Home Selling in Ardenwood>Question Details

Jk, Home Buyer in

Thinking about spending $2K to add a pond water feature. I have a outdoor room/patio. Planning to have the

Asked by Jk, Sun Jun 29, 2008

pond be right next to the patio. It's 5' x 15' and 8 deep. It will have a little gurgling fountain just for sound. Stepping stone will be laid to get through to the other side of the yard that will be concrete. Just wondering if this is a plus or a minus? Would family with kids be concerned about buying such a house? I guess someone could fill it in later with sand and make it a sandbox. Just wanted to get some opinion here. Thanks.

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11
Ponds and pools are basically thought of as the same. Unless you can find a buyer that is specifically looking for one it does not add value. If you want the pond and plan on spending years enjoying it then go ahead. If you are planning on selling your home in the near future you, may want to consider spending the 2K on another home improvement project. Good Luck!
0 votes Thank Flag Link Wed Jan 5, 2011
We had a pond in our home which we sold last year. While it was on the market, I can tell you that the pond was not a factor in selling the house. So NOT a plus. On the other hand, many comments were made regarding maintenance conerns, safety of small children, etc. So although it didn't cost us a sale, it generated some negative comments from buyers.
That being said, we had the pond for 8 years, and enjoyed our kois immensely the time we were there. So put one in for self enjoyment purposes, but not for investment purposes. Trust me, we spent SOOOO much money on that darn thing! :) IMHO
0 votes Thank Flag Link Mon Jul 7, 2008
HI,
I am a Realtor in Bloomington, Illinois and I have just sold my own home with a waterfall and pond that I put in about 4 years ago. i LOVE my back yard and so do my neighbors who have benefitted from living within the sound of the water. However, in selling in this market I have to admit I have invested more into the waterfall than what I recovered in the sale. I would advise being wise and getting a reputable company to quote what they would charge. Go ahead and do it yourself if you want, but be sure you are read up and ready. I would not make it too deap if you are looking to resale in the future as families with kids may be worried. But, all in all, I do love my landscaping and will miss it. I would have done it on a much smaller scale though for less investment. Hope that helps
0 votes Thank Flag Link Mon Jun 30, 2008
Hi JK,
If you are putting the pond in because you want one and would enjoy it then go ahead. But I have yet to talk to a buyer that says the yard has to have a pond. I LOVE ponds but I doubt it will be a deal maker or breaker when it comes time to sell . Having said that a beautiful yard will help sell a house. If YOU want a pond for personal use I vote you go for it !!! Enjoy
0 votes Thank Flag Link Mon Jun 30, 2008
Hello JK,

I would look at it in this way...

1. For how long are planning to live in this house where you are thinking of a pond?
2. The fountain with the water sound is excellent by your outdoor room/patio!
3. A meditater, a thinker, a reader any one who loves out door would be
delighted to buy your home when you are ready to sell it.
4. The main thing is it’s your idea, you like it and you sure should enjoy that.
5. When comes to resale, and if the buyers have kids, at that time you can discount the money
for making it a sand box like you thought
6. If I were you, I would go for it and enjoy the pond water.

Good luck.

Charo Bhatt
Web Reference: http://www.HomesByCharo.com
0 votes Thank Flag Link Mon Jun 30, 2008
JK
I would ask a local Realtor for their opinion. If you are selling the near future, then there might be other areas that require attention. A Realtor that spends each week in the market will be able to give you some suggestions regarding the general point of preparing your home for sale, which is actually more important than the pond. Strategically most sellers would benefit from meeting with their Realtor EARLIER, before they put their home on the market, so they can properly plan the repairs and other steps needed.
0 votes Thank Flag Link Sun Jun 29, 2008
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
Hello JK,

If you are looking to add the feature in preparation for selling your home, I would reconsider spending the money on adding a pond. Parents of young children definitely tend to shy away from homes with pools and water features that may a hazard with small children. You would probably not see the return of your money at the time of sale.

If you are looking to add it for your own enjoyment and are not looking to sell in the new future, I would say go ahead. You can enjoy the feature while you are living in the home.

Lisa Cartolano

http://www.LisaCartolano.com
0 votes Thank Flag Link Sun Jun 29, 2008
In my experience, most of the buyers with small kids avoid the homes with pond or pool so when you try to sell by next year then the numbers of buyers will be less as compared to other houses without pond or pools. If you have a bigger lot size and in multi-million dollar price range then it may add as a feature to attract high end buyers. So it also depends on your lot size too. I hope I have answered your question. Let me know if you have any other questions.
0 votes Thank Flag Link Sun Jun 29, 2008
I would really think it over if it were me. A buyer may come see your home and the pond could be the selling feature...there is just no way to be certain.

All my best,
Dot
0 votes Thank Flag Link Sun Jun 29, 2008
Thanks Dot but likelihood is we will sell sometime next year. We will enjoy this but if it brings any negative points to buyers I will be very hesitant.
0 votes Thank Flag Link Sun Jun 29, 2008
While some people would like it many others would not. I personally think it would be very relaxing to hear the sound of the fountain. If you plan to live in your home for a few years and feel that you $2k worth of enjoyment then go for it!
Web Reference: http://www.DotChance.com
0 votes Thank Flag Link Sun Jun 29, 2008
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