Athensmom - if it is blocked with vegeation, would that change your mind? There usually won't be standing water in the pond, but after thunderstorms, water could stay in the pond for a few days until it drains completely. There are several items you should give consideration to before buying a property. Im op of other thread. I may be in the minority here but I wouldn't buy a house next to one . There are several items you should give consideration to before buying a property. . The developers squeezed every last house they could into the plats. 11. Wetlands and retention ponds can and should be maintained by private owners, including HOAs. I would consider the house, but I would expect the price to be lower than if the drainage pond was not there. Read more: Help, please? How often do retention ponds overflow/flood? : RealEstate - Reddit I have seen subdivisions where the ponds remain full of water and are kept up nicely (kind of park-like), which attracts geese and ducks. . houses But before you consider purchasing a property with a stream be sure to research the existing floodplain and potential for flooding. Can you change it? Lacamas Lakes story serves as evidence that even homeowners with financial affluence may fail to properly maintain their storm water management systems and neglect to be responsible stewards of wetlands and other conservation areas. According to the report, hundreds if not thousands of fish died asa result of the lowered oxygen levels. This includes regular inspections, especially after severe storms or heavy rain, to identify and repair areas of erosion, gullies, and other damage; removing sediment and debris from the pond before they reach the outlets; and beautifying the surrounding banks with grass, shrubs, and other vegetation. New Jersey Buyer Closing Costs: How Much Will You Pay? - Clever Real Estate POSTED 12:48 PM, MAY 7, 2018, BY ALLISON MECHANIC The key words here are "in theory." Whether youre struggling to find cash-flowing deals, low interest loans, or the cash you need to close, Pace Morby's brilliant creative finance strategies will empower you to close more with less and supercharge your portfolio in 2023. I believe you are mistaken. It's stupid. While there are some advantages to living near a retention pondpeace and quiet, green space, fewer neighbors nearby, and a decreased risk of floodingpotential buyers have other factors to consider. Here is a link that might be useful: Detention Pond. Proper long-term maintenance requires regular inspection and repair of storm water infrastructure that feeds water into the pond, as well as any weir or dam that controls overflow of water to a wetland, another body of water, or communities located downstream. Finally did you buy home next to detention pond as i am in simialir situation in community. In some instances, detention ponds are used as a park during dry weather. Most privately owned retention ponds and wetland preserves (or conservation areas) are poorly maintained and managed. I would love to see it and make a comment because we bought a lot with an undesirable factor but I was willing to overlook it because it was in the right neighborhood. Were just kind of concerned because we see what this pond is doing and then the new pond has steep sides also, Kathy Fetters told News 4. We have this beautiful backyard and a water view and its real pretty, but now we look out and all we see is dead fish, Simmons says. It is hideous. American Fork Architects & Building Designers, Clinton Township Interior Designers & Decorators. Retention ponds are permanent structures designed to hold water flow for a short period of time, similar to a dam. [Advice] buying a home next to a retention pond. : r/RealEstate - Reddit Muddy bottoms and slippery sides can make it difficult for someone to escape. The inlet needs to be not more than 15% higher than the outlet to ensure the correct amount of water flow through the system. It certainly is not an 'attraction', but if the price of the house reflects the 'DEtraction' -- buying next door could work for you. We have found a great neighborhood with a nice, 2 story house on a private cul-de-sac. We have several of these in our neighborhood. As a general rule, New Jersey buyers should expect to pay between 2% and 5% of the final purchase price in closing costs. Remember, whatever it is now or will becomeyou have no say-so about it. First-time buyers accounted for 31% of sales in June, also even with May but down from 35% in June 2020." 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. Forget swimming poolswhile necessary in many communities, retention ponds can easily be considered an HOAs greatest liability and expense. Also, it's a newer subdivision built in 2020 by DR Horton. We got a good price for it and I'm hoping with the right landscaping it will be great. Detention ponds are traditionally dry except during flooding weather to help control and manage the movement and settling of water. Easements can even be granted to preserve a neighbors view. SWM ponds are at lower elevations than the surrounding properties. Have a showing appt at a beautiful house in the right neighborhood, in the right school dist., etc. The only issue is that the house is right next to a huge detention pond. Safety first. DH and I call it "Ammersee Ditches". Deborah A. Goonan, Independent American Communities, 2014-2022. What You Should Know About Retention and Detention Ponds Streambank erosion can take out infrastructure and property. What Things Are Needed When Buying A Home | NJ Lenders Corp. MIDWEST CITY, Okla. A Midwest City neighborhoods concerns are being addressed. Unlike swimming pools, these basins typically aren't fenced in. Legal Notices The reasons are: Mosquitoes. 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. buying a home with a pond in the backyard - Houzz While preserve lots can be naturally attractive, the home buyer needs to be aware that being up close and personal with Mother Nature sometimes has its disadvantages. If storm water drainage from the surrounding properties makes its way to the pond (by gravity)- that tells you the pond is much lower. Serve as storage facility for controlled release of water. The only slight possible downside is if your house site/pond situ has houses across the pond: Retention Basin or Pond: Will you buy a house next to a retention basin or pond? I'd buy it, but as a gardener, I'd sneak over & do all kinds of plantings so it would be attractive & wildlife-friendly. We have found a great neighborhood with a nice, 2 story house on a private cul-de-sac. 