Is your golf membership an asset or a liability?

For sellers in Dove Mountain, this is a critical question. We often see homeowners assume that their $50,000 initiation fee translates dollar-for-dollar into home value. The reality is more complex.

A transferable membership to The Gallery or The Golf Club at Dove Mountain can be a massive selling point for the "Remote Executive" buyer. However, failing to disclose the exact transfer fees or dues can kill a deal in escrow. Below is the current 2026 fee structure for our major clubs.

2026 Membership Fee Schedule

Note: These fees are subject to change by the clubs. Contact us for the most up-to-the-minute verification.

Does a Membership Increase Resale Value?

The answer is: It depends on the Transferability.

• The "Lifestyle" Asset: If you own a home in The Gallery, marketing the option to transfer a membership without the buyer sitting on a waitlist is a tangible asset. We value this at roughly 50% of the initiation fee in the home's list price.
• The "Mandatory" Liability: If your property requires the buyer to join the club (common in parts of Stone Canyon), this restricts your buyer pool. We must market aggressively to the "Golf-Specific" buyer and use our niche marketing channels.