Golf Course

Golf Courses


Several aspects of golf courses are explored here: the California drought, environmental concerns, and the golf industry outlook. Can they survive these challenges?


We've already done the research for you.

Before you search elsewhere, take advantage of the research we've already done for you. Formerly known as Field Guides, References tabs contain links to external articles, titles from the NAR Library eBooks collection, websites, statistics, and other material to provide a comprehensive overview of perspectives on each topic. EBSCO articles (E) are available only to NAR members and require a password.

Golf Industry Outlook

Why golf has gone the way of the three-martini lunch, (MarketWatch, July 21, 2016).

The State of the Golf Industry in 2016, (Forbes, May 8, 2016).

Is your golf course millennial ready?, (Golf Course Industry, Apr. 15, 2016).

In real estate, golf ups its game, (The Wall Street Journal, May 28, 2015).

California golf industry defends economic vitality as drought woes intensify, (Accuweather, Apr. 18, 2015).

Will California golf courses survive the drought?, (The Atlantic/City Lab, Apr. 8, 2015).

Golf course communities: back from the brink, (World Property Journal, Mar. 6, 2015).

Can Golf Courses and Nature Coexist?

The price of your grass: the climate impact of golf courses, (Golf Course Industry, July 1, 2016).

How green is Augusta National Golf Club, home of the Masters?, (GreenSportsBlog,  Apr. 8, 2016).

Golf & Water: Case Studies in Water Stewardship, (American Society of Golf Course Architects, Feb. 27, 2016).

U.S. Army golf courses commit to Audubon International Program, (Golf Course Industry, Jan. 15, 2016).

How golf courses in California are saving water to deal with the drought, (Los Angeles Daily News, May 13, 2015).

Golf course superintendents juggle with nature to get job done, (Kane County Chronicle, May 2, 2015).

Why the decline of golf is good for the environment, (Decoded Science, Oct. 12, 2014).

Study: Golf courses aren’t actually bad for the environment, (Golf WRX,  Apr. 14, 2014).


$16 Million golf course conservation deduction disallowed on fine points, (Forbes, May 1, 2016).

Trump’s $550M golf empire may be in the weeds: Experts, (CNBC, July 23, 2015).

Golf course valuation creates beef in the bayou, (Valuation Review, July 8, 2015).

Why assessors need to take a mulligan (National Real Estate Investor, Aug. 1, 2008).

Appraising "golf course" homes (Appraisal Scoop, Sept. 22, 2006).

Segmentation of golf course markets (Assessment Journal, Jan. 2003). E

Land valuation: golf course (Assessment Journal, May/June 1999). E

Impact on Property Value

Are golf courses still good for real estate?, (Hightower, July 14, 2016).

Neighbors concerned over Saddlebrook golf course auction, (Fox59, Mar. 15, 2016).

Rock Creek Golf Course owners push for land-use change (Portland Tribune, July 31, 2008).

Golf courses make good neighbors, until owners want to sell (Star Tribune, Feb. 4, 2008).

Golf course communities: the effect of course type on housing prices (The Appraisal Journal, Apr. 2003). E

Useful Websites

American FootGolf League

American Society of Golf Course Architects

Golf Course Builders Association of America

Golf Course Superintendents Association of America

National Golf Course Owners Association

National Golf Foundation

The Society of Golf Appraisers

United States Golf Association

eBooks & Other Resources

Books, Videos, Research Reports & More

The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.

Analysis and Valuation of Golf Courses and Country Clubs (Chicago, IL: Appraisal Institute, 2003). GV 975 Ap6

Golf Course Development in Residential Communities (Washington, D.C.: Urban Land Institute, 2001). GV 975 M91

Golf Course Development and Real Estate (Washington, D.C.: Urban Land Institute, 1994). GV 975 Ur1

Guidelines for Financing a Golf Course (Jupiter, FL: National Golf Foundation, 1994). GV 975 N21g

Golf Course Developments: Selected References (Washington, D.C.: Urban Land Institute, 1992). GV 975 UrL

Planning and Developing a Golf Range Complex (Jupiter, FL: National Golf Foundation, 1992). GV 975 N21p

Guidelines for Planning, Building and Operating a Golf Range (Jupiter, FL: National Golf Foundation, 1992). GV 975 N21g

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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.


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