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. Thank you for your interest in Brotherhood Mutual. Unlike swimming pools, these basins typically arent fenced in. Even if it was situated where I would have to look at it from my property, I still wouldn't want it. A median New Jersey home is worth $327,500, so buyers can expect closing costs in the range of $6,550 to $16,375. The increased mosquitoes also were a turn off, although you can treat your yard to help with that issue. Before purchasing a property consider the grading and drainage patterns. In our case the streams then drain into the Myakka river. Loss of these wetlands could lead to future drainage issues. Downsides to living on a lake/big pond? - Houzz That's what they are there for. Homes with drainage easements may also be required to obtain additional insurance to address flood risks. They have charts that show historical storm patterns, average rainfall, and it is also dependant on what sort of soil types you have and how good the soil is at absorbing water. Between the flooding possibility and the mosquito breeding ground they create (to speak nothing of the non-migratory Canadian geese they attract) I would not purchase close to one. If you've seen a pond-like structure with gravel and vegetation surrounding its perimeter, you're more likely eyeing a retention pond. Recent Topics Wildlife management and pest control can become a huge headache for HOAs. The forebay is a small pool at a higher level than the main pond . They can also be deep and have a steep drop off at the water's edge, since they're designed for maximum rainwater collection. A retention pond collects stormwater during a storm and slowly releases it back into the natural environment. Wetland maps are available from the National Wetlands Inventory, Cuyahoga County, and CSWCD via our resources page. I have a bit of a strange question. I have a friend whose kid slipped out of the house during an unsupervised moment and drowned so it's not a risk I'd take. Consumer Education for Homebuyers, Home, and Property Owners | Exposing Condo & HOA Dysfunction, Corruption, & Abuse. Can You Buy a Home in New Jersey If You File for Bankruptcy? Where can homeowners turn for help with HOA problems? Pros and cons of living next to a pond (price, properties, expensive You're not alone. When they are relatively new, water in the pond tends to be relatively clear. Not only do they pose a constant drowning hazard for residents, but they also require continuous maintenance and planning. Does anyone have any experience in the area? At best, the vast majority of homeowners associations may hire a lake or pond maintenance service that occasionally removes algae and applies chemicals in an attempt to maintain water quality. Risk #1: Drowning Children are attracted to water, and retention ponds offer ready access. homebuying . You may be a trained urban planner, but your statements indication you don't know much about how retention ponds work and who is responsible for them. Some in the neighborhood want to clear out the trees that have grown in the wetland to restore views and, in theory, raise property values. We have twotownship ownedone on either side at the end of our development. Beautification to the landscape. Thanks! See the following publications for guidelines: I would like to post a few pictures of the detention pond, but don't know how to do that on this website? These are the housing markets that offer the most cash flow opportunities in the United States. Is a DR Horton home something we need to be concerned about too? Types of Retention Ponds & Benefits - Dirt Connections ALL comments will be much appreciated. Here are some of the things that might be needed when buying a house in New Jersey, using a mortgage loan. POSTED 11:22 AM, MAY 22, 2018, BY KFOR-TV and K. Querry. I would never buy a house with a storm water management (SWM) pond right next door. | The neighborhood is called "Ammersee Lakes". The retention ponds in the older section of the neighborhood are showing signs of erosion. This area was never wet with standing water only when raining hard. Anonymous. BRUNSWICK COUNTY, NC (WECT) Neighbors woke up to flooded yards from Tuesdays downpour and say they warned their developer a nearby construction site would cause major headaches. I would appreciate your input regarding this. This variety of SWM pond is a whole lot more attractive, and can possibly increase your value - for the right person. The system works by allowing a large collection area, or basin, for the water. foreclosure Privacy Policy. OK, *I* wouldn't buy there. You don't have much danger of your property flooding because of the pond. As development occurs consideration is not always given to location, land cover, and how existing conditions may affect future use of a property. We looked at a few homes with retention ponds next door and decided against them. Nevertheless, maintaining a healthy environment for aquatic life is an ongoing expensive challenge for HOAs. 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. They are mosquito breeding grounds, along with rodents and snakes, plus they seem to be rarely maintained in older subdivisions. The yard you love is where all the water that lands on the development drains to, and without well-draining soils, the yard you love may be too wet to utilize for much of the year. How to Keep Your HOA Pond Water Clean and Clear They are very well maintained by the township and are very attractively landscaped. Eighty-nine percent of homes sold in June 2021 were on the market for less than a month. How big is "huge"? Its also unattractive to see a pond covered with green scum. I think the old real estate adage of location, location, location is appropriate and would look for another lot . 1) You've found your perfect dream home and you love the yard. As development occurs upstream, streams become flashier and start to erode at a faster rate. One of the homes was beautiful, but at the time I had a 3- and 1-year-old and wasnt comfortable with that. It is currently not fenced, not landscaped around, and pretty dry/barren. www.brotherhoodmutual.com. Until a stream reaches a new equilibrium it will continue to erode and widen. Should the pond ever overflow, your home may be the first to flood. Let's check out those apartments, though. They appear to have been very well designed in their functioneven during the height of Hurricane Floyd in '99 when the homes were being built they did not overflow. Lauren Simmons home backs up to the lake where the dead fish were found.
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