Pool maintenance

Guild: How much does pool maintenance cost?







When preparing for home ownership, it is essential to establish a solid budget that includes the costs of maintaining your home inside and out. Some experts advise setting aside 1% to 4% of your home’s value each year for repairs and replacements. But what budget should you plan for if your new home has a swimming pool? You can expect to spend an average of $180 per month on pool maintenance during the season of use, for an average of $1,450 per year. Of course, if your pool is open for a longer season because you live in a warmer climate, you will pay more.

Taking care of your pool helps ensure that the water is clean and safe for swimming. Proper maintenance can also prevent future more expensive repairs. However, not all pools are built the same or require the same care and repairs. They come in different shapes and sizes, indoors or outdoors, and can be filled with salt or chlorinated water. They can also be above ground, semi-buried above ground or buried.

In-ground pool maintenance costs

Whether your style of pool is in-ground or above-ground, the same average of $60 to $95 per hour for pool maintenance applies. In addition, you will spend between $300 and $800 per year for the chemicals needed to maintain a traditional in-ground chlorine pool. If your pool is concrete, it will require additional chemicals and you will need to brush off surface algae. Fiberglass is algae resistant, which makes it less expensive to maintain than concrete.

Above Ground Pool Maintenance Costs

Above ground pools first became popular in the 1950s and have recently seen a resurgence in popularity. They are less expensive and both easier and faster to install than in-ground pools. In general, maintenance costs for above-ground pools are the same as for in-ground pools. Note that most above ground pools are smaller, which is a factor in calculating pool maintenance costs. Bob Vila points out that the smaller the pool, the less expensive it is to maintain.

Maintenance costs of saltwater pools compared to chlorinated pools

Although more expensive to install, you will spend less on the daily maintenance of a saltwater pool than its chlorinated counterpart. The salt and chemicals used in a saltwater pool will cost you around $100 per year. Although there is no manual addition of chemicals with a saltwater pool, every three to five years you will need to invest $200 to $700 to replace the salt cell.

DIY Pool Maintenance Costs

If you prefer the do-it-yourself method of reducing pool maintenance costs, there are several tasks you can do yourself.

  • Pool cleaning, including emptying skimmers, removing leaves and debris, brushing pool walls and vacuuming pool bottom. Robot vacuums can also be installed to do the cleaning for you

  • Checking and cleaning the filter

  • Balance chlorine, calcium and pH levels

  • Shock your pool to keep it clean of algae

  • Make sure the water is circulating

  • Winterize your pool with a pool cover

Forbes recommends having the pool professionally checked at least once a season. “While maintaining the pool yourself can save you money in the short term, more costly problems could arise if something is overlooked or overlooked.”

Top 5 hidden costs in pool maintenance

  • 1. Assurance

    Since swimming pools may present additional risks, the price of your home insurance may be higher. The Insurance Information Institute (III) recommends informing your insurance company that you have a pool. In addition, it may be advisable to take out additional liability insurance. The III also recommends installing a fence around your pool to create a barrier so it cannot be used without your knowledge. Municipal pool laws in your area may also require a wall, fence or barrier surrounding the pool.

  • 2. Utilities

    If you want your swimming season to last a little longer, it will cost you around $100 to $600 per month to heat your pool with traditional heating methods. With an energy-efficient mortgage, you have the option of bundling the typical up-front costs of certain energy-efficient upgrades or solar panels into your mortgage so that you can spread those costs over the life of the loan. Energy-efficient upgrades to your home can help reduce utility costs, which helps lower your monthly expenses.

  • 3. Lights

    Replacing a light bulb can cost between $20 and $100, and replacing a pool light will cost an average of $625. Since LED bulbs won’t need to be replaced as often as traditional lighting, switch to energy-efficient lighting to reduce energy bills and maintenance costs.

  • 4. Leaks

    Inground pools can have structural cracks and above ground pool liners can tear. In either case, the leaks are repairable but will cost you depending on the severity.

  • 5. Replacing pool filter cartridges

    All pools have filters to keep your pool clean regardless of style. Depending on the size of your pool and how often it is used, it may need to be replaced every one to two years.

Warning

Guild Holding Company published this content on April 21, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Apr 21, 2022 11:27:03 PM UTC.

Public now 2022

All news from GUILD HOLDINGS COMPANY

GUILD HOLDINGS COMPANY analyst recommendations

2022 sales 1,235 million

2022 net income 137M

Net debt 2022

PER 2022 ratio 4.32x
2022 return 3.21%
Capitalization 571M
571M
capi. / Sales 2022 0.46x
capi. / Sales 2023 0.44x
# of employees 5,100
Floating 14.7%

Chart GUILD HOLDINGS COMPANY


Duration :

Period :




Guild Holdings Company Technical Analysis Chart |  MarketScreener

Technical Analysis Trends GUILD HOLDINGS COMPANY

Short term Middle term Long term
Tendencies Bearish Bearish Bearish



Evolution of the income statement

To sell

To buy

Medium consensus TO BUY
Number of analysts 6
Last closing price $9.36
Average target price $14.83
Average Spread / Target 58.5%