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Algae can be a liability for your house value? Ohio study mention that you can increase your home market value can increase by 11% to 17% if your pond is clear. Ready to improve your pond's beauty?

pond owners, property managers, landscapers, fish farmers, and eco-conscious consumers looking for a natural, effective, and easy pond care solution. (Before / After) Eliminate algae from your pond in months or money back!

James Chrétien |

Yes, there have been studies that suggest a link between the aesthetic and environmental quality of water bodies, such as ponds and lakes, and an increase in nearby property values. Here are some key points:

  1. Water Clarity and Property Value: Research has shown that the clarity and overall health of nearby water bodies can significantly influence property values. Homebuyers are often willing to pay a premium for properties with access to clean, aesthetically pleasing water.

  2. Environmental Quality: The presence of a well-maintained, clean water body can enhance the overall environmental quality of a neighborhood, making it more desirable. This desirability translates into higher property values.

  3. Impact of Algae Blooms: Conversely, the presence of algal blooms or poor water quality can decrease property values, as these issues can lead to unpleasant odors, unattractive views, and potential health hazards.

While these points are supported by studies, the specific impact on property value can vary depending on the region, the severity of the water quality issues, and the overall real estate market. However, the general consensus is that cleaner, well-maintained water bodies contribute positively to property values.

 

Water Clarity: One of the most significant factors that influence property values near water bodies is water clarity. A study conducted by the University of Maine found that for every 1-meter increase in water clarity, the value of properties around the lake increased by approximately 1% to 10%, depending on the region and the extent of water quality improvements.

A study in Ohio found that properties near lakes suffering from algal blooms saw a reduction in property values by 11% to 17%. The study highlighted that the nuisance caused by algal blooms, including foul smells, unattractive water color, and potential health hazards, detracts from the appeal of waterfront properties.

In Minnesota, a study found that lakefront property values increased by about $500 per foot of lake frontage for every one-foot increase in water clarity. This demonstrated a strong correlation between clear water and property desirability.

If you would like to increase the value of your house, maybe think water management!

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