Adjustment for pool

[TMG]

Pools are for kids. If its a younger neighborhood with lots of kids maybe yeah. Or estates where everyone has one. Or somewhere where its hot.

In older tracts, I consider them a detriment.

 

[Fernando]

Pools are for kids. If its a younger neighborhood with lots of kids maybe yeah. Or estates where everyone has one. Or somewhere where its hot.

In older tracts, I consider them a detriment.

And potential liability problems. I believe a pool in CA need to be surrounded by a fence/gate.
Lenders never question about this when they see it in the report.
In CA, I believe if someone trespass into your yard and there's no gate hindrance and drown in your pool, you can get sue.

 

[ZZGAMAZZ]

And potential liability problems. I believe a pool in CA need to be surrounded by a fence/gate.
Lenders never question about this when they see it in the report.
In CA, I believe if someone trespass into your yard and there's no gate hindrance and drown in your pool, you can get sue.

No skateboarding allowed in the bottom of a pool that is filled with water. That must be posted both above and below the water line. California Liability Law. LOL.

 

[Digger88]

once a pool is up and running they are remarkably cheap to maintain.

 

[Fernando]

once a pool is up and running they are remarkably cheap to maintain.

I know some wealthy who complain about cost of maintaining a pool. They hardly use it.They tell me not to get a pool.
Easy to say when they have a pool.

 

[Carnivore]

In my area we have inground pools but they are relatively rare.

Around here I think the only time you could call a pool super-adequate unless it takes up entire backyard or maybe it's located in a Development that has a Community Pool and Clubhouse. This also has a lot to do with Price Range of Homes.

Either way the Principal of Contribution definitely comes into play.

 

[ZZGAMAZZ]

once a pool is up and running they are remarkably cheap to maintain.

IMO this is a very interesting comment, which pertains to the purchase of a SFR with an existing pool. To some extent, the low maintenance expense (if true) would seem to counter the superadequate-based drag on market response. (The AF rocks as always by providing practitioners with a forum to express unfiltered views; and I wonder whether an appraiser's perspective of "peer" perspective has ever come into question by a regulatory entity; and if so, could demonstrated participation in the AF be cited in support of the appraiser...)

 

[ZZGAMAZZ]

Pools are for kids. If its a younger neighborhood with lots of kids maybe yeah. Or estates where everyone has one. Or somewhere where its hot.

In older tracts, I consider them a detriment.

For several years working in a different industry, several coworkers (rather hoity-toity type people) routinely as a group visited Disneyland to party. Boy they got pixxed when I advised them that IMO the venue was for kids.

 

[Tim The Enchanter]

Cheap?

I'm sure this is why I see them in higher dollar hoods and not low dollar hoods.
When we were house shppping we specifically did not want a pool for the expense, and we would probably not use it much.

 

[ZZGAMAZZ]

Cheap?

I'm sure this is why I see them in higher dollar hoods and not low dollar hoods.
When we were house shppping we specifically did not want a pool for the expense, and we would probably not use it much.

View attachment 56351

If the appraiser works from his "home office," could the maintenance expenses for the pool be considered as a business-related marketing/entertainment tax deduction???"