Stack & Associates, P.C.
Contact Our Office Environmental and Land Use Law
404-692-7504

Water pollution can lead to devaluation of lakeside properties, P.1

Water pollution can have a number of negative effects, including loss of wildlife, health concerns, and loss of natural resources. The impact of any of these effects is obviously greater the more people had been making use and taking advantage of the contaminated water source. Another potential effect of water contamination, and one that can be particularly costly for those affected, is property devaluation.

Water pollution, when it affects lakeside properties, can end up drastically reducing the value of property. That is exactly what is happening for property owners in the Vermont town of Georgia. The problem there seems to be that accumulated runoff from paved roads, farms, sewage plants and other sources has brought in an excess of phosphorus, which has fostered growth of blue green algae.

Blue-green algae gets its color from specific bacterial growth, and can be dangerous for humans and animals since its byproducts can be toxic. For this reason, recreational waters where blue-green algae is spotted are typically closed to prevent the public from being exposed. When blue-green algae appears in residential waters, then, it is a serious concerns for locals, and not only for health reasons. Property values can suffer.

And, indeed, property valuations in the Vermont town have significantly decreased since the appearance of the blue-green algae, making it difficult for folks to sell. Authorities there have said that there is a rough difference of 25 percent in property values between lakeside property where the blue-green algae is not seen and properties where it is.

In our next post, we’ll continue speaking about this topic, and whether there is anything residents can do to protect themselves when water pollution occurs in lakeside properties leads to property devaluation. 

No Comments

Leave a comment
Comment Information

Contact Our Firm

In the legal profession as in other fields, past accomplishments are often the best indicators of future success. Our representative cases bear witness to our law firm's ability to represent clients against even the most formidable adversaries, including government bodies and giant corporations, in both individual and class action claims.

Email Us For A Response

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Our Office Locations

ATLANTA -
260 Peachtree Street N.W.
Suite 1200
Atlanta, GA 30303

Phone: 404-692-7504
Fax: 404.522.0275
Map & Directions

SAVANNAH -
7 E. Congress Street
Suite 404
Savannah, GA 31401

Phone: 404-692-7504
Phone: 912.232.0567
Fax: 404.522.0275