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Featured Community

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Featured Properties

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Home Valuation

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Mortgage Calculator

calculator

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What To Know About Buying A Golf Community Home

Buying a golf community home is an attractive prospect for those who love the game. Beautiful surroundings, camaraderie, challenge, and enjoyment are part of every round experience. If you're considering buying a golf community home, you'll probably have a number of questions. You might wonder what type of homes are available and what is and isn't included for residents. Well, housing types are plentiful: single family homes, townhouses, condos, and villas are most common. As to inclusions, these vary from one community to another. But, there are certainly many reasons to live in a golf community.

 

Why Buyers choose Golf Community Homes

Buyers choose golf community homes for various reasons and it's surprising the golf course is not always the number one reason. While the vast majority do put this at the top of their lists, others love the many amenities. It's quite common for buyers to be attracted to other features, like an active lifestyle, the wonderfully manicured landscapes, walking trails, the clubhouse, and other community amenities.

Investing in luxury real estate can be more exciting than investing in securities thanks to its tangible aspect, and there are many ways to do it, from building a custom home to flipping a mansion to buying a vacation property . You can enjoy your luxury home as a resident, as a traveler or as a landlord or build luxury homes for others to enjoy. Before you buy, make sure you understand the features that create lasting value in this asset class to get the best return on your investment. --Investopedia.com

The point being, there's much offered by most golf communities. Buyers typically relish they have easy access to all kinds of things to do. What's more, outside the community, nearby entertainment, dining, shopping, performing arts, and more are just a short drive away. The best news of all is, here in both Manatee County and Sarasota County, there are several golf communities; so, there's one that's right for you. It really depends on what your own wants and needs are to find the best fit.

What to Know about Buying a Golf Community Home

When you begin your golf community home search, it'll likely be online. That's okay, the internet is the single biggest starting point for house hunting. As you search for a home, you'll see scores of residential properties. Eventually, you'll compile a list of "must-see" homes. When you visit the communities, you'll see a lot firsthand. Still, you will have many questions. Here's a primer for what to know about buying a golf community home:

  • Location. The old adage real estate is all about "location, location, location," isn't even slightly untrue. While it's become cliché, it's very accurate. Experienced real estate professionals know you do not buy a home, you buy into a community. The home is customizable. You can give it a fresh look with a new coat of exterior paint. Reconfigure the layout, remodel the kitchen, and update bathrooms. You can even convert an extra bedroom into a home office. What you can't do is change the location.
  • Resident amenities. Depending on the community, you'll have a lot of amenities at your disposal. What differs is the number, types, and allowable uses. Because golf communities are often CCD and HOA communities (Community Development Districts and Homeowners Associations), certain laws and rules apply. While many have the same amenities, such as a clubhouse, tennis courts, community pool, and so on, resident and guest use depends on the community itself.
  • Future development. Another consideration is future development. Here again, location matters. Nearby green space might become a commercial development. The community itself might expand. These aren't necessarily bad but you should inquire about any planned or potential future development. Such changes could impact your home's resale value. These scenarios are more common to new, newly built, or under construction communities. In established, older communities, said changes are less common.
  • Homeowners association. If you have live or currently live in a homeowners association community, this will be familiar. But, if you've not lived in a homeowners association community or no little about these entities, you should learn about them. The general purpose of a homeowners association is to maintain the community. The HOA bylaws govern various aspects, such as architectural style, exterior color, street use, parking accommodations, and more. Best of all rules prevent one neighbor from devaluing another neighbor's home and keep the community in good condition.
  • Personal preferences and uses. Since communities all offer different features and amenities, you need to find the best fit for your own personal preferences and uses. While you might love to hit the links often, your spouse, children, or guests could have different passions. In other words, it's best to think about all probable and possible uses so there are always something for everyone.

If you are interested in buying a golf community home and want to know more about the Sarasota market, visit My 2016 Home Buyers Advantage Program or phone me at your convenience.

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Fine Properties logo

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Dennis Boyle, The Golf Home Pro

941-400-5584

Info@SuncoastGolfHomes.com

logos

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