Hey CJ, glad you finally broke the silence - welcome aboard about 8 years late.
Congrats on the purchase - and fortunately for you an incredible pond building resource and Pond Boss family member Michael Grey operates in TN.
Michael Gray
615-308-5752
[email protected]From first glance, looks like you could excavate and at least double the size by going upstream which appears to be silted in and might have once been part of the existing pond. If you are looking for a LMB fishery, I agree with Tony you'll want it as big as possible. I think with excavation you could be pushing 3/4 - 1 acre without increasing the dam height. If you increase the dam height and/or width with a little more excavation, you could probably exceed the 1 acre mark. Unless the dam is in poor shape and needs work, I don't envision it being too expensive a project [relatively speaking].
Once you make a decision on the right property, I encourage you to contact Michael and have him perform a site analysis and inspect current condition of pond[s] if they exist. Will help you budget for the project prior to making a purchase.
Keep us in the loop - exciting times!