If you’re a basketball enthusiast, building an outdoor basketball court can be a dream come true. But if you’re not careful about your budget, it can also be a nightmare. Understanding what costs go into your basketball court can help you create a budget you can afford.
How much does an outdoor basketball court cost?
For some, a concrete slab and a hoop may be enough. But if you want a premium court, you might need to hire a contractor. The total cost varies depending on what materials and specifications you choose. Jake Angrisano of Matéflex breaks down the costs of each component.
Matéflex doesn’t pour concrete, so you’d need to hire a local contractor to do it. According to Homewyse, this will cost roughly $7 to $8 per square foot. That means a half basketball court (47 by 50 feet) would cost up to $18,800 to pour.
For a basic outdoor court, Matéflex’s basic polypropylene tiles are one square foot each and cost $3.90 apiece. A half basketball court would cost $9,165.
The cost of your basketball hoop, according to Angrisano, will depend on how big you want the backboard and the hoop extension to be. “The outdoor, adjustable, permanently installed hoop cost can range anywhere from approximately $1,000 to $1,750,” he says.
It costs $300 to paint the game lines.
Matéflex charges $350 per day for labor and an extra $300 per day for travel. However, you can save a lot of money by investing some sweat equity into your court and doing it yourself.
“The installation timeline depends on the size of the project, number of game lines, and a few other variables,” says Angrisano. “However, a full-size basketball court with four able-bodied workers should be able to be installed in a single day.”
If you want to go with more than the basic options, you can add additional features or upgrade the materials. Some potential upgrades Angrisano notes include:
- A full 72-inch glass backboard
- Extra game lines for other sports (e.g., tennis, volleyball, badminton, etc.)
- Adjustable net system for other sports
- Premium tile and other materials
In total, a basic half-basketball court will run you roughly $30,000 to install.
Tips for saving money on an outdoor basketball court
Building an outdoor basketball court isn’t cheap, but there are things you can do to bring down the costs.
The main way to cut costs is to do some or all of the construction on your own. The biggest portion of the concrete installation, for example, is the labor costs. Doing it yourself can save you thousands of dollars.
Also, Matéflex allows you to buy its tiles without the installation cost. You can even paint the lines yourself. The more you do on your own, the cheaper it’ll be.
Matéflex isn’t the only outdoor basketball court contractor out there. There may even be several local contractors that can do the job. Before choosing one, compare multiple options to make sure you’re getting the best quality and the best deal.
Financing your outdoor basketball court
Even if you do most of the work on your own, building an outdoor basketball court can cost thousands of dollars. If you don’t have that kind of cash lying around, you’ll need to think about your financing options. Consider the following options:
Use a credit card
If your credit is good, you may qualify for a large enough line of credit to cover your expenses. Some credit cards even offer introductory interest-free periods — usually six to 18 months. This lets you avoid interest while paying off the costs over time. Just be sure to finish paying before the grace period is up. After it ends, interest rates will spike.
Looking for a credit card to finance your new court? Compare your options and read reviews of our top picks here.
Apply for a personal loan
A personal loan is another good option. You can apply for your loan at a bank or credit union, or compare offers at online lenders. Your safest option is to get an unsecured personal loan, which doesn’t require collateral and usually charges a fixed interest rate. Different personal loans come with different rates, fees and requirements, so check out what the best personal loans are to ensure that you choose the best option for you. Pursue the shortest loan term that you’ll be able to comfortably pay off — these offer the lowest interest rates.
If your credit is middling, you may be unable to qualify for an unsecured loan with decent rates. If that’s the case, consider a secured loan. By pledging your assets as collateral, you can get approved for a loan even without good credit. Be aware that secured loans’ variable interest rates may fluctuate over the life of the loan. And if you default on the loan, your possessions will be on the line.
Building a basketball court is an exciting endeavor! Maybe you’re a seasoned DIY-er ready to roll up your sleeves and lay the concrete. Or maybe you’re a basketball purist, looking for a contractor to construct a competition-quality court. Whatever your preference, the right financing option could mean the difference between debilitating debt and basketball bliss. Compare loan options, consider credit cards, and make the choice that’s right for you.
Ben Luthi is a personal finance writer and a credit cards expert who loves helping consumers and business owners make better financial decisions. His work has been featured in Time, MarketWatch, Yahoo! Finance, U.S. News & World Report, CNBC, Success Magazine, USA Today, The Huffington Post and many more.