buying a house next to a retention pond

By Connor DelPrete, Updated Tuesday, April 24th 2018, 6:24 pm EDT. Reddit and its partners use cookies and similar technologies to provide you with a better experience. A fenced and posted cement 'tank' is something else, and I'd call it an irremedial defect. See the following publications for guidelines: Is it likely that there will be water in the pond (even a little bit) when it is mosquito season. UPDATED AT 06:33PM, MAY 7, 2018. You can access an interactive map on the FEMA website to determine if a property is in a floodplain. The only issue is that the house is right next to a huge detention pond. Thank you for your interest in Brotherhood Mutual. The Definitions. These are the housing markets that offer the most cash flow opportunities in the United States. A nice wooded lot with a babbling brook in the backyard does sound scenic and relaxing. Retention ponds improve water quality. But on your walk around you note that the rest of the neighborhood is uphill from your property. Top 10 Real Estate Markets for Cash Flow in 2023. Home buyers or condo tenants rave about their view of a natural setting. I liked the house but the only problem is there is a detention pond next to the house. If so, then you've got to come up with a property that you're both happy with. I love the house and everything else fits the criteria, but now this . Consider the potential for a small creek to widen and meander before purchasing a property with a stream. Real estate investors break down the basics, and share tips on how to get your next deal. It is a pool home and the land declines after the screened patio for the rain (from Florida) settles so it wont flood. Living near a pond is most definitely a safety issue for families with young children or families who may have . It is currently not fenced, not landscaped around, and pretty dry/barren. I would never buy a house with a storm water management (SWM) pond right next door. My husband and I are looking to buy our very first home! I never considered either lot to be undesirable because of them. The opposite is just as true. While closing costs can be expensive, one of the largest mortgage expenses is the interest rate. Homeowners in the Turtlewood community called News 4 after learning about plans for a new retention pond in their neighborhood. Is it earthen or is part of it cement? homebuying I believe you are mistaken. Homeowners must identify an insurance company that will be willing to insure the property. Many churches use retention ponds to control storm water runoff on their property. landlords . There could also be a safety concern since we have a young child. They said they were concerned that the new pond could bring on old problems. In the back of the one we are looking at is a small natural pond that seems well maintained. The buried sewer line is outside the perimeter of the house owned lot but close enough with in 500 feet and has visible manhole access at certain intervals. For example, there is a constant danger of drowning for families with young children. Muddy bottoms and slippery sides can make it difficult for someone to escape. Because of the high cost of the initial installation, monthly maintenance and periodic removal of sediment buildup, it is recommended that associations set aside 12% of their yearly budget for a small retention pond, and up to 35% for a larger pond. There are several items you should give consideration to before buying a property. I still would not like to live right next to that because of all the noise and because of the poop and feathers all over the place. They did have fun with it though.We sold our house in Oct 2009. Sorry about thatI have made the album private. Consumer Education for Homebuyers, Home, and Property Owners | Exposing Condo & HOA Dysfunction, Corruption, & Abuse. Search financing Continue reading for more information about your ability to buy a home in New Jersey after declaring bankruptcy and how the New Jersey bankruptcy lawyers from Young Marr & Associates can provide assistance. MIDWEST CITY, Okla. A Midwest City neighborhoods concerns are being addressed. The city reserves a 30' easement for the lines to travel on the back and from the back to the property to the front of the road where it must connect to the other sewer lines. Pros & cons of new Home yard backing retention pond, The following errors occurred with your submission. Read more (Video): The medical examiner today confirmed that the body found in a car that had sunk in a pond off Matanzas Woods . The inlet needs to be not more than 15% higher than the outlet to ensure the correct amount of water flow through the system. How do I upload the photos? The advantage is that there are no neighbors on one side of the house, but will the pond be an "eye-sore"? On Monday, dozens of fish could still be seen floating near the edge of the water, which is only a few yards from neighbors homes. Please give me your two cents on this!!! What are they doing with this? In fact, developers often charge a premium price for a water view lot, where homes are constructed within a few feet of these stormwater basins. The area of a retention pond should be about 5 - 10% of the total area from which it