Originally Posted By: esshup
Interesting. I wonder if that has changed since early 2012 (when those replies were made)?


I would not hazard a guess for other areas in the country, but I read that thread and it's all in line with what's in place in MI.

A pond adds absolutely no value to a property except for the fact that you have a water source available (if close enough) for fighting fires, and could get a break on homeowners insurance. We did check into this, and that's what it is.

I have been looking for property with an established pond. Big problem up here tho, if it's on the map, probably classified as a wetland already and can't do a darn thing with it. The two closest ponds (farm ponds) near my property in Fremont are classified as wetlands, so the property has no value, unless you find a sucker wink