How to Save Money on an Inground Swimming Pool

13 May.,2024

 

How to Save Money on an Inground Swimming Pool

There are three primary types of swimming pools on the market: concrete (also known as gunite), fiberglass, and a vinyl liner. We've broken down the differences between these here, including varying cost factors. 

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If comparing the same size, steps, depth, etc. the typical order of most expensive to least expensive for these 3 pool types are as follows: 

  • Concrete (most expensive) 
  • Fiberglass (sometimes can't compete due to size restrictions)
  • Vinyl (least expensive)

While some people have an instinctive assumption that they wouldn't be happy with a less-expensive option, with the heavy impact of the pandemic and inflation on every industry including pools, many families are looking for a cost-effective way to get the home pool they really want, instead of being limited by the higher cost of supplies. This has led more people to look at their options and vinyl pool sales have soared as a result of what they are finding. 

Today's vinyl pools are not what you may remember growing up with. These days, many experts can't tell the difference between a high-dollar concrete pool and a modestly priced vinyl liner pool from photos alone. Meaning, you can get the high-end look you've always dreamed about, with all the bells and whistles you've come to expect on concrete pools, in a way that fits your pocketbook, too. Here's what you need to know: 

Pool Prices Increased Over the Pandemic

Due to Covid, prices for many supplies have increased substantially over the course of the last two years--including the supplies needed to build a swimming pool. Supply chain challenges have made it more difficult for businesses to bring in the materials they needed to even create the products not to mention keep them on the shelves.

Many pool companies--including ours--did not have enough supplies on hand initially to meet the steadily increasing demand as potential customers realized that they were going to be spending A LOT more time at home. 

As a result, pool prices have skyrocketed over the past few years--and those are pricing changes that do not seem likely to come down any time soon. The timeline to put in new pools has also increased due to a higher demand for experienced builders, meaning installation prices have also gone up. Before you give up all hope for making your backyard dreams come true anytime soon, stick with us. 

If you compare the price of a concrete pool to the price of a vinyl liner pool of the same shape, size, depth, etc., concrete pools have always been more costly. And unfortunately, thanks to the Covid-related cost increases, those prices are even higher now. Just the amount of concrete needed to complete the project alone can mean substantial increases, including a 3.6% increase in material costs during Covid. With concrete costs between $100.50 and $278 per sq. ft and the average residential swimming pool being 600 Sq. ft, you're talking upwards of $166,000 for just the concrete alone (not the pump, filter, other building materials, etc.). And that's before the pandemic inflation added another $6,000 for the same project (remember that 3.6% price increase we just mentioned). 

And while vinyl liner pools were no exception to increased materials cost, you can get A LOT more bang for your buck just due to how much less concrete you'll need for the job. And the "bang" in vinyl liner swimming pools has come a long way!

 

Improvements in Vinyl Liners

Historically, vinyl liner pools were considered the "budget" option for an inground pool. While they are still less expensive than other pool options (when comparing apples to apples), they are also much more attractive than pools you may remember from the 70s. Now, instead of drop-in steps, you can opt for beautiful full-width steps and a variety of high-end options.  

  • Deck jets
  • Waterfalls and fire bowls
  • Tanning ledges with bubblers
  • Liner patterns in an array of designs, colors, and textures, with or without a border

Basically, if you can imagine it, you can likely create it--allowing you to have your dream pool at a much lower overall cost. 

Top 3 Cost-Saving Advantages of Vinyl Liner Pools Most People Don't Think About

If you're considering installing a pool within the next few years, there are several advantages to choosing a vinyl pool over concrete or fiberglass. We've listed some of the biggest cost-saving advantages below but you can find a full run-through of the pros and cons for each pool type here. 

1. Replacing a Liner is Much Less Costly Then Resurfacing Concrete or Fiberglass

I know, you're thinking I haven't even got my pool yet! Are we really going to talk about this? Yes. Because all pools eventually need to be either resurfaced (concrete and fiberglass) or have a new liner installed (vinyl). And taking those costs into consideration now can save you THOUSANDS down the road.

In the past, vinyl liners might have been the less durable swimming pool option. Modern vinyl liners, on the other hand, are extremely durable and can last as much as 7-10 years with proper water care. In many cases, they will also need less overall maintenance than another type of pool. 

Eventually, of course, even the most durable vinyl liner will likely need to be replaced. Just like every concrete pool will eventually need to be resurfaced. Refinishing a concrete pool, on average, costs about $7,000 for every 1,000 square feet of concrete that you need to resurface. This is assuming that the 3.6 concrete inflation rate has subsided. Now compare this to the average cost of replacing an inground vinyl liner: $1,400-$4,800 depending on your pool's size.

Part of this is the cost of the material. Another deals with the ease of removing an old liner and replacing it which typically only takes 1-2 days.  Versus resurfacing the much more difficult task of resurfacing concrete, which can take a builder 5-7 days. 

Many homeowners even skip paying someone else to install their liner and opt to do it themselves. That's not an option with concrete pools but definitely a big money saver. 

