re: Question regarding property that is considered wetlands?

I am pretty deeply involved in the mitigation business. You typically only have to mitigate for the actual footprint of the damage, plus any collateral damage your development might create. As others have indicated, the requisite mitigation is based on a comparison of the quality of the site being developed vs. the restoration potential of the bank (i.e., you will need to purchase different number of credits from different banks).

Cutting trees from a forested wetland is exempt from 404 permitting IF the activity is part of "normal silvicultural practices." If you clearcut with no intention of replanting, you expose yourself to possible Corps of Engineers enforcement action. Why would you want to clear 20 acres around your homesite if you have no plans to develop?

Mitigation is available for most any wetland proposed for development in LA but be prepared to pay some serious cash.