A Cost-Benefit Analysis of Your Pool
To understand if pool demolition is worthwhile for you, consider how much you benefit from your pool. How many hours a month does anyone swim in it? Do you hold pool parties as often as you thought you would? Have the kids outgrown the pool? If going to a public pool instead would be an option for you, determine how much that would cost and compare that to the costs of having your pool.
The next step is to add up the costs. Don’t forget to include these costs:
- Pool chemicals
- Pool cleaning
- Pool repairs (average this out over a year)
- Buying and maintaining pool safety equipment
- Increase in water bills
- Increase in electrical and other utility costs
- Increase in home insurance
Don’t forget to include the time you spend cleaning, repairing, closing and opening your pool or the time and money you spend getting someone else to do it. For many people, this cost-benefit analysis will reveal that they spend much more time and money on their pool than they thought, and perhaps that they don’t enjoy it enough to justify the cost.