Published on March 14th, 2024

Can An Inground Pool Raise Property Taxes?

Aventine Properties | 2 min read

Modifications to your home that require building permits typically result in an increase in your assessment. A higher assessment means higher property taxes. Adding an inground pool to your property involves building permits and increases the value of your home, so this modification will likely result in higher property taxes because your property will be reassessed. However, all hope is not lost– the effect of adding an inground pool on your assessment can be mitigated or even reversed by filing a tax grievance.

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File A Tax Grievance With Aventine Before the Deadline

When a significant new feature is added to a property, the town often looks at what its cost was to build and adds that value to your property’s assessed market value. In almost every scenario, this is inaccurate - you do not gain 100% of the value that you put into your property, and this is where working with tax reduction experts can offer relief. After the initial building permits are valued, all future determinations of value should be made by comparing the relative value of that feature to other homes that have sold, not what its original cost was.

Regardless of whether recent improvements have been made, we encourage our clients to file every year they can because it is a risk-free way to reduce their property taxes (since we only charge if you save money!). We handle all the heavy lifting and keep you updated as your case progresses. If you’re interested in seeing how much you could save, check out our tax savings calculator.