Thinking About a Pool Project? Here's What You Should Know About Budgeting

A swimming pool project, be it a build or renovation, can really change the character of a home. It gives your property a unique look, raises its value and creates an area friends and family can enjoy. It’s true that pool projects can cost quite a bit, too. Since you’re spending a big amount, you need to be sure you’re making the best decisions. You’ll learn everything about the costs you can expect and how to plan your projects with certainty.

1. What Decides the Cost of a Pool?

Not all pools are the same, so their prices are not either. Several separate factors are involved when you are assessing the price to build or revamp a pool. Let’s take them one by one:

Size and shape:

Obviously, a bigger pool will demand a greater use of materials and workforce. Building with rectangles is both cost-effective and easy, whereas adding curves or extra edges to the design will make things much costlier.

Materials:

Your selection of pool finishing matters a lot. It’s easy to save money with plaster, but pebble and tile tend to be more durable and give your walls a grander look. Although tile mosaics and glass bordered pools enhance your pool’s appearance, you’ll have to pay more for them.

Extra Features:

Want to add a spa, a waterfall, LED lighting, or an automatic cover? These features are great, but they can add thousands to your total cost. Even high-tech automation systems for heating, lighting, and cleaning can increase your spend.

Renovations and Structural Changes:

If you’re upgrading an old pool, costs can vary depending on what shape it’s in. You might need to redo the shell, replace old plumbing, or reinforce structural supports—especially if the pool is decades old.

Permits and Engineering:

Before work even begins, you’ll likely need permits from your local council or city. Depending on where you live, permit fees and engineering inspections can range from a few hundred to a few thousand dollars.

Landscaping and Outdoor Integration:

A pool doesn’t stand alone. Many homeowners also invest in new patios, decking, lighting, or landscaping to create a full backyard experience. These elements can add significantly to the overall cost but are often worth it for the finished look and functionality.

2. Why Pool Costs Have Gone Up

If you’ve been researching pools for a while, you’ve probably noticed prices have gone up in recent years. Here’s why that’s happening:

Material Prices Are Rising:

The pandemic and shipping issues overseas have made global supply chains slow. Today, pricing for concrete, steel, tile and plumbing parts is significantly higher than a few years in the past.

Skilled Labour is in Short Supply:

Crews needed to put up a pool include diggers, tile installers, electricians and finishers. Now that there are fewer people who can do this job, labor is scarcer and, as a result, the pay is increasing.

More People Want Pools:

Since people are staying at home more, more people are choosing to build pools. Many homeowners are starting to invest in the outdoors, causing additional stress for suppliers, contractors and installers.

Permits and Regulations Have Changed:

Many cities and local councils have updated their codes to improve safety and environmental standards. This can mean more inspections, higher permit fees, and stricter rules, which all contribute to the total cost.

3. What You Might Pay: Average Price Ranges

So, what is the ballpark cost of building or renovating a pool today? Here are some general estimates:

Pool Renovation Costs:

If you’re resurfacing your pool, replacing the tile, updating plumbing, or upgrading decking, you can expect to spend anywhere from $15,000 to $75,000 or more. A basic resurfacing might fall on the lower end, while a full overhaul with new features will land you at the higher end.

New Pool Construction Costs:

Starting from scratch? A basic in-ground concrete pool with standard finishes could cost around $60,000. If you go for premium materials, automation, lighting, custom shapes, and luxury features, costs can go beyond $150,000.

Keep in Mind:

These are just rough estimates. Your location, lot conditions, local labour rates, and the choices you make will all impact the final number. It’s always best to get a detailed quote tailored to your site and vision.

4. Smart Ways to Budget for Your Pool

Now that you know what goes into the cost, let’s talk about smart budgeting. No one wants to be halfway through a project only to find they’re out of funds. Here’s how to stay ahead:

Start with a Professional Quote:

A proper quote should list every part of the job from excavation to plumbing to finishing touches. The more detailed it is, the easier it is to plan and spot hidden costs.

Know Your Must-Haves vs. Nice-to-Haves:

Make a list. What are the features you can’t live without? And what would be nice if your budget allows? This helps you stay focused and avoid impulse upgrades that could strain your budget.

Always Have a Backup Fund:

Even with good planning, surprises can happen. Soil issues, weather delays, or unexpected repairs can pop up. Set aside 10 to 15 percent of your total budget for these situations.

Explore Financing Options:

Many homeowners use financing options like pool loans or home equity lines of credit (HELOCs) to help spread the cost over time. Just make sure to review the interest rates and repayment terms carefully.

Choose Licensed and Insured Contractors Only:

Hiring someone based on the lowest price might save you money up front, but it could cost you big in the long run. Make sure you’re working with professionals who are licensed, insured, and experienced in the kind of project you’re planning.

Ask Questions:

Don’t be shy. A good contractor will be happy to walk you through your quote, explain materials, and suggest ways to save without cutting quality.

5. Why Doing It Right the First Time Really Matters

It’s tempting to cut corners to save money, but this is one area where quality matters. A well-built pool not only looks better, it performs better too. Here’s what you gain by doing it right from day one:

• A longer-lasting pool with fewer repairs

• Better safety and compliance with local codes

• A real boost to your property value

• Lower long-term maintenance and energy costs

• Peace of mind knowing everything was done properly

A pool should be a source of joy, not stress. Investing a little more now can save you a lot later.

Final Thoughts: Plan Wisely, Build Smart

Your swimming pool is more than just a backyard feature—it’s where you’ll make memories, relax, entertain, and invest in your lifestyle. And like any big investment, it pays to go in prepared.

Start by learning the basics, like you’ve done here. Then work with a trusted contractor who takes the time to understand your vision and your budget. Whether you’re renovating an older pool or building a new one from the ground up, a little extra planning can go a long way.

Ready to get started? 

Contact us for a detailed, no-pressure quote from our licensed pool experts. We’ll walk you through every step and help bring your vision to life.