculate, but it’s essential for understanding how much you’re paying over the life of the pool. And don’t forget that while installing a swimming pool isn’t the ideal house renovation project from the viewpoint of the liquidation value, you should get back at least a part of the price in case that you move.
2. Is the weather in your region suitable for a pool?
If you’re not planning to install an indoor pool, the next important factor is how many days you can enjoy swimming depending on the climate in your region. Clearly, there’s a huge difference in the value you can get out of a pool in the north than in the south. Of course, you can easily warm up your pool to use it much longer, but this increases your service bill, which is not the best solution.
If you’ve done a preliminary accounting, you can make an approximate calculation of how much you would pay for a day of swimming. This sum may be a revelation.
3. How can you benefit from the pool?
Measuring the benefits of owning a pool is hardly possible, but you should still consider them. Think of how many persons (and how frequently) will use the pool, as well as what advantages is gives to everybody. Once you look at things critically, you may see that you will not use the pool enough to outweigh its price. On the other side, a thorough analysis may show unexpected benefits of having a pool.
4. Comparison of the alternatives
No matter what you expect from a pool, there are probably many other options that can satisfy your needs to some extent. For instance, you could save the money for a pool but then use it to go on vacation or make a new landscape design in your side yard. The idea is, you can’t say whether a pool is a worthwhile purchase if you don’t know what else you could but for this money.
5. What to do if the situation will change?
Many things can change over the life of your pool. Some changes are predictable, such as the children growing up and becoming less interested in splashing around in the pool, and eventually leaving home. Others may be unexpected, such as a change of work that can make you to sell all your property as soon as possible. Although we have no idea what tomorrow holds, consider the possibility that a change in circumstances could affect the benefit you get from having a pool.
Making dry calculations about pool ownership can extinguish your enthusiasm for the whole thing. However, if your responses to the questions above persuaded you to not buy a pool, you can at least find comfort in the fact that you escaped a costly error. However, if, after this, you still want to get a pool, you can be sure that it’s the right call.