Wetland Mitigation Questions | TigerDroppings.com

Posted byMessage
BParishLSU
LSU Fan
Sulphur
Member since Oct 2006
125 posts

Wetland Mitigation Questions


I am purchasing a 7 acre piece of land for a home site that has roughly 11% designated as wetlands. In the information I have found, if I wanted to do compensatory mitigation I would have to purchase credits from a mitigation bank or self mitigate. Does anyone have a rough estimate of what it would cost to mitigate around an acre? Also, if I dig an acre pond does that qualify as self mitigation? I am sure the Army Corp of Engineers will direct me when I file the paperwork but just wanted an idea if anyone has had experience in this area.






Back to top
Share:
BACONisMEATcandy
LSU Fan
My opinions are my own
Member since Dec 2007
40237 posts

re: Wetland Mitigation Questions


It varies from district to district and over time. There is no set price for them just like any bond or security





Back to top
Geaux-2-L-O-Miss
LSU Fan
Between Your Ears
Member since Aug 2005
1884 posts

re: Wetland Mitigation Questions


It depends on where located and what mitigation banks are available for that area. Also, you typically have a ratio of like 3:1 credits to mitigated property. This depends on the who you get at the Corps. Credits can range from $5,000-$15,000 each.

7 acres minus 1 of wetland minus pond size, you should still have plenty to build a house. Why do you feel the need to mitigate?






Back to top
GFunk
LSU Fan
Denham Springs
Member since Feb 2011
8137 posts

re: Wetland Mitigation Questions


Call the Parish Permit Official. They will tell you exactly what you need.





Back to top
BParishLSU
LSU Fan
Sulphur
Member since Oct 2006
125 posts

re: Wetland Mitigation Questions


Thank you for the information. We may not need to mitigate...it's just my first time dealing with it and wanted to get a better understanding of all of the different options.





Back to top
Meauxjeaux
Memphis Fan
Team Vag
Member since Jun 2005
16203 posts

re: Wetland Mitigation Questions



This post has been bookmarked. You can view and maintain bookmarks by clicking on the My Bookmarks link at the top of the page.

Could you sub-divide the portion with wetlands off and have a 6 acre wetlands-free building site?

I have no idea about this stuff, just throwing out ideas.






Back to top
Walkertiger
Oregon Fan
Asst. to the Regional Admin
Member since Nov 2007
2273 posts

re: Wetland Mitigation Questions


I would build on a portion thats not wetlands and not worry about mitigitating any of it.

I would also give you the illegal advice that after several years of living on the 7 acres that you can do what you want with the rest and nobody will care or even know at that point.

They only seem to care when property is sold and/or its time for permits.






Back to top
islandtiger
LSU Fan
Baton Rouge
Member since Sep 2012
771 posts

re: Wetland Mitigation Questions


Avoiding the need to mitigate is the winning answer. Statewide, assuming at least a 3:1 mitigation ratio (likely higher through NOD) and an average mitigation rate running $20,000, you are looking at something like $60,000 to compensate for one acre.

Second issue, although COE or other regulatory agencies might not find out, you can rest assured that they care!






Back to top
TortiousTiger
Baton Rouge
Member since Jan 2007
12666 posts

re: Wetland Mitigation Questions


how/who did you come up with the 11% wetlands mark?

there are engineering firms out there that are more friendly with such delineations.






Back to top
BParishLSU
LSU Fan
Sulphur
Member since Oct 2006
125 posts

re: Wetland Mitigation Questions


The 11% came from paperwork from an environmental firm that the previous owner worked with when he was doing his delineation.
It looks like we will try to take everyone's advice and try to work around the wetlands if possible.






Back to top
BFIV
Member since Apr 2012
1031 posts

re: Wetland Mitigation Questions


I would recommend that you also ascertain if your property or building site is in a FEMA designated flood plain. If it is, then you are going to have to purchase flood insurance at best, and at worst, you might not be able to get financing to build the house.





Back to top



Back to top