collects stormwater. Privacy Policy. OK, *I* wouldn't buy there. mortgages According to the report, hundreds if not thousands of fish died asa result of the lowered oxygen levels. We have for more than 100 years. The following errors occurred with your submission. They can also be deep and have a steep drop off at the waters edge, since theyre designed for maximum rainwater collection. A collage of self-portraits Erica Bergeron had posted on her Facebook page in 2019. Most of these are used for stormwater management, which is why mosquitos are not a large problem. But a retention pond is not equivalent to a swimming pool. When they are relatively new, water in the pond tends to be relatively clear. Finally did you buy home next to detention pond as i am in simialir situation in community. Retention ponds are permanent structures designed to hold water flow for a short period of time, similar to a dam. Most privately owned retention ponds and wetland preserves (or conservation areas) are poorly maintained and managed. We have found a great neighborhood with a nice, 2 story house on a private cul-de-sac. Read more (Video): Landscape Architects & Landscape Designers, Outdoor Lighting & Audio/Visual Specialists, Moving Pond, Waterfeature, Salt & Fresh tanks, from fresh or salt poll. Retention ponds, otherwise known as retention basins and wet ponds, are artificial structures used to retain and treat contaminated stormwater runoff. real estate Also, check with your insurance company and see if that will make your rates higher, . As such, it's recommended that HOAs set aside as much as 12 percent of their yearly budget to maintain small retention ponds and up to 35 percent for larger ponds. Did not do this one. The key words here are "in theory." I am a nature lover and it is really nice to see a flock of geese fly over and honk - but I do not want a couple hundred of them honking right next door. Plus like you said, you have no neighbors there. Are there any plans for landscaping? The advantage is that there are no neighbors on one side of the house, but will the pond be an "eye-sore"? Simply varying the water level usually takes care of the mosquitos, and since these store water during periods of high runoff, and release this waster later, the water level varies quite a bit. Spectrum Association Management can help! These ponds can be a hazard and expensive - wait until the HOA is required to maintain them to state standard/inspection, and they bill you through your dues, you'll be sorry to find out the potential liability. My question is this: Would a large detention pond/water easement be bad for re-sale value? Is it fenced? Op here, there is no fencing around the retention pond. Your HOAs poorly designed or managed storm water system can create damages for property owners in neighboring communities. Help, please? I know in some areas detention ponds are marketed as water features, with fountains, elaborate landscaping, etc. That said, I would not want to take that chanceespecially as their proper function is design dependentand there is no way to know how well they work until tested.We were luckybut still, there is no way to know how well they will function as time goes onand more building creates more impervious coverage. If storm water drainage from the surrounding properties makes its way to the pond (by gravity)- that tells you the pond is much lower. That's what they are there for. The latter one was also caught in the real estate meltdown, so I don't know that the work was ever completed as intended. Quite often, the HOA does own land that includes wetlands. According to sources, you can find one-bedroom places going for about $880/month in Camden, $1,024/month in Newark, $2,590/month in Jersey City, $1,024/month in Trenton . Not only do they pose a constant drowning hazard for residents, but they also require continuous maintenance and planning. They can also be deep and have a steep drop off at the water's edge, since they're designed for maximum rainwater collection. The retention ponds in the older section of the neighborhood are showing signs of erosion. Is a property survey ever sold separately from the property. The detention pond is dry, graveled at this time and since we've been experiencing a severe drought in the south, the grass around it is completely burned. One of the homes was beautiful, but at the time I had a 3- and 1-year-old and wasnt comfortable with that. In response to a storm, the ponds water level fluctuates, reducing risk and saving the community from potential flood damage and costly repairs. I've also never noticed any extra mosquitos near one and there is no spraying. You cant see the pond from the listing pics, but it is right next to the house behind the trees. Smell. I think the old real estate adage of location, location, location is appropriate and would look for another lot . Unfortunately, little to no maintenance was done, and then things have overgrown. As a general rule, New Jersey buyers should expect to pay between 2% and 5% of the final purchase price in closing costs. Here are some of the problems associated with retention ponds, along with some risk management tips. Scan this QR code to download the app now. Ugh, glad not to be one of them. foreclosure Good point about mosquitoes. EDIT there is a crack in the concrete near the hand rail leading to the stairs of the pool. Otherwise let him buy the house with the pond and you can buy a different house in a neighborhood you prefer. In our case the streams then drain into the Myakka river. 