Thanks everyone for the comments and insight. I think it all depends on how well done it is. Safety first. In response to a storm, the ponds water level fluctuates, reducing risk and saving the community from potential flood damage and costly repairs. to $175K. The advantage is that there are no neighbors on one side of the house, but will the pond be an "eye-sore"? Get the best funding for your strategy. Heck they might be a turnoff on the whole development as it indicates what kind of developer and/or planner designed the area. For example, the community may face any number of challenges, including, but not limited to the following: Below I have posted several documented examples of ponds and wetlands that have become unsightly, unpleasant, and expensive maintenance liabilities. The crumbling walls led many to have fears about flooding. Wildlife management and pest control can become a huge headache for HOAs. This variety of SWM pond is a whole lot more attractive, and can possibly increase your value - for the right person. The core conflict in HOAs what divides communities? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Soa system of drainage ditches, swales, underground storm water pipes, and water collection basins are constructed to prevent flooded streets and basements in the community or properties downstream. My husband and I are looking to buy our very first home! Likewise, few HOAs have access to knowledgeable experts who can determine the causes and cures of stormwater woes, including retention ponds that morph into putrid cesspools, ponds that regularly overflow every time it rains, or wet basins that form leaks or sinkholes, and mysteriously drain themselves dry. Wetlands and retention ponds can and should be maintained by private owners, including HOAs. Properties typically remained on the market for 17 days in June, unchanged from May and down from 24 days in June 2020. CAMAS In the 1980s, the Lacamas Shores biofilter was among the first of its kind in the nation. One that I drive by regularly has the retention pond running as a long strip behind two strips of houses/townhouses. I love the house and everything else fits the criteria, but now this . borrowing The truth is, the longer a retention pond or wetland exists, the more likely it is to create a nuisance which will eventually bring down property values. I have seen lots of them and never seen an attractive one ;). Children are attracted to water, and retention ponds offer ready access. This is a new construction area, so the other homes backing the pond have not all been built out yet. Buyers with kids? My concern about houses next to retention ponds is Mosquitos. You already asked this .stop starting new threads. Opinions are like .., everyone has them. house Homeowners insurance is generally a prerequisite to obtain a mortgage for affected properties.

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