Inground pools?

[john snyder]

Many years ago an excellent appraiser by the name of Ron Trantham MAI from Flint did a study of contributory value of pools. Generally he found in his study that in-ground pools are worth about 1/2 of the cost and he further established that pool improvements may contirbute about 10% of the market range of your subject. Lower prices bring less value as ie. a $ 50k price range would be $ 5k and a $ 200k may be $ 20k - but only up to 1/2 of the cost as a maximum.

If I recall correctly lower price range cannot afford the upkeep as well and hence there is less value attributed.

jbs

 

[Lawrence R.]

Try finding paired sales data if at all possible.(the rest of a very good response removed for brevity)

I would say this is good advice, if it were given to you BEFORE you made your adjustments...

 

[Metamorphic]

Prove it has value with a paired sale or a solid statistical market analysis and present it. The difference between real property and personal property is well defined. Improvements attached to the land that have value are fair game.