General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago, 03/08/2020
Keep or fill small ponds on rental home?
I have decided to rent out my single family home in KY. It has two beautiful ponds with waterfalls. I am debating whether to keep them or fill them in before renting to avoid upkeep and liability. What would you recommend? Pertinent info below:
House is approx 2500 sqft and sits on 2.5 partially wooded acres in a subdivision. House size and upgrades are similar or slightly nicer than the market and the lot is about double the size of most comps. There is a small berry patch and veggie garden behind the house. Basically, the exterior is what really sets this home apart from the competition. I plan to keep this as a rental indefinitely.
Both ponds are lined. Pond in front yard is 4.5' from house at the closest point and is located next to the front porch. It measures 9'x5' at widest points and is 17" deep. Pond in backyard is 12' from house at the closest point and measures 11'x19' and and is 2' deep. Would you recommend keeping both/either pond(s)? Why or why not? Thanks in advance for any insights you can provide.