Profile picture for fscarlett

What are the issues with buying a lot by a retention pond

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 11 2010 - Wilmington
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (5)

Ian Rosenblum gave a very good answer. All I would add is that they can also breed mosquitos if not maintained well. In general I have found that they negatively impact resale potential, but this is mainly based on their overall attractiveness and how well they are kept up.

Good Luck
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 04 2011

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.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 12 2010
A retention pond can be either a plus or a minus depending on the size and attractiveness of the retention pond and the particular buyer of the property.

If it is a large pond and it stays full and supports small fish and attracts wildlife such as birds and turtles I would generally consider it a plus.

However, if it just a small overflow pond that fills with rains and then dries out, it will depend on the buyer as to whether or not it is a plus or minus.

On the positive side, the pond will provide some open space that can not be built on and being near a retention pond may actually decrease the likelihood of flooding on your property as ponds are usually found in newer neighborhoods that have an engineered drainage plan. Flooding of a particular property (and need for flood insurance) is based more on the overall topography and not whether or not you are near a retention pond.

On the negative side are the issues some buyers perceive as Betsy mentions. But when the mosquitoes decide to hatch in Wilmington I don't think it really matters much where you are located you will need your bugspray or yard treatment system to keep them at bay. I would also suggest that when you buy a lot and build your new home that you try to incorporate a screened in porch into your design.

I wish you all the best in your search for the right lot to build your new home on, you certainly have a many to choose from in this market.

Have a great day!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 11 2010

To add to that, they can be dangerous if you have kids or a danger to a prospective future buyer

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 11 2010

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.

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
December 11 2010
 
Related Questions
Does Zillow have "crime overlay maps". Don't know the area will and am interest in safety.
Profile picture for Matthew Marshall
Latest answer by Matthew Marshall
February 27 | 3 answers
I want a open living space with modern style town home in wilmington city area. What is the best way
Profile picture for Ian Rosenbaum
Latest answer by Ian Rosenbaum
January 09 | 1 answers
  • Asked by YelmareddyUjwalreddy
  • In Home Buying
  • January 09
What can I do to get more (or better) quotes for my loan request ZR-CLKCCTX?
Profile picture for Daniel Fisher
Latest answer by Daniel Fisher
December 28 2013 | 3 answers
If Fannie Mae has a foreclosure listed for 355K and the bid at sheriff sale was $299K what is the...
Profile picture for Eddie Campos
Latest answer by Eddie Campos
December 26 2013 | 4 answers
want to pay cash for a house. (70.000)What closing cost are expected and who pays them
Profile picture for Daniel Fisher
Latest answer by Daniel Fisher
October 06 2013 | 5 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 162 Raye Dr, Wilmington, NC Home For Sale
    162 Raye Dr, Wilmington, NC 28412

     For Sale: $161,250

    • Beds: 4
    • Sqft: 1564
    • Baths: 3.0
    • Lot: 5663
  2. 2104 Graymont Dr, Wilmington, NC Home For Sale
    2104 Graymont Dr, Wilmington, NC 28403

     For Sale: $569,000

    • Beds: 4
    • Sqft: 3522
    • Baths: 4.0
    • Lot: 20874
  3. 641 Long Leaf Acres Dr, Wilmington, NC Home For Sale
    641 Long Leaf Acres Dr, Wilmington, NC 28405

     For Sale: $249,900

    • Beds: 4
    • Sqft: 1796
    • Baths: 2.0
    • Lot: 18295