Golf Course

"A-List" Golf Architects Increase The Real Estate Value Of Golf Course Communities, According To The Robb Report


Myrtle Beach, SC July 28, 2004 -- Homes in communities that include golf courses by "A-List" designers with big-name recognition appreciate better than those in other golf communities, according to the July, 2004 issue of The Robb Report, an upscale national lifestyle magazine for business and industry leaders.

"The Golf Name Game," an article in The Robb Report Collection of Real Estate & Home Design focuses on a Golf Research Group report that evaluated the appreciation of homes in golf communities over the last five years. The research concluded "homes on a course designed by a big-name golf designer appreciate at a rate much higher that those on courses designed by lesser names."

According to Colin Hegarty, spokesman for the Group, their report found that "if buyers can afford to invest in a community that boasts a signature-designed golf course, [their home's market value is likely to increase, and increase at a rate much higher than other developments."

Centex Homes Myrtle Beach Division is building two Grand Strand communities that feature courses designed by some of the biggest names in golf.

At Barefoot Resort & Golf in North Myrtle Beach, S.C., Centex Homes is the primary developer of a community with courses by four A-List designers. The architects of Barefoot's four Signature courses are the legendary Pete Dye, PGA Tour star Davis Love III, World Golf Hall Of Famer Greg Norman, and Tom Fazio Golf Digest's honoree for "Best Modern Day Golf Course Architect" three times in a row.

Barefoot Resort has villas available in its exclusive EdgeWater community, a gated neighborhood built along the Intracoastal Waterway. EdgeWater offers four unique floor plans, with two- to four-bedroom options. Ownership at EdgeWater includes access to a private Resident's Club with swimming pool, cabana, clubhouse and fitness center.

Ironwood villas in Barefoot Resort are set along the Norman Course and feature two- and three- bedroom plans with golf course and lake views. Property owners have access to a recreational area nearby as well as a neighborhood pool and the resort's private Beach Cabana.

The Tanglewood neighborhood is also along the Norman Course. These "fairway townes" are built in the popular Craftsman-style design and are grouped in four to six units per building. Available with two- to three-bedroom floor plans, these homes offer 2 1/2 baths and a personal garage.

More information on Barefoot Resort & Golf is available by calling (843) 399-7913 or (888) 996-4100, or by going online at www.barefootliving.com.

In Murrells Inlet Centex Homes is developing a community around the beautiful Tom Fazio Tournament Players Club of Myrtle Beach course that twice played host to the season-ending championship of the Senior Tour (now Champions Tour). LinksBrook at Prince Creek offers two neighborhoods within the 2,400-acre golf community, The Colony and The Barony. Ranging from 1,398 to 2,715 square feet, the single-family homes at LinksBrook feature a wide variety of floor plans with three and four bedrooms, as well as one- and two-story options. Homes are woven among the area's cypress bays and pine forests.

More information about LinksBrook at Prince Creek is available by calling (843) 650-2310 or (877) 603-2467 or visiting www.LinksBrook.com.

About Centex Homes
Over the past 12 years, Centex Homes has become the largest and most respected homebuilder along the Grand Strand. Centex Homes' developments stretch from the northern end to the southern tip of the area, with current offerings at Barefoot Resort & Golf (North Myrtle Beach, S.C.), BelleGrove Preserve at Carolina Forest (Myrtle Beach, S.C.), Berkshire Forest at World Tour Golf Links (Myrtle Beach, S.C.), Camden Creek at Allston Plantation (Pawleys Island, S.C.), LinksBrook at Prince Creek (Murrells Inlet, S.C.), PineCrest at Palmetto Glen (Myrtle Beach, S.C.), Sandpiper Bay Golf and Country Club (Sunset Beach, N.C.), and Wellington (Myrtle Beach, S.C.).

Centex Homes is one of the nation's leading homebuilders, operating in approximately 90 markets in 25 states. The company is a subsidiary of Dallas-based Centex Corporation (NYSE: CTX), a Fortune 500 company. In December of 2003, Centex was named residential construction's "Most Admired Big Builder" by its homebuilding peers.

Media contact: Bridgette Johnson, 843.448.1123





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