Here are some numbers you might use as a rule of thumb.
Line Items
Low Average High
Mobilization 25,000 60,000 125,000
Clearing 75,000 125,000 400,000
Earthwork 225,000 865,000 2,500,000
Topsoil Stripping 60,000 150,000 500,000
Topsoil Replacement 90,000 200,000 750,000
Lake Development - 200,000 1,000,000
Const. Features 250,000 900,000 1,500,000
Irrigation System 450,000 600,000 1,000,000
Grass Development 200,000 400,000 700,000
Cart Paths 275,000 450,000 750,000
Basic Costs of Construction
1,650,000 3,950,000 5,600,000
Unit Items
Tree Planting - 75,000 2,000,000
Bunker Sand 45,000 75,000 100,000
Rock Pick Up and Removal
15,000 65,000 90,000
Subsur. Drainage 125,000 250,000 1,000,000
Sod 70,000 215,000 400,000
Landscaping 50,000 100,000 500,000
Unit Costs of Construction
305,000 780,000 4,090,000
Contingency 195,500 473,000 969,000
Total Golf Course Cost
2,150,500 5,203,000 10,659,000
In order to build a golf course in the lower price area, it is critical to have a perfect piece of propterty that does not require significant dirt movement. These numbers do not include architectural fees, preliminary costs for permitting and entitlements, legal, etc. And, these numbers do not include clubhouse or start-up costs for the operation including maintenance equipment.
Hope these columns match up, I pulled this from one of our budget presentations.