Above-Ground Pool - Personal Property?

[Tumbuktu]

Should Above-Ground Pool be treated as a personal property. If geographic region matters in this decision, I am talking about Texas, where most properties have In-Ground Pools.

 

[Tom Woolford]

I'm in Florida, and down here they are treated as personal property. I've yet to see a foreclosure where they were left behind.

 

[Noreen]

They are considered personal property here.

 

[Tumbuktu]

Thanks

Thanks a lot.

 

[Pilgrum]

If the owner can drain the water and take the pool with them it is personal property.
From the dictionary of Real Estate Appraisal;

personal property
1. Identifiable tangible objects that are
considered by the general public as
being “personal,” for example,
furnishings, artwork, antiques, gems
and jewelry, collectibles, machinery
and equipment; all tangible property
that is not classified as real estate.
(USPAP, 2002 ed.)
2. Consists of every kind of property
that is not real property; movable
without damage to itself or the real
estate; subdivided into tangible and
intangible. (IAAO)

 

[Pilgrum]

Also.
A question.
You are in Virginia and you are appraising a property in Texas?

 

[Restrain]

Above-ground pools are personalty, and should be so addressed in the appraisal. While a PITA, they can be disassembled and moved to another location. Further their removal does not affect the residence, so not a fixture.

 

[J Grant]

Personal property. A spin of RE agents is to mark above grounds pool as "yes" having a pool on MLS. They help keep us in business verifying their nonsense .

 

[CANative]

What about really elaborate setups with very large, very high quality above ground pools surrounded by extensive, high quality decking and landscaping?

These can be obviously favorable features that cause buyers to pay more for such a property than a property without them.

While the pool itself may not be "real property" should the appraiser account for them in determining the opinion of market value?

 

[Tim The Enchanter]

Personal property. A spin of RE agents is to mark above grounds pool as "yes" having a pool on MLS. They help keep us in business verifying their nonsense .

Or they mark yes for pool, when it's a community pool.

While the pool itself may not be "real property" should the appraiser account for them in determining the opinion of market value?

Personal property, No value "given"! Because you know, we give value, and we can take it away.