| FTBL Love Your College Team? Buy a ‘Game-Day House’Diehard fans are purchasing second homes in unlikely vacation spots like Lawrence, Kan., and East Lansi

Max

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The couple, who live in Wichita, about 170 miles southwest of Lawrence, spent more than $400,000 to buy and remodel the three-bedroom house in 2012. “It’s tastefully done but it still has KU colors—with a red door and blue shutters,” she said.

Alumni boosters like the Murfins are putting a new twist on the hunt for off-campus housing, purchasing getaway homes in seemingly unlikely spots: Lubbock, Texas; Spokane, Wash.; East Lansing, Mich.—or wherever there is a big university with a top-ranked team and rabid alumni.

“Just in the last five or six years, we’ve seen people buying places that, except for game times, are vacant,” said Martha Bashore, a real-estate agent in East Lansing, home to Michigan State University. The Spartans are a dominant force in the NCAA—the basketball team has appeared in the Final Four nine times, bringing home two championships.

“Spartan spirit is just savage,” Ms. Bashore said. “I’m working with a couple from Arizona—they want to come to as many games as they can. They are just waiting for a two-bedroom condominium to pop up in this particular building, and they’ll buy it, sight unseen.”

The benefits of a game-day house go beyond basketball season, alumni say, citing university towns’ vibrant lifestyle.

“It’s like being in college without the pressure,” said Ms. Murfin, who painted the opening words of KU’s alma mater—Far above the golden valley…—over her front door.

Spotting an untapped market, developers have begun targeting well-heeled alumni. Splinter Creek, a new lakefront community with homes priced from $850,000 to $1.5 million outside Oxford, Miss., has pursued graduates of nearby University of Mississippi with full-page ads in its alumni magazine and launch parties timed to coincide with big home football games.

Dale and Cheryl Swinburn, who own a commercial farm in Tulia, Texas, considered buying a vacation home in New Mexico before deciding to build a brick townhouse in Lubbock—home to Texas Tech and its Red Raiders basketball team.

“We see all the home football games and all the basketball games—it’s a rarity that we miss one in Lubbock,” said Mr. Swinburn, class of 1965.

The Swinburns’ 2,500-square-foot house, which they built and furnished for about $400,000 in 2008, has a Red Raider room (scarlet walls, black leather couch) and an enviable location less than a mile from the stadium.

Mark Blaufuss, who graduated from Michigan State in 1990, has had season tickets for football and basketball for years, but struggled to nab hotel rooms in the college town.

"I knew the exact day the Marriott would open up a room for reservations for each football game,” said Mr. Blaufuss, a mergers and acquisitions consultant.

Although he lives about 75 miles away in Plymouth, Mich., he says he prefers not to drive home after games.

“There could be inclement weather,” he said. “Beer—that adds another layer to it.”

So in 2016, Mr. Blaufuss and his friend and fellow alum, Mike McNamara, who lives about 90 miles away in Rochester Hills, bought a two-bedroom condominium for $230,000; many of the previous owner’s Spartan-themed furnishings, including logo-embossed leather bar stools, were thrown in with the purchase. They decorated their man cave in Michigan State colors—green and white—with a pair of 55-inch television screens, a Kegerator and a patio barbecue for pre-tailgate parties.

Kris Snow, president of Cisco Capital at Cisco Systems, who lives in the San Francisco Bay area, didn’t attend a single game when she was a student at Gonzaga University’s School of Engineering.

“I was studying all the time,” said Ms. Snow, who is on Gonzaga’s board of trustees and whose daughter is currently enrolled as a junior. “Now, I’m a major NCAA basketball fan.”

Last April—just days after Gonzaga’s men’s basketball team lost the national championship game to the University of North Carolina—Ms. Snow and her husband closed on a 1926 Tudor with three bedrooms in Spokane for $520,000, which they are gut-remodeling.

“The homes on both sides of us have Zag families,” she said, using the nickname for Gonzaga grads. “When we go back to Spokane, we feel so welcomed in by the Gonzaga family.”

The renovation will be completed next fall; the bigger challenge is finding a seat in the Kennel—Gonzaga’s basketball stadium—to watch her beloved Bulldogs play. There is a long wait list for season tickets.

“We beg, we borrow,” Ms. Snow said. “Even for those who are as committed as we are, tickets are hard to find.”

Love Your College Team? Buy a ‘Game-Day House’
 
I was amazed when we were looking for a home in Tuscaloosa back in 2011 at the amount of money people put into Gameday Condos in town. $300-400,000 is a drop in the bucket for these condos and she said folks buy them every day throughout the year gearing up for the Fall. Hope I'm in a place one day to have something like this. Got the tickets, now need to work on the place. I'm happy with my old neighbor allowing my family to stay the night with her during the season in the meantime.
 
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