How Many Members is the Right Number? April 16, 2019 I am often intrigued by issues relating to the culture of a particular club. Among the issues impacted by club culture […] by Larry Hirsh
Augusta National – What’s it worth? – What is it? April 11, 2019 It’s Masters Week. Often referred to as a rite of spring, many in the colder climes consider Masters Week the […] by Larry Hirsh
Private Clubs – Impact on Value of Membership Refunds April 5, 2019 A few years ago, I was involved as an expert witness in a case where my client, an investor-owned private […] by Larry Hirsh
Possible Changes in Club & Golf Course Real Estate Taxation March 29, 2019 Historically, New York State has been among the few jurisdictions which taxed all golf courses and country clubs based on […] by Larry Hirsh
CLUBHOUSES – How much is the right amount? March 18, 2019 Recently, Golf Property Analysts was retained in an interesting case where a dispute arose about the need for and size […] by Larry Hirsh
What Makes a “Top 100” Golf Course? February 11, 2019 As a golf property appraiser & consultant, I often address the issue of how the quality of a golf course […] by Larry Hirsh
GIS – 2019 Typically, when I visit the Golf Industry Show (GIS), in addition to renewing old acquaintances and making new ones I […] by Larry Hirsh
Does Golf Have a Social Obligation? January 27, 2019 I had planned to write in this space about my recent visit to the PGA Merchandise Show in Orlando. It […] by Larry Hirsh
Managing Golf & Country Club Real Estate Taxes January 17, 2019 How does one determine if a real estate tax assessment appeal is warranted? There are typically four elements that make […] by Larry Hirsh
How HOA’s Take Control of Their Clubs As I wrote last July, Homeowners Associations (HOA’s) have a vested interest in the financial success of clubs and golf […] by Larry Hirsh
“Golf & Law” – An ABSOLUTE MUST READ! January 12, 2019 Renowned golf course architect Dr. Mike Hurdzan has authored an authoritative text EVERYONE in the golf industry should have AND […] by Larry Hirsh
Golf – The Game for a Lifetime December 26, 2018 It’s been said that golf is the game for a lifetime. Renowned teacher Harvey Penick wrote a book with the […] by Larry Hirsh
A Kinder, Gentler Golf? I have often written in this space about the culture of golf. To many, golf is perceived as a stuffy, […] by Larry Hirsh
Things I’m Thankful for this Thanksgiving November 20, 2018 As always, I’m thankful for my wonderful wife & family and their love. If I had nothing else they alone […] by Larry Hirsh
Is Your Golf Management Company Effective and How Do You Know? November 16, 2018 I’m often asked by clients about the benefits and effectiveness of golf course management companies. Those who’ve retained professional management […] by Larry Hirsh
Municipal Golf – Unfair Competition? November 12, 2018 For years, the debate has raged over whether municipal golf courses represent unfair, subsidized competition for privately owned, for-profit golf […] by Larry Hirsh
How Much Does Golf Cost? November 9, 2018 When most people think about how much it costs to play golf, they consider green fees, membership dues and other […] by Larry Hirsh
Mid-Atlantic Private Clubs – How’s Your Club Doing? October 25, 2018 Among the things we track at GPA are trends in the golf course industry. I decided to look through our […] by Larry Hirsh
Local Politics and Golf Course Longevity October 16, 2018 The concept of Highest and Best Use is fundamental to real estate. Highest and best use is defined by the […] by Larry Hirsh
Golf Course Sales – What do they Tell Us? October 10, 2018 Golf course appraisers are often asked the question, “so, what are golf courses selling for these days?”. There are all […] by Larry Hirsh
The Golf Course of the Future October 5, 2018 As I mentioned last month, one of the more interesting presentations I attended at the recent Golf, Inc. conference in […] by Larry Hirsh
Golf, Inc. 2018 – What did I Learn? September 24, 2018 Last week, I was privileged to attend and participate in two presentations at the Golf, Inc. conference in San Diego. […] by Larry Hirsh
How To Prepare for Your Golf Property to be Appraised September 14, 2018 So, you need to have your club appraised. It might be for financing, real estate tax assessment, sale, purchase or […] by Larry Hirsh
Why do Golf Courses Close and What Happens then? September 12, 2018 I’ve always been intrigued by golf course and club closures. According to the National Golf Foundation, nearly 1,200 courses have […] by Larry Hirsh
Who’s the Buyer? August 28, 2018 In the worlds of golf property appraisal and brokerage our actions typically center on one fundamental question: Who’s the buyer? […] by Larry Hirsh
Observations from a Golf Trip to Scotland Last week, I made my 4th visit to Scotland for another great golf adventure with three of my favorite golf […] by Larry Hirsh
Playing Conditions and Maintenance Budgets – What’s the Right Mix? August 27, 2018 As part of an appraisal assignment, last week I had the opportunity to play at a private club in the […] by Larry Hirsh
HOA’s and their golf courses July 16, 2018 Many residential communities have homeowners associations (HOA’s) or property owners associations (POA’s) which govern architectural standards, common area maintenance and […] by Larry Hirsh
New England Golf – A Unique Culture July 12, 2018 Last week, over the Independence Day Holiday, we had occasion to visit New England and spend time with our new […] by Larry Hirsh
Are Country Clubs Fading Away? July 3, 2018 A recent article by Kelsey Lawrence sent to me by a friend (Why Won’t Millennials Join Country Clubs?) raises a […] by Larry Hirsh
Appraisal Standards as applied to Golf Properties June 25, 2018 The Uniform Standards of Professional Appraisal Practice (USPAP) is basically the rule book for the valuation of real estate. Developed […] by Larry Hirsh
Drones & Private Property May 30, 2018 Shortly after publishing our piece on Drones in our June newsletter, combined with the piece on Club Mission, a reader […] by Larry Hirsh
Drones and Golf Courses May 24, 2018 As a longtime aviator, the view from above has always intrigued me. Early in my career and for may years […] by Larry Hirsh
The Private Club’s Mission – Have We Lost Sight? May 8, 2018 People have a variety of reasons for joining a private golf or country club. Usually, the primary reasons revolve around […] by Larry Hirsh
Your Club’s Zoning – Not Something Given Much Attention? May 3, 2018 Most communities have a zoning ordinance. This is basically the guidelines and restrictions for how properties in various locations and […] by Larry Hirsh
Virginia – Update on Arlington County May 2, 2018 In our most recent newsletter, we shared with you an update on the Virginia case where golf and country clubs […] by Larry Hirsh
So, It’s Time to Sell Your Golf Course or Club – Or is it? You’ve owned the property for many years, you’re getting older or you’re a membership that simply can’t operate the club […] by Larry Hirsh
Can Golf Turn a Lemon into Lemonade? April 28, 2018 In some very disappointing news, a golf course in York, PA expelled 5 women from the premises as described in […] by Larry Hirsh
Golf Property Tax Assessments and Personal Property April 25, 2018 An interesting issue arose in a recent tax assessment case where Golf Property Analysts provided appraisal services to the owner […] by Larry Hirsh
Augusta National Takes a Big (and positive) Step April 4, 2018 As many of you may have heard by now, new Augusta National Chairman Fred Ridley announced today the establishment of […] by Larry Hirsh
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