4 6 6 comments Best buying a house Despite this reality, its very uncommon to see any HOA taking proactive steps to manage its wetland or forest preserves. landlord Just make sure you go into a property purchase with your eyes open to the potential for future issues related to land cover and location. We are thinking of putting a play structure in that spot - if and when it fills (we typically only get winter rains here) it wouldn't be a time for out boy to be out playing anyway. HOAs are getting crazier by the day! Algae problems usually occur due to ponds being neglected. Here are a few photos of the detention pond. That said..we do not live next to themand given all of the bizarre climate change we have had, as well as the extraordinary amount of record breaking rainfall in Central NJ this summer, IMO, chances are some day they will overflow..and the homes next to them will be adversely affected. I have seen some that look quite attractive, with native grasses and flowering plants that have deep and well-developed root systems adapted to these wet/dry environment. Retention ponds are wet ponds. Is this area completely built-up, or will there be more water displaced as the area does build up? Each rooftop, paved driveway or parking lot, and every road creates hard surfaces that dont absorb rainwater. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Get the best funding for your strategy. Rare - maybe.Real - absolutely, and basements reflect the reality. This is a new construction area, so the other homes backing the pond have not all been built out yet. All that to say that it depends on the care put into it, which I think depends on the intended market for the homes in the neighborhood. The attractive ones, I wouldn't hesitate to move next to one. Homes are listed on the market for around $319,900, and they're closing for about $279,400. Usually they are owned by HOA and so you should have control of what is done with them. ALL comments will be much appreciated. Lauren Simmons home backs up to the lake where the dead fish were found. https://www.coldwellbankerhomes.com/va/woodbridge/16643-space-more-circle/pid_46476814/, https://www.redfin.com/MD/Silver-Spring/13614-Montvale-Dr-20904/home/10605089?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet. 11. Its primary purpose is to collect stormwater runoff for environmental purposes or flood control, although it may sometimes also provide a manmade habitat for birds, fish, and wildlife. loan . And next time, homeowners wont be able to go back to the Home Creations for another $58,000 or more to repair damages from erosion. Around here we see two kinds of retention ponds. I have seen this same situation result in a flooded basement. Ours does, so yes. In addition, the shoreline of each pond requires regular repair of damage caused by natural or unchecked erosion. Your opinion regarding a house backing up to the pond. Renting a house costs about $1,900/month. The company has since removed the dead fish and has offered to re-stock the pond with new fish, the station reported. Ponds are designed to contain what is known as a "100 year storm". You're not alone. 5) New development can require the construction of a storm water treatment facility like a detention basin, bioretention cell (engineered rain garden), or underground detention system. First-time buyers accounted for 31% of sales in June, also even with May but down from 35% in June 2020." I would like to post a few pictures of the detention pond, but don't know how to do that on this website? From resources to get started to the latest market data, find what you need to keep growing. I would appreciate your input regarding this. The pond can also collect wind swept debris or garbage deliberately thrown in by people. We found a house that we love but it is next to a water retention pond. If the pond is not cleaned regularly, your lovely view can easily become a weed-choked cesspool. I have a bit of a strange question. We appreciate the opportunity to provide your church or other ministry with an insurance quote and will reply to your request as soon as possible. I don't think it is a problem with resale unless it is ugly. They are dry unless there is a very heavy rainand only one fills to some degree as the other drains into itand it empties quickly. CEDAR PARK, TX Debate continues in the community as to whether algae is the culprit behind a recent mass fish kill at a Cedar Pond park. I have graded my lot to have several "natural" low spots and used these as small rain gardens that are actually very attractive (and low maintenance compared to turf grass, which was my overarching goal, having a landscape architect helps here though). investing . We found a house that we love but it is next to a water retention pond. It did fill when it rained over one inch at a time but drained with in less than 12 hours when the rain stopped.

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