Arguably the most valuable benefit of golf course living may be its intangible sense of luxury and distinction. Aside from the convenience of proximity to the course, many golf course homes enjoy access to community amenities, higher property values and low crime rates. These attributes make them attractive to buyers and contribute to quality of life. Additionally, golf communities are frequently located near highly-rated school districts, shopping and entertainment – garnering buyer demand.
Some properties include perks such as cart access, allowing residents to arrive at their destination by golf cart instead of driving a car. Common amenities include clubhouses, fitness centers, walking/biking paths, swimming pools and tennis facilities. And local businesses may offer affinity discounts to community members. Organized events may add to the fun and foster community engagement. With so many offerings, golf course communities make entertaining guests a breeze.
Although no investment is risk-free, studies have shown that golf properties tend to retain their value. A Florida Atlantic University study showed that golf courses added as 8 to 12 percent to property values, suggesting a favorable resale value.
Each golf community is unique, so do your homework. Research the developer, visit the clubhouse and the property amenities and interact with staff and residents. Most importantly, work with a real estate agent experienced in listing and selling homes in the community and who is familiar with its restrictions and HOA rules.
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