Cheap to keep everything so beautiful.

“free golf” costs $189 a month!
 

Add in the Trail Fees of about $144 a year ($4 per round) and the free golf ain’t so free. If you play two rounds every weekend the “free golf “costs you almost $24 per round on the Executive courses.

Always funny.

:1rotfl:

“free golf” costs $189 a month!
 

Add in the Trail Fees of about $144 a year ($4 per round) and the free golf ain’t so free. If you play two rounds every weekend the free golf costs you almost $24 per round on the Executive courses.

Jus as funny the second time.

Walk X 2 = FREE


.:1rotfl::1rotfl::1rotfl::1rotfl:

There is an echo on this thread.:MOJE_whot::duck:

That must be new math. The way I learned was that is you play 104 rounds a year (2 rounds every weekend) and it costs $144 then it equals around $1.39 per round. also, the 144 covers the entire household so you could have 2 - 4 people getting trail fees for a year for 144

Give until it hurts and then One Pint more...

So you can save money on golf by having a dozen people living in your house.

So if the CPI-U varies and it is 9% in May but drops to 4% in
 

So if the CPI-U varies and is 9% in May but drops to 4% in June,, do those who come up for renewal in June pay less of increase than those who renew in May? Doesn’t seem right.

What I find interesting, is that I can walk to my local pub in 6 minutes, yet it takes me 55 minutes to get home!

(Just though I would add that to the current nonsense, and frivolity.)

I bought in TV because I felt that all of the amenities provided, and the attractiveness of the common areas was well worth the amenity fees charged. I don't use each and every amenity, but I use enough of them, as I expected I would, to make it a good value for me.
I also had this sneaking suspicion that the cost of maintaining the amenities, and the common areas, to the standards I'd always seen when I came and visited, or rented, would likely increase.
As magical as this place might seem to some, I couldn't envision a scenario where everything outside of the bubble would be subject to the effects of inflation, yet, somehow, as we bragged about how much our homes increase in value, the cost of maintaining stuff inside the bubble would be saved from the inflationary spiral.

The shock and surprise of some over the increase in amenity fees makes me think some people imagined a world where we inside the bubble would be spared from inflation.

Since this nonsense was resurrected from the previous amenity fee thread (twice), I'll resurrect the true response:

Now for some remedial math:

Cost of maintaining a golf course, according to the CSGA, varies from $80,000 to close to $ 2 million/year depending on location and the course. The average is $500,000/year for a full 18 hole championship course in very good condition, or $250,000 for a 9 hole course. Our 9 hole exec courses are less than 1/2 of the length of nine holes on those courses, but the most expensive parts of a course to maintain are bunkers and greens, so let's go high and say it costs $200,000/ year to maintain each of our execs. So, 44 execs x $200,000/year = $8.8 million/year.

On the income side-----approx. 65,000 homes in TV paying about $170/MONTH amenity fees: 65,000 x 170 x 12 = $ 132.6 million/year. 8.8/132.6 = 6.6% of the amenity fee going to golf (far from 100%). We can debate these numbers a little, but they are certainly well in the ballpark, so I doubt more than 10% of the amenity fee goes for exec golf.

So.....$170/month x 6.6% = $11.22/month or $134.64/year, then add $144 trail fee (if using cart) for $278.86/year divided by 104 rounds = $2.68/round , or only $1.29/round if walking and playing twice a week-----this is the real cost of "free" golf, far from $24/round. Play 4x/ week and those costs go to $1.34 and $0.65 respectively.

The "cap" on the amenities fee notwithstanding, and it was pretty clear that it would not be forever, the Deed Restrictions clearly stated that the amenities fee increases were tied to the CPI. People would only be surprised if they failed to read the Deed Restrictions - they are only a few pages along.