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Permits, Costs, and Meddling Neighbors

…Appraiser Jonathan Miller says city pools are a “highly subjective amenity. Some buyers are scared of them.” With every square foot at a premium, he says, “you’re essentially trading land”—or a basement den—for a pool. And aboveground pools in particular can be a deterrent for prospective buyers. “It’s almost always an eyesore that’s almost always removed.” Miller says that an apartment with a shared pool may be worth more than one without, but that it’s hard to pin the price on a pool alone….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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