Vinyl is also less vulnerable to freeze/thaw cycles in colder areas.

If you're in an area that sees cold winters, you will find that vinyl offers another advantage: unlike concrete, it expands and shrinks less during those freezing/thawing cycles that occur throughout the winter. As a result, you will not have to worry as much about repairs on your pool, which can help keep maintenance costs lower over time. 

In general, you should plan to have a concrete pool resurfaced every ten years. However, depending on climate and chemical use, you may need to resurface your pool as often as every 7 to 10 years. 

It's important to keep in mind that every 7-10 years, either concrete or vinyl pools will most likely require a facelift. This assumes that there's no excessive wear or tear, hard weather conditions, or poor chemical balance affecting the lifespan of either pool type. If you're concerned not just with the savings you get upfront but for the long haul, vinyl is a clear winner here.

2. Shorter Installation Time Means Big Savings

Not only can you save on the up-front cost of your pool kit, but when you choose vinyl over concrete or fiberglass you also save big bucks on the installation. Installing a fiberglass pool, for example, requires major equipment to lower the pool shell into the dug-out hole. This is can be the excavator used on the dig, but some have had to use a helicopter to get the job done. 

Installing a concrete pool means substantial material costs and roughly two months working with (and paying for) a construction crew. With vinyl, on the other hand, you can complete much of the installation process yourself--or even go entirely the DIY route if you want. But even if you go the more traditional route of hiring an amazing builder in your area, vinyl liner pools cost much less to install for a couple of reasons but mainly based on the time it takes to complete the project.

BUILD YOUR OWN SWIMMING POOL & SAVE MONEY

We mentioned in the last section that replacing an old liner takes much less time than resurfacing concrete or fiberglass. The same is true with the installation. And the less time a builder has to spend on the job site, the less it's going to end up costing you. 

On average, concrete pools take 7-10 weeks to install, cure and finish.
Whereas, a fiberglass pool takes 2-4 weeks to install.
And vinyl swimming pools only take 1-2 weeks, start to finish. 

Outside of potentially waiting much longer than anticipated before you and your family can cannonball into your new pool, those extra weeks being billed for your installation team's time really add up fast.

While you may still find yourself waiting for critical materials thanks to Covid supply issues or dealing with possible construction delays like weather (no one can reschedule rain), vinyl pools go up faster and more efficiently than any other inground pool type. This means you'll be able to enjoy it sooner and not have to pay for several more weeks of man-hours invested in the process. This equals significant cost savings. 

3. Vinyl Pools Don't Absorb Your Chemicals Like Concrete Pools

Ultimately, vinyl requires less maintenance--and less expensive maintenance--than the average concrete pool. Which sounds odd, right? But it's because concrete pools are porous, so they need a higher amount of the chemicals you use to keep the pool clean. That means:

  • Regular chlorine addition (an estimated 2 tablets for every 10,000 gallons, per week)
  • Pool shock (an estimated 1 bag for every 10,000 gallons, which you may have to apply weekly or monthly)
  • Algaecide
  • Specialty PH balancers and cleaning chemicals

You can avoid many of these expensive chemicals by utilizing a mineral system such as Pool Frog with E-Z Pool water treatment. Which is another great money-saving advantage for any type of pool. But vinyl tends to grow less algae in general, due to its non-porous nature.

Vinyl also tends to remain more balanced than a concrete pool since the chemicals will be less likely to leech into the surface of the pool. If you want to avoid excessive chemicals, which can be ideal for families with sensitive skin and sensitive wallets, you will find that a vinyl pool is a more logical choice for your needs.  

Pool Park

The showroom and design center at Pioneer Valley Fiberglass Pools and Spas in Westfield, Mass., covers 5 acres and displays six fully functional, inground Leisure fiberglass pools surrounded by a variety of hardscape products, all with Integra automatic pool covers.

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You gotta show 'em to sell 'em, right? That old adage applies to swim spas and saunas, casual furniture and fire pits, but does the direct experience of a fiberglass pool help customers decide to buy?

Yes, of course it does, and that obvious truth is the driving concept behind the new Pioneer Valley fiberglass superstore in Westfield, Mass. With an immaculate array of six different models set in comfy vignettes, it provides customers the chance to immerse themselves in the pool they are about to purchase.

They can feel the water with their fingers and touch the decking with their bare toes. They can see the crystal clear reflections shimmering in the sun, and hear the soft whirr of the VSP that comes with the package. And there is precise product pricing posted clearly on a poolside placard — all of which inspires a sense of solidity to the transaction and commitment from the builder.

The idea for a fiberglass pool park idea came to Pioneer Valley Owner Clancy Kaye 15 years ago. In his vision, customers were strolling around in the sunshine, dipping their fingers and toes into fiberglass pools, settling into Adirondack chairs, catching the scent of barbecue on the breeze, and contemplating what could be their own lifestyle with a few payments of mere money.

