Down the drain
View from the Strip
By Casey Lessard
It’s a bitter pill to swallow, but – like it or not – Grand Bend area residents will soon be tying into a municipal sewage system. Many people aren’t aware of the impending costs that are associated with the process, but with figures in the tens of thousands of dollars, they need to start planning now. Perhaps you’re one of them.
Crediton faced this crisis two years ago, and the fallout still has residents talking. Just recently, they faced a deadline to pay cash (about $10,000 per lot plus hookup costs) or face mandatory financing at more than five per cent for 20 years; many thought the day would not come, and missed an opportunity to reduce their costs by finding private financing on their own.
While you can’t stop the provincially mandated process that is well on its way, if you live in the area affected by the proposed sewage system (Grand Bend, St. Joseph, and Dashwood), you can start saving your pennies and talking to your bank. The cost isn’t set yet, but you can bet (based on other communities’ experiences) it will be in the five-figure range for most. Do you have that kind of money underneath your mattress? Didn’t think so.
The situation is worst for the residents of Dashwood, who will have to pipe their waste into Grand Bend, and it’s quite a distance. The cost to do so will be between 20 and 30 per cent of their home values for many.
Home values will increase accordingly, residents are told. Tell that to homeowners in Crediton, where home values haven’t changed much and the home sales market is flooded. Don’t be surprised if you see the same situation in Dashwood some day soon.