5 Things to Consider Before Purchasing a Golf Course Home
If you love to golf, you might be considering purchasing a home on a golf course. Before making such a purchase, however, there are several things you will need to keep in mind in order to make certain you are making the purchase that is right for you. Here’s a look at the top 5 things you need to consider before purchasing a golf course home.
#1: Can You Afford the Added Expense?
It is no secret that homes located on golf courses tend to cost more than those that are not. In addition, you will likely need to pay annual dues to the Homeowner’s Association as well. Therefore, before making plans to move to a golf course community, you need to be sure you can afford to pay more than just the purchase price of the home, but also the annual fees that are associated with living there.
#2: Are the Extra Expenses Worthwhile?
Even if you can afford the costs associated with living in a golf community, you need to ask yourself if those extra expenses are worthwhile. In other words, do you golf frequently enough to make the convenience of living on a golf course worthwhile? Of course, some people choose to live on a golf course simply because of the amazing views. Whatever your reason, be sure to consider the cost versus the benefits in order to make sure you are making the right decision for you.
#3: What Other Amenities are Included?
When comparing golf course communities, you should consider more than just the golf courses found within the communities. In fact, the other amenities that are available within the community can also be quite spectacular. Other amenities you might find in these communities include:
• Tennis courts
• Swimming pools
• Meeting spaces
• Basketball courts
• Fitness areas
• Children’s playscapes
#4: Is the Location Right for You?
As with any real estate purchase, location is key when purchasing a golf course home. In addition to purchasing a property that is in the golf community of your choice, you also need to consider the location in relation to all of the following:
• Your workplace
• Parks, lakes and other recreational activities
• Retail establishments
Obviously, you don’t want to have to travel far in order to enjoy some of your favorite activities, so choose a golf community that is close to the other activities you like to do on a regular basis.
#5: Does the Property Meet Your Long-Term Goals?
While the property may seem perfect for now, it might not meet your long-term goals. So, unless you plan on moving in a few years, be sure to consider your career and family plans before making a purchase. This way, you can purchase a beautiful golf course home that will be sure to meet your needs for years to come.