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After you fill in your pool, you can add trees and plants that help stabilize the soil. You might decide not to fill it in at all and find another use for the sunken area instead. A few ideas include creating a seating area or garden inside the empty pool. Depending on its size, you could create a place to roller-skate or install basketball hoops for an unconventional court.

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.

A koi pond should be at least 5 feet deep to keep the fish healthy and ensure they don’t freeze in winter. Koi fish are also known for growing large, so the more room you have, the better. A larger koi pond size will allow the fish to grow bigger than a smaller one will, and the more fish you have, the bigger the pond you’ll need. Learn how to build a pond in your backyard to ensure it remains functional and aesthetically pleasing for a long time.

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.