Are there other golf course homes that you can look at for comparable sales? For instance, can you compare sales of other homes on a fairway versus on sales of homes on the greens in your area? What about lot sales on other golf courses? Do lots on the greens sell for a higher percentage than those on T blocks or fairways?
As far as gated is concerned, is the entire community gated or do you have a private drive gate? If the community is gated, then that ammenity would be the same for all homes. If your property is on a private drive with a gated entrance, then you could look at the cost of installation to give you an idea of cost to duplicate the existing gate. Another consideration would be are gated communities the norm in your area? In some area's gated matters more than others.
Give me some more details and I will try to help you. Thanks for writing in.
Thanks for your response, Tommi.
I'll try to find some other courses to see if I can find some differences on those courses - that's a good idea.
When I mentioned 'gate access', I wasn't very clear. This is gate access directly from our back yard into the golf course. The community itself isn't gated. But in order to have a gate from your yard to the course, you have to jump through hoops with the country club board of directors, and get permission. Only 4 homes have been approved.
Also, there ARE a few additional homes on the other side of the golf course that are in a different city. That city isn't considered as prestigious, and the specific area surrounding those homes is pretty run down, so I didn't really look at those sales. Would it be of value to look at those as well?