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In our neighborhood the ponds bring a bit of nature and are enjoyable. However, during a big rain they fill and that brings potential problems. Most retention ponds are in the control of the HOA. If the HOA is active and doing their job I would consider it a plus.
To add to that, they can be dangerous if you have kids or a danger to a prospective future buyer
Some things to consider - resale: some buyers will not buy a home near a retention pond due to risk of drowning; mosquitos can be a problem, as can flooding. These are the main issues I have seen.
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