"I was thinking of something similar to an automobile dealership, right? Where you walk into a showroom, and there's maybe a Corvette and a couple other shiny cars, and people are milling around, getting brochures, talking to salespeople."

Kaye had some drawings done and ruminated for a while. Years went by. The business thrived, but the idea would not go away. And then one day, with the fiberglass category enjoying steady growth and the pandemic surge in full swing, he decided what the heck.

"I said, 'Let's build this. Let's put six fully functional pools in the ground, with a variety of hardscapes, all with automatic retractable pool covers, so when people come here, they can have most of their questions answered immediately in terms of pool style, color, and things of that nature."

WHAT IF YOU COME OUT?

The underlying genius of the idea is that by forcing customers to come to the store, it 1) automatically qualifies leads, and 2) simplifies and shortens the sales process.

It qualifies leads because by taking the time and effort to travel to the destination superstore, customers already have a little skin in the game. They've already put in their ante, so to speak. They've spent at least an hour of precious time, maybe more, and burned some gas.

"Over the years," Kaye says, "often people would call and say, 'We'd love to have you come out.' And I'd think, 'Well, I'd love to have you come out.' Because we cover a lot of territory, and driving can take hours, so why don't you come here where we can sit down and talk about our beautiful pools? I always feel like if there's a little bit of pushback on that, then maybe he's not motivated enough.

"If somebody says, 'Geez, that's just too far.' Well, sorry, (laughs) then it's probably too far for us, too. You can't be crisscrossing the state, running yourself ragged for people that really don't care about it."

SIMPLE SALES

The park further streamlines the sales process because it answers so many questions without words. With the pool configurations on display, customers gather information with their eyes, ears, nose and fingertips. And with a price tag on each pool, the money dance is shortened as well.

"We believe that the sooner the customer can get a price, the better," Kaye says. "And I think the customers really appreciate that. I mean, I know if I'm shopping for a car, I want to go to a lot where the price is on the car. I don't wanna have to mess around and have the guy say, 'Well, let me go check with my manager.' (laughs)

"I think that's very powerful. When it comes to price, let's just rip the bandaid right off. Let's not screw around, just tell them the price."

YOU GOTTA SEE IT TO SELL IT

Every salesperson knows that while catalogs, videos and advertisements are helpful, there's something very powerful in seeing the product. The primacy of physical presence is hardwired into the human brain. And the more products you have on hand, physically present, the more powerful the effect. That's why dealerships with full lots, and grocery stores with full shelves, and spa stores full of spas, all sell more.

That phenomena is in play at the Pioneer Valley superstore, coaxing customers to buy. Live product demonstrations help, Kaye says, especially with expensive add-ons like automatic pool covers. Massachusetts is one of the states where an automatic pool cover can replace a fence in local building codes, making it far more financially attractive, and the demo unit gets the conversation going.

"When people are out there next to the pool, and Tyson [director of sales Tyson Chamberlin] hits the switch, in 35 seconds the pool is uncovered. It's crystal clear, pristine, and they're like, 'Oh, yeah, I gotta have that.'

"That automatically starts the discussion: 'The automatic pool cover is 18 grand, but look, you'd probably spend $10,000 on a fence, right?' So that $10,000 is now a deposit on the 18 grand for the cover.

"Having it right in front of them makes it easier to sell those things, water features and anything else that we have out there that people can get inspiration from. It's a natural discussion. And it helps them make a decision."

Automation and equipment work the same. All the purchase details that normally have to be verbally described or computer visualized are self explanatory in the pool park.

"People often want to know how big the equipment pad is, and how loud the pump is, for instance. Here we can show them:

'Hey, can you hear that? That's the variable-speed pump.'

'Geez, I can't even hear it.'

'That's right. That's the idea.'

"Automation is the same: 'Let me pull my phone out and show you how we can start these water features from right here.'"

THE NATURE OF FIBERGLASS

In a way, the Pioneer Valley superstore is a natural progression in the growth of the fiberglass category, which has been vigorous for decades. At the turn of the century, the volume wasn't there, nor was the widespread installer expertise to put in zero-defect pools on a meticulous schedule, on a steady basis. But builders have perfected the process of delivering a reliable, attractive fiberglass pool.

"The guys really make this all happen," says Chamberlin. "Without a great team of installers and support people in place, you know, we couldn't possibly do this the way we do it. They take a lot of pride in their work. They work very long days, and they work hard."

"Fiberglass has come such a long way when you look at the shapes and sizes, features and benefits available today that weren't there when I started," Kaye adds. "They have dramatically changed, and that's changed how people look at fiberglass pools today. We can build a fiberglass pool as good as anything else out there."

The rapid market share growth of the fiberglass category is due to its unique characteristics. Fiberglass pools go in fast, and they are more standardized and affordable than other inground options. Fiberglass lends itself to the superstore approach because of its manufacturable, standardizable characteristics, and that ultimately makes it a powerful value proposition for consumers. They can have a beautiful, affordable pool, fast. And when the sales and specification process is streamlined by a pool park, that strong attractive feature is magnified. 

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