I was a wee bit in shock to see that the Royal York Golf Course announced it is closing its fairways after the 2019 season.
As a person who works in the new home sales for a builder, I can just imagine how the homeowners in the Royal York Estates must feel.
I would think that when they bought their land they had intended on playing golf, as most people do who purchase property on a golf course. And now only to find out they will no longer be able to play golf after next season must be quite the letdown.
Properties on a golf course, in general, are worth more than other homes in the neighbourhood.
I am hoping that an investor will buy the Royal York Golf course and get it back running a profit. This being said I do not play the game but know plenty of people who do and to all those homeowners in the RY Estates, please keep your fingers crossed for a buyer so that your properties will keep their value.