Definition
Country club communities center on golf courses with homes woven throughout the development. You get the golf course ambiance plus recreational amenities, but you're also locked into golf-dependent economics. The community and golf course maintain each other—when golf demand declines, property values can follow.
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Find my pathAbout this term
Country club communities center on golf courses with residential homes integrated throughout. Membership includes golf and country club amenities. Properties are typically upscale with premium pricing. Golf memberships required or optional. Communities provide social centers and recreational focus. Golf course maintenance affects property values. Market is limited to golf-interested buyers. Aesthetic value of golf course enhances property appeal. Resale depends on golf market. HOA fees are typically high due to course maintenance.
Pro Tip
Evaluate golf course financial health carefully. A struggling course affects your community and property value more than you might expect.
Example
A country club community included 300 homes, 18-hole golf course, dining, and tennis courts.