Has anyone found a difference in selling price, if a property is a wetland as opposed to one that is not.

Asked by Annette Turcott, Rose City, MI Thu Jul 26, 2012

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Tim and Linda…, Agent, MI,
Thu Jul 26, 2012
Hello Annette! At one time wetlands were considered to de-value properties. Today there is a different attitude about them by most who treasure Michigan's great outdoors. Seeing the golden tamarack swamps in fall, and seeing waterfowl take flight over a wetland is wonderful. To understand wetlands as the unique natural resoure that they are takes some learning - they are cradles for everything from microscopic aquatic plants and animals, countless fish, and wildlife species, especially furbearers, use wetlands to raise their young. In our opinion, wetlands can have a value far beyond the bottom line. Tim and Linda Keohane, Cabela Trophy Property Brokers at Great Lakes and Land Real Estate Company. 07-26-12
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Thank you Tim and Linda. Very nice answer.
Flag Thu Jul 26, 2012
Maureen Fran…, Agent, Birmingham, MI
Thu Jul 26, 2012
Yes. I have had properties with wetlands sell for much less because the area is not buildable.
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