Should the Hoa/Poa own the golf course?
Since some have golf or club amenities, whether the HOA/POA owns the club or not it has a vested interest in the club’s economics. Having recently worked on several HOA/POA golf course assignments, we’ve learned a good bit and made some observations that might be helpful.
How much would you pay for a private golf club?
Budget for a club (full family golf) would be up to $800 a month so Avila is out. So in the end, looking for the following: Family Friendly Golf Course Community (we have two young girls who I hope will play, but wife does play) If Private, < $800 for dues (and cart/cart plan for me only if possible)
What are the best semi-private golf clubs in Florida?
Many of the semi-privates have membership options that cause reduced fees and practice times. TPC Tampa Bay, Fox Hollow and Southern Hills come to mind in that respect. Lots of clubs with housing developments attached in Florida.
What is a good budget for a family Golf Club?
Budget for a club (full family golf) would be up to $800 a month so Avila is out. So in the end, looking for the following: Family Friendly Golf Course Community (we have two young girls who I hope will play, but wife does play) If Private, < $800 for dues (and cart/cart plan for me only if possible) Any recommendations?
What is a POA in golf?
July 16th, 2018. Many residential communities have homeowners associations (HOA’s) or property owners associations (POA’s) which govern architectural standards, common area maintenance and community rules. Since some have golf or club amenities, whether the HOA/POA owns the club or not it has a vested interest in the club’s economics.
What happens if a club has the lowest dues?
If a club or community boasts about having the lowest dues, one can be certain that the level of services and the value in membership will be compromised. Often, a club has to choose between privacy/exclusivity and opening up to the outside.
Why do golf courses have domino effect?
In addition to building golf courses to provide a recreational/lifestyle amenity to homeowners, developers used them to enhance sale prices so homeowners have a vested interest in protecting and preserving the premium value of their homes created by the club. When the club declines, home values typically follow and a domino effect is created which can often cripple a community. This should be of great concern to homeowners and the HOA/POA.
What happens when a club is struggling?
In most cases, the owner/operator of the club requires a financial return (profit) and if the club is struggling, budget cuts are often employed to stop the bleeding, which can precipitate that decline.
Does a HoA subsidize golf?
The HOA/ POA currently subsidizes the golf operations and seems to have established a limit as to how much they’re willing to contribute. Among the choices HOA’s/POA’s encounter are: Key to understanding the best way to go is comprehending the club’s “culture”.
Can non-residents play golf in age restricted communities?
Choices include maintaining the club as private for community residents, open up membership to non-residents or to allow some amount of daily-fee play from both residents and non-residents . In age-restricted communities there is often a concern for security and opening the gates to the outside can be perceived as risky. There is sometimes the option of simply raising the HOA dues given that all residents (whether they’re golfers or not) benefit from a thriving club in the community. Needless to say, just like taxes, raising dues is never popular.
Is a golf club profitable?
The club is profitable to the owner but not maintained in a manner that supports home values in the community.
What is the average age for a men's club?
As far as the men's club the average age is in the 60+ range. I am about the same age as you (I'm 42) though and I would like to get a few more people to play with closer to my age.
How much does Vinoy cost?
the vinoy has an initiation fee of 15-20k. the course isn't as good as pasadena.
How many holes are there in Carrollwood?
Carrollwood is a nice option with 27 holes and has a pretty good family vibe. However, there is quite a bit of outside play in season due to the lodging on site. Also, unless you go the private school route in that area, you're in a s*** school district. LOL, had Old Memorial on the brain because I just played there.
How much does Hunters Green cost?
I spoke with Hunters Green yesterday. The price is right, $250 for executive (under 42) with no initiation. Jumps to $400 when the youngest turns 42 (in our case that would be me in March of 17). And that includes play at Hunters Green and Cross Bay and Society benefits at Tampa Palms. I haven't yet seen the course. The membership director mentioned they are about to go into a million dollar update, but I believe that was all, or mostly clubhouse renovations.
Is Vinoy Golf Club reasonable?
if you lived in the st pete side, Pasadena country club and the Vinoy golf club is reasonable in price. The vinoy has an initiate fee that I think is reasonable because they break it up in payment plans.
Can you drive across Tampa to clearwater?
Trust me, you really don't want to be driving across tampa to clearwater or reverse to play golf all the time. The commute is not fun. If the private course isn't reasonably close, you probably won't use it as much as you think you will. Commuting in Tampa can be a nightmare.
Is Tampa Palms a good club?
Area is great with top-rated schools (we have 2 kids in elementary school). Happy to give you more info or host you for a round if you come down here to check it out. PM me if interested. Couldn't give a higher recommendation of Tampa Palms.