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

  • December 11 2010 - Wilmington
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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
  • January 04 2011
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Profile picture for ERudo

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.

  • December 12 2010
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Profile picture for Ian Rosenbaum
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!
  • December 11 2010
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To add to that, they can be dangerous if you have kids or a danger to a prospective future buyer

  • December 11 2010
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Profile picture for BetsyPepine

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.

  • December 11 2010
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