Swimming Pool Remodel Financing

Increasing Property Value With Swimming Pool Remodel Financing

Suppose you either invested in building a swimming pool years ago or bought a property with a pool that needs an update. In those cases, you are probably looking for swimming pool remodel financing options that help you get the project done, increase the value of your home, and avoid breaking the bank.

A swimming pool can increase your home’s value by up to 7% under certain conditions, which are cited below from Houselogic by Realtors:

  • The style of the pool. Does it fit the neighborhood?
  • The condition of the pool. Is it well-maintained?
  • The age of the pool. If you put a pool in today and sell in 20 years, you probably won’t recoup your costs, especially if the pool needs updating.
  • You can attract the right buyer. Couples with very young children may shy away from pools because of safety issues, but a childless couple or one with older children may fall in love with it.

The items above give you even more solid reasons to embark on a pool remodel, making your investment worthwhile.

When is it a Good Time to Remodel Your Pool?

Although a renovated pool can make your house easier to sell, you may not want to go through the remodeling process just to put your house on the market soon after. It can be an asset you and your family will enjoy for years to come if you do it right.

We suggest you ask yourself a series of questions that will help you determine when the right time for a pool revamp is and if swimming pool remodel financing makes sense:


  • Did you detect a leak?
  • Are your pumps and other plumbing equipment working correctly?
  • Does your pool have current sanitation technology?
  • Are there any other design aspects that no longer make your current pool safe for the whole family (i.e., the pool is too deep for small children, it doesn’t have safety fences)?


  • Does your pool style match your house and your neighborhood?
  • Are the tiles, lights, and other fixtures in good working condition?
  • Are the overall design and finishes of the pool outdated?
  • Are the decking and landscaping as attractive as your pool?


  • Does the size of this pool fulfill your needs?
  • Is the pool suitable for people of all ages?
  • Could the pool have additional areas for other purposes such as relaxation?
  • Does the pool area have outdoor seating options available for the family or to entertain?

Don’t forget add-ons and areas around the pool

You may now be thinking there’s so much more to pool remodeling than just changing a few tiles or other more evident repairs. Frequently, renovation projects include basic changes such as replastering, resurfacing, and, as mentioned, retiling, or just updating the light fixtures to LED technology.

However, many homeowners use the opportunity to make other changes that include adding new areas such as an outdoor kitchen, a dining area, a spa, and/or a cabana. Don’t just think about the pool itself, but consider its surroundings when it comes to evaluating the type of remodeling project you want.

  • Would a slide or a waterfall add more fun to this space for family and friends?
  • Is the budget suitable to consider adding other luxury features?
  • Is now the right time to update decking, add a cabana, and/or improve the landscaping?
  • Is there enough space around the swimming pool to include an activity or game area?

Before even looking at all of the possible swimming pool remodel financing choices, take time to consider your goals and what you can afford. Just as with building a swimming pool from scratch, renovating your current one can be a demanding venture, and you need to make sure to have all the variables covered for the project to be considered a success.

Related: 6 Reasons to Hire a Swimming Pool Builder

Time To Get Swimming Pool Remodel Financing Options and a Quote

Each homeowner’s personal reality at the time of pool remodeling is unique. Some people may be able to pay cash for their swimming pool remodel, although most choose to finance some or all of the project. Whether you’re in a new home, self-employed, have recent career changes, credit issues, or other criteria, your life situation at the time will dictate which financing option is the best for you.

Here is a quick look at a few swimming pool remodel financing alternatives you may find in the market:

  • Home equity loan: A home equity loan is financing you obtain based on the equity you have in your home. It is also commonly known as a second mortgage.
  • HELOC: According to CreditKarma, “A HELOC — also known as a home equity line of credit — allows you to borrow against the equity you’ve already built up in your home. As a line of credit, a HELOC allows for flexibility around both borrowing and repaying the money. But it can also require borrowers to stay especially disciplined when it comes to taking out funds and repaying their lenders.”
  • Cash-out refinances: If you are currently paying a mortgage for your house, this type of financing lets you get a new loan for a higher value, and you receive the difference amount to cover the remodeling project.
  • Contractor signature loan: Your chosen contractor may have financing plans available to complete your project, either directly (they act as the lender) or through third parties (typically, financial institutions). Make sure they offer terms that fit your budget and they have people available to guide you through the application and approval process.

After looking into swimming pool remodel financing options, you need to find a contractor you trust. It is always best to work with a company with a solid reputation in the industry and with an extensive reference catalog of their previous projects.

With your credit options in mind, your preferred contractor will establish a personalized design for your needs, they will provide you with a quote, and then you can choose the financial option that is best for you.

Related: A Homeowner’s Guide To Pool Remodeling

What Can You Expect From a Pool Remodeling Project?

Once you have a clear understanding of your project’s needs, the right credit option for you, and of course, the proper contractor, you are ready to start your project. Depending on the scope of your particular project, you can expect it to take anywhere from four weeks for a simple task to 12 weeks or more for more complex projects.

Some tasks can run concurrently to save time. Standard, typical steps, for instance, may take place while other pool or backyard renovations are happening. You may also hear your contractor explain they need to drain the pool, chip and prime the surface, complete tiling, reapply the surface, fill the pool up with water, or chemically treat it to make it usable again. You may not have considered these procedures in your wishlist, but they may still be part of the remodeling process.

Your contractor should make the remodeling project as smooth and easy for you as possible and be completely transparent with the process and the pricing. Therefore, it is worth the time investment to do proper research. Work with a pool contractor who will provide the service you want to save you from stressful situations and guarantee the updated pool you expect.

California Pools focuses on creating exceptional outdoor living spaces. With more than 70,000 pools built since 1952, they are the undisputed experts in swimming pools and beyond. Get started on your renovation project here.

Good times guaranteed.
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