Can I sue the city or builder regarding a settling pond that was never built?

Question Details: My home was built 12 years ago and I purchased it 7 years ago. My entire house has flooded twice and the garage 4 times due to storm drain issues. The house is not near any lakes, rivers, etc. Per a civil engineer who I consulted, the original plans for the neighborhood, included a settling pond that was never built. Also, the builder graded my lot a foot lower than the original plan. As a result, I get flooded, with the severity depending on if we are home to put out sandbags or not. I was told by a real estate that no one would buy my house and most likely an agent wouldn't even list it. He suggested that I get another house and let this one foreclose. Should I walk away? Can I seek compensation from the builder or the city?

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