Golf Courses

Overview

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

References

NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.


Golf Industry Outlook

In Madison, Municipal Golf Courses Are Bleeding Green (Wisconsin Public Radio, Jun. 11, 2019)

More Private Golf Courses Biting the Dust (Crain’s Chicago Business, Jun. 5, 2019)

NGF Releases 2019 Golf Industry Report (The NGF, Apr. 2019)

The Changing Landscape of Commercial Real Estate: Repurposing Spaces in Retail, Shopping Centers, Healthcare and Golf Courses (Business Law Today, Dec. 2018) E

Builders Hit Hole-in-One: Dead Golf Courses Become Sites for New Housing (realtor.com®, Sept. 27, 2018)

Can Golf Courses and Nature Coexist?

Loss in Popularity, Climate Change Put Pressure on Public Golf Courses (Minn Post, May 30, 2019)

Golf Course Land Positive Effects on the Environment (Seattle Journal of Environmental Law, Apr. 10, 2019)

Not Just the Links are Green (The New York Times, Mar. 9, 2019)

Golf Courses Across U.S. Step up to Save Monarch Butterflies (Mother Nature Network, Feb. 17, 2019)

What to Know About the Surprising Impact Golf Has on Global Warming (Blue and Green Tomorrow, Jan. 31, 2019)

Appraisals

Golf Course Property Tax Bill Is Not Likely to Pass (River Journal, Jun. 9, 2019)

Exclusive Private Golf Club in Baiting Hollow Has Property Tax Bill Slashed by Court (Riverhead Local, Mar. 3, 2019)

Appraisal Standards as Applied to Golf Properties (Golf Property Analysts, Jun. 28, 2018)

Impact on Property Value

Study Shows Drop in Home Values if Arizona Golf Courses Close (Club + Resort Business, May 30, 2019)

A Family Keeps Turning Down Millions for its 1,900-Square-Foot House Next to the Masters Golf Course (Business Insider, Apr. 12, 2019)

A Home Next to the Fairway May Land You in the Green (Bakersfield.com, Mar. 17, 2019)

Thinking of Buying in a Golf Community? (The New York Times, Mar. 9, 2019)

Money-Losing Golf Courses Can Club the Values of Nearby Homes (The Real Deal, Jan. 12, 2019)

Homeowners Will Pay the Price for a Backyard Golf Course, One Way or Another (Forbes, Jul. 12, 2018)

Useful Websites

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 Member Support. 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 Member Support 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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