ResGuy is a good guy!
The subject property is in MI afterall. I would think there is market for indoor pools in a climate where outdoor pools are only used from June through September. I have seen my fair share of indoor pools in southeastern MI and have treated each scenario as I thought the market would react to the space.
all adjustments and comments come from analysis, and so each and every appraiser should be lining up what is discussed with data from there own local markets and figured out where exactly things fall there.
If it's usable all yr and liveable all yr and under the same roof and in the same house you can count it as living area. my .02 centsHello,
I’m appraising a kind of “unique property”. The subject has an indoor swimming pool. The swimming pool is in extension of the living room. In fact the swimming pool is in the living room, there are no walls to separate the swimming pool area and the living room. Can this be considered as GLA?
Thanks for your help!
Hello,
I’m appraising a kind of “unique property”. The subject has an indoor swimming pool. The swimming pool is in extension of the living room. In fact the swimming pool is in the living room, there are no walls to separate the swimming pool area and the living room. Can this be considered as GLA?