Updated over 2 years ago on . Most recent reply
Putting in a pond--is it worth it?
Context: 3200 sq. ft. home on a 1.25 acre mostly wooded lot in a rural area that is a short (30-45 minute) drive to a major metro area.
From what I have seen, to clear an acre, put in a pond, and stock it with fish could run as little as $10k.
Knowing nothing else, would this be a good idea to potentially add value to the home if I were to sell in 2 years? There is an upstairs rear-facing balcony overlooking woods right now, but I imagine if it could overlook a pond that would be a plus for many people. And then the property could be classified as waterfront.
Bottom line: what kind of return am I looking at by putting in a roughly one acre pond?