Why have you not hired a REALTOR to help you find the perfect home and negotiate the best price?
Ken D'Ademo, GRI,CDPE
Keller Williams Chattahoochee North
You will have marketing issues when it's time to sell, there is clear evidence that homes with adverse external influences (detention/retention ponds, power lines, traffic) sell for less than non impacted sites.
You may find issues while living there - inspects, vermin, maintenance of the area, safety issues with kids, aesthetics, etc
It's a sucker bet buying these impacted sites, builders will tell you whatever is required to unload these lots - avoid them.
Good luck. You will find a great home with patience.
Unless the developer has turned the retention pond into an amenity then the answer is No!!
In other words unless there is a water feature that is appealing such as a fountain recycling the water in the pond and beautiful landscaping it will not add value when it comes time for you to resale the home. If you decide to go forward with the purchase be sure that you buy it at a heavy discount as you will have to heavily discount the home when you resell it in the future....
Chuck Green, Realtor
Keller Williams Realty
I have a beautiful pond behind my house with the amenities behind that so I have a relaxing view as I find water quit nice. I raised 3 children and some of our fondess memories were by water of all types. If your children are well behaved and you do not have to worry about them drowning, I would not rule out a home I loved because of that. Always follow your first instincts and you will find the perfect place. I always tell my clients that they will know when they are home. I never had a client regret their decision yet! Good uck with your search.
Congrats on finding something you like. When considering a home near a rentention pond you should consider all of the wildlife some that you may like and some that you may dislike such as frogs, turtles, birds and mosquitos and other insects. You may also want to consider, how the retention pond will be accessed. Will it be fenced in or will it be landscaped in? And finally, how will all of this impact resale in the future?
I love working with first time home buyers. If you decide to keep searching. I would love to help. Please fee lfree to contact me directly.
Keller Williams Realty
3930 East Jones Bridge Road
Norcross, GA 30092
678.578.2700 - Office
404.972.9992 - Fax