DTE Golf • Feb 2023
“Golf communities that lose their course can see property values drop up to 50%. Active courses drive 15–30% premiums even for nearby non-golf neighborhoods. ”
Home Values
Home values
Restore confidence. Strengthen value.
Inverrary’s values have trailed the broader market while the golf course has remained closed and the community has carried persistent uncertainty. The New Inverrary Plan changes the narrative with visible, developer-funded improvements: a restored golf course, stronger safety infrastructure, and substantial reserve accounts to provide financial security to the entire community.
What’s holding Inverrary property values back
- The golf courses are closed, leaving visible blight and long-term uncertainty
- Safety is an ongoing concern throughout the Inverrary community
- Associations faced strained reserves, resulting in special assessments for owners and reduced property value for buyers and sellers
- No major reinvestment in the golf course or clubhouse for decades
- Bad regional PR harming community potential
- Deteriorating infrastructure and amenities, overgrown vegetation, and declining property appeal
Case studies
Experts agree: replace uncertainty with an executed plan.
John Burns Real Estate Consulting • Feb 2023
“Values fall during uncertainty but rebound sharply once a redevelopment plan is approved and funded. ”
Jordan Fuller • Retired golfer + publication owner
“When a course shuts down, buyers see risk. Restoring the amenity flips sentiment from ‘avoid’ to ‘invest.’ ”
Path forward
How the New Inverrary Plan lifts values
- A defined redevelopment agreement with Concord Wilshire and Pulte that funds improvements up front.
- A new Greg Norman Signature golf course and revitalized clubhouse/amenities to anchor the community.
- 800 new homes (priced around $500K–$1.5M) supporting direct funding for the associations and long-term stability.
- A Motorola safety investment that adds modern infrastructure and coordinated response capabilities.
- Parks, trails, and destination-quality green space that strengthens daily life and buyer demand.
- Predictable, ongoing revenue streams to support associations over time.
- Creating views of the open space, protected greens, parks, and integrated walking trails
- Lushly landscaped buffers, winding walking trails, family-friendly parks, tranquil lakes, beautifully designed common areas that the existing neighborhoods can enjoy, creating more visually pleasing views from above
- Enhancements encourage a healthier, more active lifestyle and stronger community connections, with streetscapes, professionally designed landscaping, and green spaces purposefully woven throughout
- Dynamic community amenity views