Does a golf course/water view really worth it?
 

I am sure this is discussed in Nauseam, but can’t seem to find much on a search with recent opinions.

I expect my wife and I will want to design our house vs purchase an already made and ready new home if we go in the new home direction.

However, looking at locations TV releases to build lots on the price can go from 5k to 200k.

I get the idea of pick what you can afford and want, but I am still the kind of person that needs to confirm value. Say, we decide to move to a new location in 10 years. I don’t want to loose 200k in value. Up North, the area and size of house would all be similar in price. View would not mean anything to valuation of sale.

So, do the golf course views really sell for 200k more than a same style home without the view? Or do you understand and accept a loss if you purchase the view?

An additional thought, difficult to find water view that doesn’t come with alligator!

In my opinion, you should definitely buy a golf and/or water view site. It will sell quickly and you will get your investment back. It is worth it.

A good golf course view sells for more than 200k premium on an existing build

& mowers

& golfers

& golf balls

:ho:

There is no guarantee that there will always be water in you pond

Money better spent to have a nice quiet open space lot behind your home with a water view. Lots to look at and peaceful. If we ever put our home on the market, it will go long before other homes of the same type. We love ours.

Yes they do, and they sell faster as well. View lots are often larger as well and that is a factor in the price. That is why, if you try to buy the $150K lot that you have your eye on, you can't just do it. You have to enter a random drawing with other people will also want the lot.

The $0 and $5K interior lots on the other hand, you can just take your pick. But, unfortunately the beautiful house you want to build on the view lot, doesn't fit on the $5K lot. So there is that.

Yes, golf course views command the extra coin on the front end and they are more likely to sell quickly on the back end. If you get your money back, well, that depends on a lot of things. No one can really tell you what’s going to happen in 10 years. But, it will more than likely sell quicker than a home that backs up to another or one that is on the turnpike or near a busy street.

Look at it this way, what view would you rather have for the next 10 years in that house that you are custom building? The back of someone else’s house or that golf course / pond.

Also, when you pick your lot, choose wisely! You don’t want golf balls hitting your lanai…or those irresponsible golfers trespassing on your property because they can’t hit a ball straight.

Interesting that there is a lottery drawing for the new lots. Maybe it makes sense to buy a home with the view you like in a pre-owned home. It could save some money.

Be sure to research and choose your site carefully. These are not PGA professionals playing our courses. What you think may be a safe location most likely will not be. In the past we were on a par 3 at the friendly tee thinking no one would hit into us. We were wrong and our neighbor downstream was very wrong. Sitting in the lanai was inhibited and a lot of cursing from golfers as they go by, but a nice view.

The biggest mistake you can make is to build a premier or a large designer house with a lot of upgrades on an interior lot.

I would suggest driving through the neighborhood on Iron Oak Way and Morse Blvd. This is the last premier house neighborhood built north of Rt 44 before they stopped building premiers. The houses on the water preserve are all worth well over $1 million dollars. But can you imagine owning one of the huge premier houses on an interior lot, when you could have purchased one of the preserve lots for about a hundred thousand dollars more?

I love golf, but wouldn’t live on a course if there was zero up charge. Getting woken up at the crack of dawn by lawnmowers isn’t my idea of a good time.

Water or marsh view with a northeast exposure on the rear of the house.

If you search the databases for asking prices for pre-owned homes on view lots, you will be quickly disabused of that notion.