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Golf Courses Valuation Guide < Back
4.2 Information from Owner/Manager
     
 

To compare properties, properly classify each golf course, and develop appropriate market values, it is necessary to obtain pertinent physical and descriptive information about each golf course, as follows:

  • average green fees,
  • number of rounds per year,
  • development costs,
  • building plans and drawings,
  • income and expense statements over a period of years,
  • budgets and financial forecasts,
  • name of course designer,
  • length of playing season, and
  • the course’s main competitors.

The information obtained from an owner or manager by one of the “Request for Information Forms” should be confirmed through an interview with the course manager or owner, either over the telephone or at the time of inspection.  The information collected should be entered on Figure 1, Form GC1 Golf Course Data Entry, or similar in-house form.