Yes.
Its not just the noise, which is bad enough, but it's a good indicator of the overall type of neighbour the owner will likely be. If they are selfish enough to subject their neighbours to anti-social levels of noise from their dog, they may mirror this in other areas.
I have this with neighbours on one side who moved in a couple of years back and then bought a loud yappy dog, which is under exercised and pushed outside at all hours and left to bark and bark. I've grown to dislike them intensely because of this, and I know our other neighbours feel similarly.