We provide commercial appraisal and valuation services for golf courses. Golf course appraisals are complicated and unique commercial appraisal assignments. A golf course is actually a large business enterprise that groups revenue-producing departments under one main income stream for the entire property. Golf courses are not only sensitive to the local real estate market, but also to local demographics, current golf participation and frequency rates. A thorough understanding of the commercial appraisal process as well as an understanding of this specialized property type and golf operations is necessary for true, accurate, timely and cost effective decision making.
The type of course (regulation, executive, par-3, learning center and driving range), the operational category (public owned), private and daily fee and purpose (stand-alone, resort, mixed-use, retirement community and residential development) must also be taken into consideration by the commercial appraiser.
Knowing where a golf course fits into the scheme of things is crucial for owners, operators, and lenders alike. At Vanguard Realty Advisors, we have experienced and dedicated commercial appraisers focused on golf course valuation and are keenly aware of how demand and supply segments, market condition and competitive supply affect valuations of various golf course property types. Please contact us for any golf course appraisal services.