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Like pools, ponds can be a safety risk, so they may increase your homeowners insurance. Be sure to let your insurance company know if you build a pond on your property—they may have safety requirements in order to keep your premium from increasing. 

Even if you empty your pond before the winter, there’s a good chance it will refill naturally. It’s ideal in most cases, then, to leave water in your pond and winterize it instead. This method will prevent ice damage and protect wildlife. Plus, it’ll lessen the steps required to reopen your pond in the spring.

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

Small ponds can be drained and filled in about a day. Larger ponds will take two or three days for professional removal.