Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

222
Posts
34
Votes
Neil G.
  • Investor
  • Socal
34
Votes |
222
Posts

Appraisal Value Added? Trees, Waterfalls, Fountains, on Res/Comm

Neil G.
  • Investor
  • Socal
Posted

I've so often heard for decades that a mature ornamental and/or fruit tree - especially for instance, the Canary Island Date Palm in this area (Socal)  - easily adds 25k-50k to residential, commercial, or even undeveloped land. Ditto for pools, nat falls/creeks, etc in absence of the topmost sellers like waterfront or 365/clifftop views.

http://www.wsj.com/articles/SB108690570014334423

However, after years of observing appraisers doing their thing, never noticed any stop to smell the roses let alone scope out a backyard or landscape aesthetics!  Of course they do stand on the curb or streetfront for a couple mins taking notes, pics..

But do they actually add value for mature trees, orchards, artif waterfalls, ponds, fountains, etc?

Loading replies...