Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

Garages or Pool

  If I knock down my 2 car garage to build an inground pool will it bring my property value down and or raise my property taxes?
 
  I don't know your neighborhood and what nearby property is like, so there's no way I can judge buyers' reactions to your proposed change.  In many areas an inground pool actually makes a house harder to sell.  But you can get pretty good answers over the phone just by calling a few local real estate brokers and asking for an opinion.

As for your tax assessment -- call your local assessor's office and ask about their policies on garages and pools.

One other problem -- you are supposed to get your mortgage company's permission before making major changes.
    Edith
Originally published on July 8, 2008
 
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