3/3/2014 11:14:05 AM
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Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879364
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It is best to let the residents decide by referendum. For many, it is not worth the millions we are pouring into it.
Al, You can easily guess the direction of my sentiments. I have seen no data to support the idea that any of the amenities adds to our home value versus a similar home in a well kept development, or home in the county in a similar setting, without amenities in this area. Of course the home in the country, surrounded by open space has the added advantage of avoiding the costs of mounting losses and financial burdens, such as a golf course in decline. BUT, in neither a country setting, or adjacent to a golf course, is there any guarantee that surroundings won't someday be changing. Many Many golf courses have been going out of business throughout the country, thus changing the suroundings for adjacent homeowners. And you can often hear of examples where land in country settings is being developed. The golf course on Beauchamp Rd is now out of business, so who knows what's going in there. The point is there are no guarantees that suroundings won't ever change. Tom |
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For reference, the above message is a reply to a message where: Carol; Purchasing a classic car is an investment with the idea it will increase in value. Your common family vehicle is usually not a classic. A building depreciates in value while the land it is built on usually, but not always, increases in value. I think there are many views on the Golf Course issue. It is best to let the residents decide by referendum. For many, it is not worth the millions we are pouring into it. I have seen no data to support the idea that any of the amenities adds to our home value versus a similar home in a well kept development, or home in the county in a similar setting, without amenities in this area. I still say you can have any amenity you want as long as the users of that amenity pay the costs of operations and maintenance. |
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12/21/2024 - 9:00 A.M. |
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1/25/2025 - 9: A.M. |
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2/22/2025 - 9:00 A.M. |
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