MARKETVALUENOW
Sophomore Member
- Joined
- Dec 14, 2007
- Professional Status
- Licensed Appraiser
- State
- Michigan
I just got off the phone with a client who's UW requested me to remove a an adjustment for an inground pool. They specifically stated that "pool adjustments are not allowed in Michigan" I have not ever heard of such a thing.
The subject is a high-end home. I would believe that potential buyers would not be scared off by the minimal maintenance costs associated with a pool, as compared to the cost of the home.
Am I wrong for including an adjustment?
I can understand that it may not be a benefit in a small, more inexpensive homes where the buyer may not want to, or can't afford to maintain the pool, but I would estimate that the owner or potential buyer of the subject would not blink at the cost of maintenance.
The house also has lighted tennis courts, a basketball court, and a lot of acreage, which all require yearly maintenance as well, but they did not ask me to remove any of those adjustments?
How should I proceed.
The subject is a high-end home. I would believe that potential buyers would not be scared off by the minimal maintenance costs associated with a pool, as compared to the cost of the home.
Am I wrong for including an adjustment?
I can understand that it may not be a benefit in a small, more inexpensive homes where the buyer may not want to, or can't afford to maintain the pool, but I would estimate that the owner or potential buyer of the subject would not blink at the cost of maintenance.
The house also has lighted tennis courts, a basketball court, and a lot of acreage, which all require yearly maintenance as well, but they did not ask me to remove any of those adjustments?
How should I proceed.