For those who can afford it, in ground pools can offer the best in luxury. They are also a fun way to keep cool during the summer and also promise a great workout without going to the gym. You can also plan fun pool parties and get-togethers for your friends and family. Before you consider installing an in ground pool, you must be aware of in ground pool prices and associated costs. In addition to this, remember that an in ground pool makes sense only if you own a large home. There’s no point cutting all the backyard space to have a one foot pool.

In-ground swimming pools are more expensive than above-ground pools however they are a permanent home improvement that can increase a yard’s aesthetic value. In case you ever sell your property, in-ground swimming pools are more appealing to potential buyers. In-ground pool prices range from $7,000 to $80,000 USD. There is such a large range of prices because a lot of factors can get involved in the construction of this type of pool. These factors include:

Higher insurance premiums – when a pool is installed, your homeowner’s insurance will likely increase as well. A lot of carriers will recommend carrying at least a $1 million dollar liability policy and this is in addition to the safety fence requirement.

Maintenance – this could be an on-going cost and may include; changing the water monthly, swimming pool kits, repairs, operation of the filtration system, pool resurfacing (every 10 or 15 years maybe).

Indeed, there are other things to consider beyond looking at in-ground pool prices in the market.