Import Posted February 23, 2007 Share Posted February 23, 2007 I really like the idea of living in a house backing onto a golf course. Although I am sure you can point out lots of disadvantages The things is we don't play golf. Never have and probably never will. So is it worth buying a golf course home? Do you have to like golf? I am assuming you pay extra in HOA fees etc for the priviledge? And if we lived in one would we feel the odd ones out among the neighbors? Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted February 23, 2007 Share Posted February 23, 2007 You can live on the course, but you still have to pay to be a member of the Golf Club.At least that's how it is in Fall Creek. Quote Link to comment Share on other sites More sharing options...
Scharpe St Guy Posted February 23, 2007 Share Posted February 23, 2007 Good question especially after how it seems investors have purchased and are going to redevelop two area golf courses here in Houston (Inwood Forest, and Clear Lake). One could buy a very nice home on a golf course and then a few years later find out that KB Homes or some strip club or a road could be located on your back fence. Scary if you ask me, not sure how you would do the due diligence to safely secure your interest and your view.Good luck,Scharpe St Guy Quote Link to comment Share on other sites More sharing options...
cwrm4 Posted February 23, 2007 Share Posted February 23, 2007 Houston is way overbuilt on golf course communities right now, and there are several that are in bankruptcy, or will soon be.Golf course communities offer quick cash to developers; they build up the course, then sell the lots fast to other developers who build the homes. Then the original developer flips the course to other private money, often with highly optimistic forecast numbers on the revenue brought in by green fees from players that don't live on the course (that money is necessary to keep the course afloat). But since there are a lot of golf courses, that revenue doesn't always materialize, and the new owners of the golf course can't make ends meet. There have been some prominent people in Houston who have lost, and are still losing, millions in these scenarios.So, that said, unless you are buying in one of the real high-end communities, I would be hesitant to buy on a course if you have no interest in golf. I don't think the neighbors would think you odd, but your "investment" may be risky. Quote Link to comment Share on other sites More sharing options...
DJ V Lawrence Posted February 24, 2007 Share Posted February 24, 2007 The newer golf course-communities (like Royal Oaks) seem to build quality homes and the size is reasonable. But I like a big backyard, and that's hard to come by in a neighborhood like that. The golf course is the community backyard. Plus, the taxes can be a mutha. Quote Link to comment Share on other sites More sharing options...
Houston101 Posted February 24, 2007 Share Posted February 24, 2007 Don't forget the golf balls breaking your windows. Theoretically the golfer who hit the shot is repsonsible for the damages, but good luck catching them, especially if it happens when no one is home. Quote Link to comment Share on other sites More sharing options...
Import Posted February 25, 2007 Author Share Posted February 25, 2007 Thanks, you made some very good points... definately worth thinking about. And my next question was going to be about those stray golf balls :-) Quote Link to comment Share on other sites More sharing options...
CDeb Posted February 26, 2007 Share Posted February 26, 2007 Thanks, you made some very good points... definately worth thinking about. And my next question was going to be about those stray golf balls :-)Just take a look where the property is in relation to the tee box. Some houses are more likely to be shelled by golf balls than others. Quote Link to comment Share on other sites More sharing options...
Import Posted February 27, 2007 Author Share Posted February 27, 2007 Um... Tee box??? (Probably not worthy of living within 10 miles of a golf course ) Quote Link to comment Share on other sites More sharing options...
Houston101 Posted February 27, 2007 Share Posted February 27, 2007 Just take a look where the property is in relation to the tee box. Some houses are more likely to be shelled by golf balls than others.That will certainly help you minimize the damage, but it probably won't eliminate it. A friend of mine selected his lot based on that exact theory but his house was still pounded by errant balls. There are enough hacks out there that no matter where your house is located on the course, its probably not totally safe. If you want to live on a golf course, getting hit by balls is just part of the "experience". Quote Link to comment Share on other sites More sharing options...
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