how much does it cost to build an 18 hole golf course?

The average cost of an 18-hole course varies according to quality, with a lower to mid-quality course costing, on average, between €2.2 million and €3.0 million, high-end €5.9 million, and a signature course €6.8 million.

Full Answer

How much does it cost to build a golf course?

Rounding off the build of the golf course is planting the grass seed and sods and the rough when a specific look and feel is required. Furthermore, the grass will provide the finished look of the course and determine the number of golfers the course attracts. This can range from $100,000 to well over $500,000.

How much does it cost to install a golf green?

The cost of greens can vary widely between $3/square foot and up to $60/square foot. The average-sized green on a professional tour is approximately 6,000 square feet. Links courses have larger greens than parkland courses, increasing the cost significantly. Depending on the size of the greens, these could cost between $300,000 and $900,000.

How much value does a golf course architect add to real estate?

Three-quarters of developments with a recognized golf course architect said having a named architect further increased premiums on their real estate sales, just under half saying this was worth more than 10%, although a third said it was below 5%.

How much do developers overspend on golf course construction?

• 61% of developers stick to their budget for golf course construction, but a third overspent, 10% by a significant amount.

Is owning a golf course profitable?

Profitable golf courses are generally selling for six to eight times EBITDA, while courses that aren't profitable tend to sell at 0.8 to 1.4 times revenue.

How much money does it take to build a golf course?

The median cost to build a golf course is $14 million, not including buying the land. The lowest-priced golf courses cost $7 million. Others cost as much as $25 million. Building greens is one of the most important tasks, and it can cost as much as $60 per square foot.

How much land does it take to build a golf course?

“This means an 18-hole course of all short par 3s could be built on as little as 30 acres, while an intermediate length or executive course of 18 holes of par 3s and 4s would require 75-100 acres, and a full size par 72 course would need 120-200 acres.

How much does it cost to build one hole on a golf course?

The cost per hole can vary from $50,000 to more than $175,000 for some upscale courses.

How many acres is an average golf course?

150 acresAt the individual level, an average 18-hole golf course covers 150 acres, approximately 100 (67 percent) of which is maintained turfgrass. This area is predominantly comprised of rough (51 acres) and fairways (30 acres).

What is the most expensive golf course ever built?

Drumpf National, Los Angeles The total spend for this club is a staggering $264 million which makes it the most expensive golf course ever built.

How much water do golf courses use?

In California, an average 18-hole golf course sprawls over 110 to 115 acres and conservatively uses almost 90 million gallons of water per year, enough to fill 136 Olympic-size swimming pools, said Mike Huck, a water management consultant who works with golf courses statewide.

How many acres do you need for a golf resort?

Based on a report from the Golf Course Superintendent Association of America, an 18-hole golf facility, which includes bodies of water, hard structures and out-of-play areas, averages about 150 to 200 acres. Typical urban golf courses are about 110 to 120 acres, while courses in resort areas may be 170 to 190 acres.

What is the world's largest golf course?

From the tips, Erin Hills -- the site of this year's U.S. Open -- spans over 7,800 yards.

How much does Jack Nicklaus charge for a golf course?

He wanted to be a part of the project so bad, Nicklaus waived his standard $3 million design fee and immediately went to work on transforming Grand Haven Golf Club to American Dunes Golf Club.

What goes into building a golf course?

The Cost of Building a Golf CourseConstruction ItemsMinimalist CourseUp-Scale CourseTopsoil Replacement40,000240,000Storm Drainage10,000500,000Golf Drainage20,000150,000Irrigation + Pumpstation130,000910,00017 more rows

How is a golf course designed?

Modern courses now tend to be designed with the front 9 and the back 9 positioned on separate loops beginning and ending at the clubhouse. This has been put into place to be more convenient to golfers if they choose to play just 9 holes, or wish to take a break in the club in between holes 1-9 and 10-18.

Golf Championships on SMGD courses

At Close House – Colt Course. Sept 2017. A prestigious European Tour Championship hosted by Lee Westwood.

The Cost of Building a Golf Course

It’s one of the most difficult questions to answer, but one of the most commonly asked, how much does it cost to build a golf course? The answer depends on a variety of factors; three of the most important being, what type of course the client wants, what type of land the course is to be built upon, and the competency of the golf course architect.