Article Critique on "Critique the Impact of a Golf Course on Residential Property Values"

Article Critique 5 pages (1529 words) Sources: 1

[EXCERPT] . . . .

Golf Course on Residential Property Values

The following pages focus on analyzing an article on the impact of golf course on the prices of residential properties. The analysis begins by summarizing the article that is analyzed, its most important issues, and the points-of-view presented in the article. The critical analysis presents the analysis of the article, its importance, but also its strengths and weaknesses. The analysis of implications presents the impact of the article of sport management addressed by the paper.

The prices of residential properties represent an issue of great importance to individuals that want to purchase them, those that ant to sell them, but also to real estate agencies that intermediate such actions. There are several factors that influence the values of residential properties. The location of these properties is the most important factor that determines their value. The article "The Impact of a Golf Course on Residential Property Values" was written by Sarah Nicholls and John Crompton and was published in the Journal of Sport Management.

The targeted public of the article is represented by several categories of readers. The article presents great importance to individuals interested in purchasing a residential property, but also to those that want to sell such a property and are interested in establishing the price of their property in accordance with market trends. The article is also useful to real estate agencies that require the information it provides in order to establish their strategy (Nicholls & Crompton, 2007). In addition to this, individuals involved in sports activities, like golf in this case, should read this article because it provides useful information on the relationship between golf courses and the prices of residential properties.

The article provides a description of the real estate market in the U.S. This is important in understanding market trends and how they influence prices and purchasing behavior on this market. In addition to this, the writers address the golf industry and its evolution in order to be able to determine its influence on residential properties. The article also analyzes the characteristics that successful golf courses must have in order to determine increased prices in accordance with their location.

The article also provides an important study intended to identify the influence of golf courses on neighboring properties in accordance with their adjacency and access to the club's facilities. The area of the study is represented by Pebble Creek, Texas. In order to provide important results, the article's writers have focused on hedonic analysis. The article presents the methodology of the study.

The results of the study are also presented and analyzed in accordance with several variables that are considered to have an important impact on the prices of residential properties near golf courses. The discussion of these results provides important opinions that can be used by officials, developers, and companies involved in the sports industry in order to improve the performance of sport management. Therefore, it is important to compare the results on this study to similar studies in other U.S. cities.

The article and the study it presents reflect the fact that residential properties located near golf courses are characterized by significantly increased prices in comparison with residential properties that are not located near golf courses. In addition to this, the value of such properties is increasing. The writers also present the factors that determine this situation.

The importance of this article relies on the fact that the impact of golf facilities on surrounding property values is n issue that has not received great attention from sports management literature, although it presents important influence in this field. It is important that the writers of the article address this issue because it can help sport management companies to improve the success of their investments.

The issues revealed by the authors of this article represent an important and useful point-of-view that should be addressed by other studies in other U.S. cities also. When analyzing this article it is important to also focus on the strengths and weaknesses of the work. The strong points of the article are represented by the detailed analysis if the real estate industry in comparison with the influence of golf courses, the presentation of detailed information, and the results discussion that is easy to understand by individuals that are not specialized in this type of research.

The detailed analysis presented in this article is not limited to establishing the relationship between golf courses and the prices of surrounding residential properties. The study also focuses on other factors of influence on real estate prices. This is intended to help readers understand the influence of golf courses in such cases, and to determine how they can better manage their real estate purchasing, selling, or developing process.

The presentation of detailed information is another strong point of the article. Therefore, the methodology of the research study it presents can be addressed by specialists in the field in their attempt to develop useful research studies. Certain categories of readers that are not educated in the field of research can find this analysis too detailed, but the tables present easy to understand information.

The same situation applies to the results of the study and their discussion. The writers of the article understand that not all the readers interested in this article can understand the tables and information they present. Therefore, the writing style of the article is adapted in order to be easy to understand by these readers. The results discussion presents important points-of-view that can be used by the targeted public.

The weaknesses of this article are represented by the fact that the study presented by the article refers to a small area, and by the fact that the information in the period in which the study was developed cannot be applied in the current market conditions. The study presents detailed information about the influence of golf courses on surrounding properties in the real estate market in Pebble Creek, Texas. But this information cannot be attributed to the entire territory of the U.S. This is because the real estate industry in different U.S. cities is influenced by different factors.

Therefore, it is difficult to apply to results of the study of the Pebble Creek market to the markets in other cities in the country. This is because, although they present great importance, golf courses represent one of the numerous factors that influence real estate prices. The importance of these factors is different in these markets.

The study presented in this article was developed during the successful period of the real estate industry in the U.S. But the economic and financial crisis has significantly influenced this industry. Therefore, it seems that the results of the study are not likely to apply t the current real estate industry. This means that the results of the study should be considered important to developing an opinion on the factors of influence on the real estate industry.

The truth and validity of the work can be established by other similar studies on the real estate industry in Pebble Creek, Texas. Therefore, it is difficult to reach this objective. However, the truth of the article is revealed by the integrity of the writers and of their organizations. The writing style is easy to understand, which helps the article reach a large public that can be interested in the issues presented in the article.

There are several implications of this article on sport management. The article presents important issues, like the influence of golf courses on the prices of surrounding residential properties. Although this is an important issue, the sport management literature has not paid great attention to it. Therefore, it is important that the article addresses this issue with a research study, important findings, and their discussion. In addition to this, the study presented… READ MORE

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