Oh I definitely agree, especially if it's something major like creating new living space, adding a bathroom, and so forth.
The shed and the hot tub could easily be CC'd (or even completely removed) at any time and my nephew feels that the property taxes are more than onerous enough without adding more fuel to the assessment fire.
On my last house I added a second-floor balcony without a permit but made sure it was to done to code "just because". I wasn't intending to ever move but as we all know, Stuff Happens (!) and so I got the CC taken care of before I actually put the house on the market.
Ironically the first thing the buyers did was to remove the balcony; guess they didn't like the look. Had I known, I could have saved myself the expense of making it legal!!
