Adjustments to Comp Sales: Pool

By jkutner, 29 April, 2010, 3 Comments

You must adjust any comparable sale to make an effective case for a property tax reduction before your local Appraisal Review Board.  Here we’ll discuss Pool/No Pool

Pool and no pool are adjustments that must be made if your property differs from the comparable.  Your appraisal district will tell you how to adjust if you attend an informal negotiating session before your ARB hearing.

At Property Tax Protest we typically adjust at the rate of $15,000 for values to $500,000, at $25,000 for values to $1,000,000 and at a more tailored value when home values exceed $1,000,000, depending on the finish out (cabana or no, pool size, other amenities).   But where an owner furnishes photographs, we’ll use them to determine a value; often a pool’s condition may not be up to par and that will help in obtaining a reduction in property value.  The more specific we are, the better our results.  Photographs are helpful.

In this series of Adjustments to Comp Sales we show homeowners how to adjust sales based on the criteria used by appraisal districts.  The most important are:

  • Neighborhood
  • Size
  • Age or Effective Age
  • Class
  • Condition
  • Pool / No Pool

We’ll even show you how to use logic to dispute some of the the districts’ criteria that we think are not realistic.  Search for Adjustments to Comp Sales: Lots and Logic.  You can use our argument when it fits your purpose.

To find each, just search for “Adjustments to Comp Sales” and select each one separately.

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