Custom Vinyl Pool Design and Construction
From your initial consultation, to design, construction, and project management, Lonestar Vinyl Pools is completely committed to making your pool building experience an easy one. Swimming pool construction has been in our family for over 40 years now. We are a professional swimming pool builder with a in-house construction crew, this advantage gives us absolute control over the quality of craftsmanship. You will work with one swimming pool construction professionals through the entire construction process from design to final completion. We believe in building this relationship with our clients assuring nothing is lost in translation between your approved design and the final completion of your project. From simple practical family pools to over the top, high end luxury swimming pool projects, we are ready and fully capable to exceed your project expectations.
Swimming pool ownership can be extremely rewarding. To get the most out of owning a pool it is important to do your research and take your time in choosing your pool.
Here are a few things to consider when planning your project.
1. Discuss the project with your family - It is important that the swimming pool meets your families needs.
Things to consider...
Sport pool, Diving pool, Lap pool?
Traditional, Modern, or Tropical lagoon look?
Pool only or Pool with spa?
Water features such as a waterfall or Deck Jets?
Diving Board or Slide?
Tanning Ledge or Bench Seating
Deck space for tables or lounge chairs?
2. Determine a budget you would like to stay within - Pools vary in pricing , and can range from $50,000 to $100,000 depending on size, options and features .
3. Get a copy of your plot plan (also called survey plan) - This will show all easements and setbacks, which will prevent any surprises later on.
4. Call or email Lonestar Vinyl Pools for a consultation - we look forward to working with you on your project and transforming your backyard into the family-fun oriented or peaceful oasis that you desire.
Is a swimming pool the right choice for me financially?
In addition to the loan payment you need to consider the total operating costs (water, electricity, and chemicals). The average cost of operating the swimming pool filtration equipment is going to be around $25-$40 per month. Regulations have changed for 2021, and the Department of Energy has mandated that only variable speed pumps can be used in new pool construction. Single speed motors will be unavailable after July 2021, with the exception of pumps under 3/4hp such as booster pumps for pool cleaners. The average cost for chemicals depending upon the size of the pool and the routine maintenance can range from around $60-$100 a month, being higher in the summer and lower in the winter. And the average water cost can be up to around $150 per year or more. These averages are based on taking care of the pool yourself, and operating the pool equipment for 8 to 10 hours per day. With all things considered you would need to account for this into your month finances. If this is not in your budget, then purchasing a swimming pool is probably not a wise financial move..
What are the financing options?
There are several ways to finance a swimming pool. The two most popular are:
1. Home Improvement Loan
2. Home Equity Loan
These are some of the general guidelines for each type of loan.
A. Common to both types of loans
Available for long term- usually 3 years to 25 years (length of time based on dollar amount).
Interest is tax –deductible in most cases – see your accountant for more information.
State law requires that a minimum of 15 days pass before loan is funded. (12 days to close loan plus 3 day right to cancel).
B. Home Improvement Loans
Loan can be for up to 100% of the appraised value of your home.
Improvements being made can be added into value of your home.
Loan can be rolled into a permanent mortgage in case of refinancing.
C. Home Equity Loans
Loan can be made for up to 80% of the appraised value of your home.
Improvements being made cannot be added into the value of your home.
Loan cannot be rolled into a permanent mortgage in case of refinancing.
Can only apply for 1 home equity loan in a 12 month period.
Has a lower interest rate than a home improvement loan in some cases.
Each loan has its advantages, and each lending institution has different policies and procedures for these types of loans. It is important to discuss with your loan officer what type of loan would work best in your situation.