Aug 08, 2018 · Overall, the fees for a country club are going to be all over the place. Some can as little as $500 to join, while your premium country clubs can demand $500,000 or even more. The average price, however, will normally be in the $500 to $20,000 range to just join.
What is the most expensive country club to join? According to Golf Industry Central, the most expensive club is Liberty National in New Jersey. The club has unreal amenities including yacht services, heliport, and a world-class spa. It did also cost a whopping $160 million dollars to create so the membership isn’t cheap.
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- How Much Does A Membership Cost?
- What You Get with Your Membership
- You Might Be Paying This Already
- How Do I Pick The Right Club?
- The Bottom Line
Let’s address the elephant in the room right away. The cost varies widely. For some clubs, if you have to ask, then you can’t afford it—but those are also the same clubs that might not let you in even if you have the money. They might be looking for some notable accomplishment in the sport or some degree of celebrity status, such as being a public figure. For most clubs, however, that’s not the case, although they’re still going to take a bite out of your wallet. According to the website, TheGolfMembershipSpot, the average annual dues for private clubs are between $3,000 to $10,000 for private clubs, and that doesn't account for one-time initiation fees that could run as high as $100,000.1
Price doesn’t tell the whole story; you have to look at value. Within that monthly fee, you’re probably paying $50 to $100 per month for food and beverages. It’s a use-it-or-lose-it fee, so you might as well take the family over for dinner if you’re not using it on the course. You might be paying locker fees, hole-in-one-insurance fees, and tournament fees. There are also assessments for club renovations and other capital expenses, as well as an initiation fee.
You should plan to pay at least $200 monthly for the bottom-tier clubs. Before you succumb to extreme sticker shock, though, keep in mind that depending on how much you play, you could be putting more money into daily-fee courses than you think. A round of golf on a middle-of-the-road course is around $80. If you play 25 rounds per year, that’s $2,000, without any of the perks that come with a club membership.
Let’s assume that you’re sold on joining a club. How do you know where to go and which ones fit what you’re looking for? First, are you looking for a golf club or a country club? A golf club focuses more on the playing experience: the quality of the course, a full-featured pro shop and practice facility, etc. A country club may offer a great golf experience, but it’s designed as more of a family one. You’ll typically find a high-quality restaurant, a pool, social activities, and other things that make it a great family destination. In reality, most clubs are a mix of both, but will likely lean one way or the other. Next, are there various membership levels? What's called a social membership, for those who aren’t so interested in golf, will likely be cheaper. You might also find discounts for younger people and those who live out of state, as well as family and corporate membership rates. A one-size-fits-all fee structure only works if you’re a hardcore golfer. Another obvious approa...
If you’re joining for the golf, play the course a couple of times before joining. It would be a shame if you joined only to find that the course isn’t well maintained or isn’t challenging enough for you. You should also ask when the course was built, when the course was last renovated, and how many sets of tees it has, as well as determine the yardage, rating, and slope. Ask some of the same questions about the clubhouse and the practice facilities too. Click hereto download a list of good questions to ask. Few people can take a money-is-no-object approach to a golf club membership. There’s a wide range of prices and club levels from which to choose. Most important, be honest about how much you’ll use the club. Unless you’re playing a lot of golf, entertaining a lot of clients or have a lifestyle that allows the family to spend a lot of time using the club amenities, you might find it difficult to justify the cost. If you can swing it, however, then by all means, “Fore!” (For more,...
The cost of the many country clubs in the United States. See what you'd have to pay to join one.
May 12, 2014 · About 16% said they paid less than $10,000 in initiation fees for country club membership and only 15% say they spend less than $1,000 a month at the country club. "Rich people like to associate...
We check equity costs, mandatory or non mandatory requirements, annual dues, initiation fees, trail fees, and refunds on equity every six months. To learn more about each individual club, click on the individual country club link or feel free to call us at 561.500.3246. No matter what your decision, these clubs are all like adult camps.
Feb 03, 2016 · Initiation Fees: Nearly all private clubs have them; it is the initial cost to gain access to the club. Such fees will vary over time based on economic factors of the club (e.g. capacity rate, operating income, cash flow, etc.). You may pay a $5,000 initiation fee while five years later a new member may get in at a bargain for just $1,500.
Unlike the initiation fee, to keep your membership in good standing, annual dues must be paid to the country club on a regular basis. These typically range from a few hundred to a few thousand dollars a month, but there are, of course, outliers on both ends of the spectrum.
Aug 29, 2005 · The Boca Pointe Country Club in Boca Raton, Fla., is offering one-month trial memberships for $310 — no strings. And the Flossmoor Country Club in Flossmoor, Ill., cut fees nearly in half, from...
Bethesda Country Club is nice but again you belong there because you cant afford anything better. Country clubs are divided among economic status. You belong to Chevy Chase Club you have bragging rights. A VERY difficult membership process and most do not make it. They do not care about money or who you are. They want to know how you are connected.