Is your swimming pool not functioning as well as it should be? Or is it outdated? Well, if that’s the case, you need to renovate it. But how much will that cost? Well, recent industry data shows that most homeowners spend anywhere between $6000 to $15000 on pool resurfacing alone.
And full renovation costs can be even higher. The good news? You don’t have to drain your finances in order to get the best pool renovation outcome. Let’s learn more below.
When to Invest in Professional Pool Resurfacing Instead of Patching
A quick patch seems cheaper and more convenient. Right? Well, it’s only a temporary fix that does not solve the root cause. That means your pool will continue to deteriorate. And, over time, there’ll be new cracks, stains, and leaks around the repaired areas.
This ensures that you may have to continuously pay for repairs and maintenance. And those ongoing expenses can quickly add up. Sometimes, they may even be more than the cost of a full pool resurfacing. Therefore, instead of choosing patch work, go for professional pool resurfacing services.
It provides a more cost-effective and lasting solution for homeowners than patching.
Budget Planning for Pool Resurfacing: What Drives the Cost
The cost of resurfacing one pool cannot be the same as that of another. The difference occurs because of factors such as:
- Pool size
- Different current surface conditions
- Choice of finish material
- The extent of preparation work needed
So, as a budget-conscious homeowner, you need to understand all of these variables. They’ll help you get accurate quotes. What’s more, you’ll get to understand all the ins and outs of a pool resurfacing cost in a professional quote. And you may use that knowledge to:
- Explore different finish options across different price points.
- Evaluate whether a lower bid is genuine.
Low-Cost Pool Deck Upgrades That Add Value Around a Freshly Resurfaced Pool
After you’ve resurfaced your pool, the next thing that you can do for your home improvement project should be to upgrade your deck. And the first step you can take is deck cleaning. This will help to remove grime and stains. At the same time, it extends our deck life.
Also, consider adding a slip-resistant coating. It improves safety and gives your deck a cleaner and more uniform finish.
How Financing Options Make Pool Renovation More Accessible
Pool renovation can cost you about $5000 to more than $25000. That can be daunting. But the good thing is that there are several financing options you can consider. Some of them include:
| Financing Option | General Terms | Best For |
| Home equity loan | 5 to 15 years, 6-9% APR |
|
| Home equity line of credit | 10 years draw, 15-20 years repayment, 7-10% APR |
|
| FHA title loan | 10-20 years, 8-11% APR |
|
| Personal loan | 2-7 years, 10-20% APR |
|
| Credit card (0% intro APR) | 12-21 months interest free |
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Which Pool Renovations Add the Most Resale Value to a Home
A full pool resurfacing is the pool renovation that adds the most resale value to a home. That’s because it reduces buyer concerns of hidden damage and future repair costs. What’s more, it improves the appearance and functionality of a pool.
In short, it ensures that a pool is not a potential liability to possible buyers.
