The Short Journey Home: How to Find
Your Golf Community Within a Year
You are not getting any younger and properties in the top golf communities in the Southeast are not getting any cheaper. Prices in most of the dozens of golf communities we follow were up between 5% and 10% on average in 2016. And with savings accounts and other conservative investments still yielding less than 2% annually, an investment in a top quality home in arguably the most popular region in the country could be especially timely.
Therefore, if you have been pointing toward relocating to a warm weather area featuring plenty of golf to go with the extra days of sunshine, especially during much of the winter, then what are you waiting for? Importantly, you will "pay" for your move with a lower cost of living, in some cases much lower. For example, couples used to spending, say, $100,000 annually on all their expenses -- real estate, food, transportation, entertainment, medical, everything -- could save as much as $40,000 and more every year just by moving to the lower cost states in the South. (If you spend less than $100K per year, just apply that 40% factor to your own annual budget.) Chances are you won't be buying a home that approaches in size the one in which you raised your children; you should be able to bank the difference between the price you fetch for your loaded-with-equity home up North and what you pay for your next home in the South.
If your personal situation and the current market conditions convince you that the time is nigh to make the move you have been planning casually for years, here is a general timeline that will get you to your new home, and country club, in a year from now or less.
Decide on Topography & Climate
Assuming you are a couple, my advice is not to start a search unless you decide together on whether your destination is near the ocean, by a lake (interior location) or in the mountains. If you are "open" to both mountains and ocean, for example, forget finding a home within a year (or, for that matter, ever). If one of you wants to live near the beach and one as far away from the beach as possible, you have a problem. The advice here, especially if only one of the two is a golfer, is for the golfer to relent on location. There are great golf courses everywhere in the Southeast but only great beaches along the coast (and only nice mountains five hours inland). Happy spouse, happy house.
Although winters tend to be mild once you get south of the Virginia/North Carolina border, there are significant differences between the climate in Chapel Hill, NC and, say, Sarasota, FL. For many northerners, January in Sarasota or any place in Florida is perfect, with golf playable at virtually any time of the day it is not raining. But July and August are an entirely different matter. If you can’t stand the heat, and you don’t plan to have a second home up north for the summer, stay out of Florida. On a similar note, if your plan is to play golf every week of the year, then the Carolina mountains may not be for you. A foot of snow spread over the winter months is not uncommon, for example, in the Asheville, NC, area, and although lingering snow cover there is unusual, temperatures typical of a Pennsylvania winter are not uncommon.
Time to decide on an area to live: Over a nice dinner, about two hours.
Create a Checklist
Once you have decided on a general location for your search, you need to have a checklist for two major reasons: 1) It will make your Internet search for appropriate golf communities more relevant and more focused; and 2) It will keep any disagreements about which golf communities you should visit to a minimum.
Your checklist should include such items as the amenities you must have (e.g. walking trails, fitness center, boating nearby) and a few that, in the case of a tie between communities, could tilt one of them in your direction. It is important that you reconcile in advance how far you need to be from such services as a hospital, commercial airport, supermarket, beach, quality restaurants, shopping center and other services. Of course, that checklist must include a price range for the home (or property) you intend to purchase, and a general idea of its size (number of rooms and square footage). Although I don’t recommend it as a make or break feature, it will be good to agree on the type of view you would like to enjoy from your golf community home. (In general, there is a premium of up to 20% in some communities for a golf course view, and 30% and more for a lake or river view; forget about commanding views of the ocean unless you have a couple of million dollars to spend).
Note: I offer a Golf Home Questionnaire that is essentially a checklist of the major items you will want to consider; click here for the questionnaire. Once you fill it out, we can arrange for a free, no-obligation discussion about which areas and specific communities match your requirements.
Time to create a checklist: Three hours or so, or 10 minutes if you use our Golf Home Questionnaire.
Terms of the Search
Your next activity is to conduct some research on the Internet – but not too much. If you visit the web sites of, say, 10 golf communities, each and every one will appear to be paradise, with the best golf courses, the friendliest neighbors, and the most comprehensive roster of amenities. And their homes will seem like a bargain too.
Better to ignore the hype and look for all the must have items on your checklist. If your requirements match what a particular community has to offer, keep it on the list of potentials for a visit. If it doesn’t, move on. Of course, this begs the question how best to search for those specific communities that match your parameters.
Since by this time you will have decided on some areas of the Southeast to focus on – mountains, lakes, coastal, one or two specific states – your search terms should reflect those choices. Say, for example, you are looking for a golf community within 15 minutes or so of an ocean beach but also near a city because you want access to a lot of services, access a map of the coast from Virginia Beach south through Florida and another for the Gulf Coast of Florida (assuming a home in Florida is in contention; if not, your search will be more straightforward). Below the Virginia/North Carolina border, there really aren’t that many cities on the coast until you get to Florida. They are Wilmington, NC; Charleston, SC; Savannah, GA; and Jacksonville, FL, which I include because it is just below the Georgia state line.
Time to decide on search terms: A minute or two if you have given thought to where to live.
Identifying the Right Real Estate Agent
When you find a golf community online that seems to match your criteria, you face perhaps one of the most important decisions of the entire process: Whom do you ask for additional information? You have three choices if the golf community has an on-site real estate office (many of the newer ones do, many of the older ones that have been turned over by the developer to the residents do not): 1) Contact the on-site real estate office for more information. If you do, you will be assigned to an agent in the office. Keep in mind that, in most cases, the on-site agency can only sell you a home in their community. If you decide to leverage your visit and tour other golf communities in the area, you will have to identify a local real estate brokerage. 2) Contact a reputable local real estate brokerage directly. This gives you the maximum flexibility in looking at golf communities in a particular market; and the agent you work with will not care where you purchase a home. But you will be “flying blind” in terms of the quality of the agency, unless you know someone locally who can recommend the brokerage. 3) Contact me. I have established a professional network of real estate professionals throughout the Southeast; some work in offices inside golf communities and others are golf real estate experts who work for local real estate agencies. In areas where I have not established a relationship yet, I would be pleased to interview local agents to find the best one for you.
Time to identify a real estate agent: Either a few hours of research online or a few minutes to contact This email address is being protected from spambots. You need JavaScript enabled to view it..
Next Time:
Setting Up The Visits, and Asking the Right Questions
Larry Gavrich
Founder & Editor
Home On The Course, LLC