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Updated about 10 years ago,

User Stats

280
Posts
68
Votes
Jordan Archer
  • Rental Property Investor
  • Stuart, FL
68
Votes |
280
Posts

How to adjust comps for an in-ground pool?

Jordan Archer
  • Rental Property Investor
  • Stuart, FL
Posted

Hey BP,

I'm looking at a house that looks to be worth about 80k based on comps. However, none of the comps I'm using have a pool.

The house in question has a pretty nice, screen-in, in-ground pool. (See picture)

The county appraisers site is adding $22,750 to the property value for the pool! Is this crazy?? Should the added value be more like in the $5-10k range? Especially for a house that looks to be worth only 80k w/o.

Thanks BP!

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