Hughes & Company, Inc. specializes in the analysis of golf courses and golf or lake communities. Mr. Hughes has twenty five years experience in commercial real estate and business valuation.

He was hired by the International Association of Assessing Officers (IAAO) to write and teach a two day class on appraising golf courses for Ad Valorem tax purposes. The Power Point presentation was complete in 2009.

Mr. Hughes authored The Price is Right in the July, 1999 issue of Golf Course Management published by the Golf Course Superintendents Association of America.

He also principally authored Appraising Golf Courses for Ad Valorem Tax Purposes which was published in The Appraisal Journal in October, 1993. He has also contributed to a textbook published by the International Association of Assessing Officers regarding the valuation of special use properties.

The November 2006 Golf Course news extensively quoted Steve in an article titled "Up For Sale" regarding the golf brokerage market and what an owner should consider before listing a golf course.

Mr. Hughes has taught classes on golf course valuation and subdivision appraising. He has also given talks on new home development in Kansas City including being a panelist at the local Home Builders Annual Forecast Seminar.

The company is also experienced in conservation easements, tax increment financing and other complex and mixed use analysis.

Mr. Hughes has testified in litigation and bankruptcy trials and state level boards of tax appeal in Colorado, Kansas, Missouri, Texas, New York, and Michigan. We have completed golf course assignments in the following states:

color density state map with golf appraisals noted SRH.png

Mr. Hughes has built upon negotiating skills acquired through years of lease acquisitions and drilling deals in the oil business to provide golf course brokerage services. He has also developed and marketed a premier office park in Leawood, KS and is currently developing and marketing a high-end maintenance provided residential golf course community and desirable commercial land in Lenexa, KS.  Mr. Hughes is a director at NBKC Bank and is a licensed Real Estate Broker in Kansas.


  • Society of Golf Appraisers (SGA)
  • Appraisal Institute (MAI - Steve Hughes)
  • National Golf Course Owners Association
  • The Urban Alternative, Presidents Council
  • National Golf Foundation
  • Trinity International University, Board of Advisors