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

Observations on 2018 (Golf Course Industry, January 16, 2018)

Golf courses setting new course (The Journal Gazette, November 26, 2017)

San Geronimo golf course may be rescued, or returned to the land (ABC7 News, September 27, 2017)

This golf course is being converted into a residential olive grove (Yahoo! Finance, August 22, 2017)

Rare new golf course to open at Nemacolin Woodlands (Pittsburgh Post-Gazette, April 8, 2017)

Can Golf Courses and Nature Coexist?

Environmental leaders in golf in 2017 (Golf Digest, December 19, 2017)

Minnesota course lauded for for ecological work (Golf Course Industry, December 6, 2017)

The importance of embedding golf in nature (Golf Course Architecture, August 31, 2017)

Five courses that put the green back in golf (USA Today, April 8, 2017)


$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

Golf course design and real estate values: the impact of cart paths on condominium prices (Appraisal Journal, Spring 2017) E

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

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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