Saturday, September 24, 2016

Are Golf Courses Still a Good Home Sales?


From The Broker List:

Golf courses trump all other amenities except natural areas in adding value to single family homes.   


"Despite the closings and course repurposings, there’s no question that golf courses positively impact the real estate around them. Last year, the National Association of REALTORS noted that a desirable public park or other recreational open space boosts the property value of nearby homes by as much as 20%. It points to one study of 16,400 home sales within 1,500 feet of 193 public parks in Portland, OR, and found that golf courses, in particular, boosted home values by $8,849—only secondary to natural areas ($10,648) and above specialty parks ($5,657) and urban parks ($1,214).
http://blog.thebrokerlist.com/golf-courses-still-good-real-estate."

Read the full post here: 
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Read the list of  things that affect home value today here:
https://www.houselogic.com/remodel/windows-doors-and-floors/9-surprising-things-add-value-your-house/#ixzz3UeIOJdGt

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