Despite what many may believe, only 15% of those who purchase homes in Golf Course Communities actually play golf. If it's not Golf, then why?
Most golf course communities offer a "Park Like" setting which is one of the major factors in choosing a place to live. Space and natural beauty attract home buyers. As a result, homes overlooking the golf course are traditionally more expensive because they are more desirable. Golf Course Communities normally offer more amenities than just golf. Pool, Tennis, Walking Trails and so forth, also attracts home buyers.
Traditionally, homes in Golf Course Communities hold their values better than homes in other communities. Those who look at a home purchase as a long term investment take into consideration the value of their investment. Even in a down market, Golf Course Community homes have more price stability and better appreciation over the long haul.
Of course there are many other factors. Maintenance of the common areas, entrances and the general appearance of the community also contribute to home values. Communities that become neighborhoods with social events that involve your neighbors are more desirable to home buyers than those that do not. Home buyers want to live in a "Neighborhood" more than a "Sub-division". Sense of community is another important factor in the home buyers' decision making process.