For over 35 years, Platinum Pool has been Chicago’s trusted pool builder, crafting stunning pools and spas at exceptional value. Our skilled team designs and builds backyard oases tailored to your unique desires. We offer a wide range of pool and spa styles, including geometric, freeform, infinity edge, plunge pools, and spas, complemented by various pool features such as waterfalls, fountains, fire features, pool decks, and outdoor kitchens. Please get in touch with us today for a free consultation, and let us transform your dream pool into a reality.
The cost of building swimming pools varies depending on several factors, including the size and type of pools, the materials used, and the complexity of the design.
Here are some of the factors that can affect the cost:
Size and type: The larger the pool, the more it will cost to build your pool. The type of pools, such as inground, above-ground, or fiberglass, will also affect the cost.
Materials used: The type of materials you choose will also affect the cost for your project. For example, using higher-quality materials will cost more, but it will also increase the value of your home.
Complexity of the design: More complex designs will cost more to build. This is because they require more skilled labor and more specialized materials.
In addition to the pool’s cost, there are other costs to consider, such as permits, landscaping, and fencing.
According to the National Association of Realtors, inground pools can add an average of 5% to 7% to the value of a home. However, the value it adds can vary depending on several factors, including the size and type of pools, the home’s condition, and the overall demand for homes in the area.
Here are some factors that can affect the amount of value swimming pools adds to a home:
Size and type: A more extensive pool typically adds more value to a home than a smaller one. The type of pools, such as concrete, fiberglass, or vinyl liner, can also affect the value.
Condition of the home: A well-maintained home with a new or recently updated pool typically adds more value than a home with an older or poorly maintained pools.
Demand for homes in the area: Pools are more likely to add value if there is a high demand for homes in the area.
People can afford to put in a pool in several ways. Some of the most common methods include:
Saving up: Many people simply save up over time to pay swimming pools. This can be a good option if you have the discipline to stick to a budget and are willing to wait a few years to get your pool.
Financing: Several lenders offer financing for pools. This can be a good option if you have good credit and can afford the monthly payments.
Home equity loan: If you have equity in your home, you can take out a home equity loan to finance your pool. This can be a good option if you can get a low interest rate and have the ability to make monthly payments.
Pool loan: Several lenders offer specific pool loans. These loans can be a good option if you don’t qualify for other types of financing or if you want a longer repayment term.
Inground pools are expensive because they are a significant construction project that requires a lot of time, labor, and materials.
Here are some of the reasons why inground pools are so expensive in Chicago, IL:
Excavation: The first step in building an inground pool is to excavate the site. This can be a time-consuming and expensive process, especially if rocks or other obstacles are in the way.
Materials: Inground pools are made from various materials, such as concrete, fiberglass, or vinyl liner. These materials can be expensive, especially if you choose higher-quality materials.
Labor: Building an inground pool requires a lot of skilled labor. This can be expensive, especially in areas with a high cost of living.
Permits: In most cases, you must obtain a permit from your local government to build an inground pool. This can add to the cost of the project.
Additional features: Many add features to their inground pool, such as a patio, deck, or landscaping. These features can add significantly to the cost of the project.
“Platinum designed and built our wonderful pool. The project was completed on time and on budget and the quality of work and design is superb. We enjoy using and looking at the pool everyday. I highly recommend them.”
Satisfied Platinum Pool Client
We can meet with you at your home or if you would like to come into our showroom to discuss options for your pool contact us here.