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Advice When Buying a Golf Home


The 10 Commandments of Golf Real Estate Buying - by David Lott
 

What Do You Want in a Golf Course Home? - 15 Questions You Must Answer First
 

What is a Private Residence Club? - 15 Frequently Asked Questions


The 10 Commandments of Purchasing at a Private Residence Club


Five Questions to Ask When Looking at a Health and Wellness Community
 

Ask the Architect: Answers to Your Architecture Questions


Buying in Mexico? Read This First!


GreatSchools.Net - Check out Great Schools in the Area You Want to
Purchase In!

The 10 Commandments of 
Golf Real Estate Buying
 by David Lott

The stars that dance in a golfer’s eyes when you start talking about fairway living are often bright enough to obscure even the most cautionary road signs. But developers, marketers, agents and builders alike advise prospective buyers to do their homework first. 

According to the National Golf Foundation, today’s golf community market is "more active than ever," having come back strongly from the chill that gripped the golf real estate market in the early 90s.

"Roughly 40 percent of new courses are associated with real estate," says Steve Singer a consultant at the NGF, "which is where it was before the early 90s." That means you have more choices than ever in locations as diverse as Wyoming, Washington, Oregon, Connecticut and Rhode Island in addition to the usual spots such as Florida, North Carolina and Arizona.

Do Your Homework
This abundance also means that while it’s great fun to vacation and shop for a home at the same time, you don’t have time to check out all the possibilities personally. Do your homework and arrive at your destination prepared.

To help you arm yourself with the facts, we’ve put together The 10 Commandments of Golf Real Estate Buying. Half the battle of information gathering is knowing the right questions to ask. And like any investment decision, you need to be aware of the pitfalls and hazards. Follow these commandments and you’ll be successful in finding the fairway home that best suits you.

The 10 Commandments of Golf Real Estate Buying

  1. Create Your Best Case Scenario <==Click here to go to a special questionnaire to help create your vision!
  2. Use the Inside Sales Team
  3. Consider the Resale Value
  4. Eliminate the Ultimate Surprise
  5. Ask About the Homeowners Association
  6. Ask "How Private Is it Really?"
  7. See If the Club Lives Up to the Marquee Designer’s Name
  8. Find Out What the Amenities Will Be & When They Will Be In
  9. Visit More than Once, and Talk to Owners
  10. Investigate the Surrounding Area

For the complete text of this article, click here. 

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What Do You Want in a Golf Course Home? 15 Questions That Will Help You Find Out

by David Lott

The first step in finding your perfect golf course home is to determine what you want at the outset and then look for it. 

Use the questionnaire below to help get you thinking about what’s important in your golf course community. 

Circle your answers and use them as a template when you start looking at specific communities.

1. The main reason you want to live in a golf course community is:
  1. To play as much golf as I can
  2. To learn the game & make friends
  3. Not to play, but to enjoy the golf course view
  4. Because my spouse wants to live on a golf course
  5. To be near my children and grandchildren

2. What kind of community do you want to belong:

   A. Private, equity club
   B.
Private, no equity
   C.
Semi-private
   D.
Public  

3. How much can you afford? 

   A. Up to $250,000
   B. Up to $500,000 
   C. Up to $750,000 
   D. Up to $1 million+

4. Where do you want to live, in general terms?

  1. Beach
  2. Mountains
  3. Desert
  4. Lake
  5. River
  6. Rural
  7. Metro-area

5. Where do you want to live within the golf community? Overlooking:

  1. Fairway
  2. Green
  3. Marsh
  4. Lake
  5. Lagoon
  6. River
  7. Beach
  8. Desert
  9. Mountain
  10. Not on the course, but with a golf course view
  11. Just within the community, golf view not critical

6. You’ve chosen one of the areas above, but you also want to want to live within 30-45 minutes of one of the areas below. For example, you want to live in/near a metro area, but want to be able to drive to the beach within 30 minutes.

  1. International airport
  2. Beach
  3. Mountains
  4. Desert
  5. Lake
  6. River
  7. Rural
  8. Metro-area  

7. In which region of the U.S. would you like to live?

  1. New England
  2. Mid-Atlantic
  3. Southeast
  4. Mid-West
  5. South Central
  6. Pacific Northwest
  7. West
  8. Southwest

8. Do you want to be near:

  1. Cultural centers
  2. University town
  3. Health Care Facilities
  4. Shopping Centers
  5. Airport
  6. Other golf courses
  7. My grandchildren/children/family

9. A "name" golf course designer is important

   Yes       No

10. Other amenities that are important check all that apply

  1. Golf practice facility
  2. Golf lessons/golf school
  3. Tennis
  4. Marina
  5. Wilderness areas/Preservation areas
  6. Fishing
  7. Fly-fishing (on property or near by)
  8. Skiing (ski-in, ski-out, nearby)
  9. Indoor swimming pool
  10. Outdoor Swimming pool
  11. Aquatic aerobics
  12. Personal trainers
  13. Spa/Massage/herbal wraps, etc.
  14. Whirlpool
  15. Aerobic classes
  16. Free weights
  17. Weight machines
  18. Walking trails
  19. Hiking trails
  20. Fine dining
  21. Well-stocked Wine cellar
  22. Card clubs (bridge, etc.)
  23. Instruction classes (cooking, bridge, flower arranging, etc.)
  24. Active club social calendar
  25. Club tournaments & events
  26. Inter-club play

11. The kind of home you want is

  1. Single-family
  2. Custom Home
  3. Patio Home
  4. Cluster Home
  5. Condominium (low-rise)
  6. Condominium (high-rise)

12. How many bedrooms

  1. 4+
  2. 3
  3. 2
  4. 1

13. How many bathrooms

  1. 1
  2. 2
  3. 3
  4. 4+

14. Circle other important home features:

  1. Hardwood floors
  2. Fireplace
  3. Vaulted ceilings
  4. Basement
  5. Garage
  6. Golf Car garage
  7. Pool
  8. Gourmet kitchen

15. How much can you afford to devote to golf each year?

  1. Up to $2,500
  2. Up to $10,000
  3. Up to $20,000
  4. Up to $30,000
  5. Up to $40,000
  6. $50,000+
  7. $100,000+

Back to Top  

Buying in Mexico? Read These First!

Buying real estate in Mexico has become easier for foreigners because of recent Mexican governmental rule changes. Click here and here for two articles on what you should know before buying, plus some suggested golf communities which offer both golf and beach buying opportunities.

GreatSchools.net

We've found a terrific website to use if you want to check out schools in the area where you are looking for your golf course home. www.GreatSchools.net, The Parent's Guide to K-12 Success. Let us know what you think of it!

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