Is a pool really worth the price?
- Several years ago, I installed an inground pool at my house.
- My pool costs me money every year for extra electricity, chemicals, and opening and closing.
- I’m still glad I put in the pool even though it has substantial ongoing costs.
Several years ago, I installed an inground pool at my house. I saved up to pay for the pool in cash, so I didn’t have to explore different methods of financing a pool installation.
However, even though I don’t have any payments to make on a pool loan or renovation loan, that doesn’t mean my pool doesn’t come with a cost. In fact, I added up the amount I spend to keep it running and estimated the annual cost to be around $1,050 per year. This includes opening and closing the pool; additional electricity and propane to operate pool equipment and heat pool; and the cost of chemicals.
Obviously that means my pool is a huge expense. But, there are a few reasons why I think the pool is worth the price.
My pool has made me enjoy my house more
Although my pool costs me a lot of money, it also gives me a lot of pleasure.
I enjoy looking at my pool as it has a very nice design that completes my backyard. I have also spent endless hours swimming in the pool and having fun around it.
The area where my pool was located was not usable space before, it was a hilly area with a lot of weeds. But now it’s a place where we spend tons of time. The annual cost of the pool is well worth the added enjoyment I get, as the pool essentially expands the usable square footage of my home and allows me to feel like I’m walking into a vacation retreat every time I step outside.
Can we spend time in the pool instead of paying for other activities
My pool was also worth it because my family spends time there instead of having to pay for other activities.
Last summer, my son and I went swimming almost every day. I plan to do the same with my son and my new daughter this year. Since we can enjoy our home pool together, we won’t spend money to join a community pool or pay for so many other activities like visiting museums or music classes. We spend a lot more money doing these things in the winter when we don’t have an easy source of entertainment in my backyard.
Since our pool gives us so much to do during the summer days, we end up saving money, gas, and time spent driving. This helps offset some of the expenses associated with keeping the pool running.
Of course, not everyone will find installing a pool worthwhile, especially since it comes with a large ongoing cost. But my experience shows that sometimes it’s worth accepting ongoing expenses if you can save money in other areas and get enough pleasure for your money.
The key is to consider the long-term expenses associated with this type of purchase and make sure it’s really worth it for you given your lifestyle and needs.
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