Golf view lot cost?
 

Would someone please tell me what premium you pay for a golf front lot? Trying to figure value on a resale. Thanks! Pat

Re: Golf view lot cost?
 

I think it varies. Is it executive or championship? I paid a premium of 185K for the golf front lot in Mallory. (championship) It isn't a huge lot. This was March 2006.

Re: Golf view lot cost?
 

Our salesperson showed us a map of the new lots available for sale and the golf course premiums ranged fro $60K to $173K.

Re: Golf view lot cost?
 

Poromo, what village were they in?

Re: Golf view lot cost?
 

Views are where the money is in TV.

I saw the most exquisite view last night when a new friend here allowed us to see her water view in Amelia. The sun was setting and the palms were in silouette on the hill behind the lake she looks out on. The sky had yellows and purples and magenta and grayish blue and it reflected in the water surface. It gave me goosebumps.

That view was priceless.

Re: Golf view lot cost?
 

Golf view lots range from 50K to 100K and golf front can go as high as 200K. Depends on lot size, where it is on the fairway, is the lot big enough for a pool, is it also on a cul-de-sac, executive course or championship course, busy street, etc. etc. I am sure there is someplace but I have not seen any golf view or golf front below 50K. Even a cul-de-sac lot which usually provides a little more back yard privacy has a premium of 15K to 30K even without a golf course view. So as stated before, it's all about how good the view, lot size, privacy it affords and location.

Re: Golf view lot cost?
 

Gracie:

Wow, that sounds so great compare to golf course. At night they are pitch black and in the morning dewey. Water view would get my $ as you described.

Re: Golf view lot cost?
 

Lot premiums are the one variable the builder can really tinker with....the cost to build the house is directly related to labor and materials; the lot cost derives from land bought for pretty small $$/acre way back when.

As best I can tell, golf front lot premiums have come way down from their peak in mid 2006. A Gardenia or Lantana designer then, on exec golf course, with a few upgrades might have been 500-525; now, I see them advertised for closer to $450 (may not have quite as many interior upgrades).

Re: Golf view lot cost?
 

They can vary for sometimes inexplicable reasons. We looked at two lots on the Truman course that were right next to each other. One was 84K, its neighbor was 124K. The more expensive one was a bit wider but both were wide enough for a Lantana with a golf cart garage.

Re: Golf view lot cost?
 

Samhass,
The lots were off the Roosevelt and Truman golf courses near the Colony Cottage recreation center. I believe the village was Hadley.

Re: Golf view lot cost?
 

What's the difference between "Golf View" and "Golf Front" lots

What do you call a lot adjacent to the golf course out the back door?

Re: Golf view lot cost?
 

Golf view means you can see the golf course. Golf front means the house sits on or fronts the course.

Re: Golf view lot cost?
 

It's ancient history, now, of course, but . . .

When I bought my lot in Sep '04, I paid a premium of $18,000 for being on a cul-de-sac and therefore having a "pie-shaped" lot, and slightly more ground. My most favored alternative was a "standard" lot in Winifred which did offer a small view of the golf course and, beyond, CR466, but was still only a squared off lot. Premium was $50,000!

I quickly opted for my slightly larger piece of ground, with no exciting view, nor any connection to a golf course! I couldn't be happier!

SWR

Re: Golf view lot cost?
 

We were told by a Village agent that view lots cost an additional amount of between $50,000 to $200,000, depending on how expansive the view is. IMHO having a view lot is well worth the price.

Championship golf courses are more expensive than Executive. Obviously backing on Lake Sumter would cost way more than backing on a retention pond! We bought a resale Villa on a golf course and very much enjoy watching the golf during the day and the jack rabbits at night. Don't think we'd want a water view because of the potential danger to our dogs from gators.

Re: Golf view lot cost?
 

Having just bought a golf front in Hadley two weeks ago - they can range from 98K to 150K and more. Size of the lot makes difference, though we talking only a few feet, as does the view itself.