Annual Maintenance Fees???

[Duchie]

I know this has been posted on here about a bazillion times, but I've tried searching under everything I can think of but can't seem to find it.

Anyway, I'm looking for the per-point maintenance fees for each of the resorts. Would some kind DISer out there please point me to the thread that has the info? Or threads, if the info for AKV is in a different place.

Thanks muchly!

 

[mprewitt]

AKV = $4.62
SSR = $4.12
BCV = $4.63
BWV = $4.85
VWL = $4.73
OKW = $4.40
HH = $4.98
VB = $5.63

 

[RobDoc]

Here is the history of DVC annual fees at all of the resorts:

Year OKW BWV VB VB(sub) HH VWL BCV SSR AKV

2007 4.40 4.85 5.63 4.39 4.98 4.73 4.63 4.12 4.62
2006 4.24 4.69 5.27 4.12 4.34 4.61 4.48 3.98
2005 3.86 4.41 4.87 3.84 3.86 4.35 4.27 3.83
2004 3.68 4.25 4.67 3.67 3.70 4.22 4.18 3.80
2003 3.49 4.11 4.37 4.37 3.69 4.05 3.97
2002 3.22 3.92 4.17 3.33 3.49 3.80 3.77
2001 3.13 3.83 3.98 2.70 3.32 3.63
2000 3.16 3.94 4.07 2.87 3.25 3.62
1999 3.16 4.02 3.99 2.82 3.18
1998 3.17 3.94 ---- 2.76 3.20
1997 3.14 3.84 ---- 2.90 3.16
1996 2.99 3.70 ---- 2.82 3.16
1995 2.84
1994 2.70
1993 2.63
1992 2.56
1991 2.51

 

[javamom]

Not trying to hijack that thread, but does anyone have a theory (or factoid) as to why BWV MFs are higher than at BCV, I would think that SAB would be a spendy thing to maintain?

Dontcha just love the DIS alphabet soup???

 

[Duchie]

Thanks for the info! Doc, what's the difference between VB and VB (Sub)??

Steph, I've often wondered myself why certain resorts are higher, so I'm open to any info anyone else has.

 

[bwvBound]

Thanks for the info! Doc, what's the difference between VB and VB (Sub)??

See related threads:

• What are the price of dues?, see post #8
• DVC fees, see post #5
• DVC Dues History (Est.) with Annual Increase Figures, see posts starting #5
• How much are dues per point at Vero, see post #6

 

[dianeschlicht]

Not trying to hijack that thread, but does anyone have a theory (or factoid) as to why BWV MFs are higher than at BCV, I would think that SAB would be a spendy thing to maintain?

Dontcha just love the DIS alphabet soup???

I'm sure it probably has something to do with resort size and the fact that there is far less Disney resort hotel at BW than at BC. BWV is mostly a DVC resort while BCV is an "add-on" to the Beach Club resort.

 

[RobDoc]

When VB opened the resort was planned to be much larger and those early buyers were given a subsidy by DVD (Disney Vacation Development). When DVD later decided NOT to expand the resort, the subsidy was not offered to later buyers and that difference is reflected in the dues.

The shared expenses for BCV (Friendship boats, Buses, SAB) are split with two much larger resorts - BC and YC and BCV is a small component. BWV is a much larger resort and shares it's expenses with a similarly sized resort - BWI. There is a small economy of size in the dues as a result.

 

[wildernessDad]

Interesting. Does anyone have an explanation as to why VWL's dues is so high?

 

[RobDoc]

I guess I don't see VWL dues as being high - but again, it is a small resort and shares many expenses with WL - but WL is not as large as BC/YC so VWL shuold have a slightly higher percentage of those costs than BCV.

 

[Anthony1971]

Would be interesting to know how Disney figures all of this out as far as crunching the numbers. For example the Friendship boats service the Swan and Dolphin as well. The BW itself although considered part of the resort also has ESPN. Anyone have a calculator handy

 

[dianeschlicht]

Just be glad there is a resort to help out! Those of us at OKW and SSR have the whole thing to handle. SSR is low right now because it is new, but in a few years, I suspect it will creep up there too.

 

[BernardandMissBianca]

when are the first fees due? Right after you buy, or on your anniversary date, or a specific month every year like taxes are?

 

[salmoneous]

The shared expenses for BCV (Friendship boats, Buses, SAB) are split with two much larger resorts - BC and YC and BCV is a small component. BWV is a much larger resort and shares it's expenses with a similarly sized resort - BWI. There is a small economy of size in the dues as a result.

Doc,

Do we know this, or are you speculating? Do we have an exact accounting of how the shared expenses are allocated to each resort, and how that gets translated into per-point costs?

EDIT - reading this, I'm worried I sound argumentative. Don't mean to me - I'm just curious.

 

[Anthony1971]

Just be glad there is a resort to help out! Those of us at OKW and SSR have the whole thing to handle. SSR is low right now because it is new, but in a few years, I suspect it will creep up there too.

HHHHMMMMMM I was suprised when OKW passed SSR I would suspect maintenance plays a big role. Maybe those expnasive grounds with multiple buildings will end up costing more to upkeep then long hallways
However is this true then if CRV comes to be it may eventually have the lowest MF being it is going to have ? floors under one roof and a fairly small footprint compared to the rest.
Therefor they should pay for a Monorail expansion to DTD
OKW and SSR could have a free ride

 

[chalee94]

when are the first fees due? Right after you buy, or on your anniversary date, or a specific month every year like taxes are?

the fees are reset (almost always an increase) every january. if you buy a resale, you will probably pay in a lump sum then or set up a monthly payment plan.

i think if you buy direct from DVC in mid-year, they prorate the fees and charge you the prorated portion for the current year up front or set up monthly payments immediately...but i bought a resale in december, so i'm not 100% sure.

 

[BernardandMissBianca]

the fees are reset (almost always an increase) every january. if you buy a resale, you will probably pay in a lump sum then or set up a monthly payment plan.

i think if you buy direct from DVC in mid-year, they prorate the fees and charge you the prorated portion for the current year up front or set up monthly payments immediately...but i bought a resale in december, so i'm not 100% sure.

we are looking at buying direct from Disney for AKV and it will probably be in Dec or January anyway. Thanks for the info, I'm trying to get all my ducks in a row before we get there. There is so much to learn!

 

[toyboy]

I tried finding this answer, but didn't know where to look -- in the contract is there a limit to how much they can increase your % each year?

 

[tjkraz]

The shared expenses for BCV (Friendship boats, Buses, SAB) are split with two much larger resorts - BC and YC and BCV is a small component. BWV is a much larger resort and shares it's expenses with a similarly sized resort - BWI. There is a small economy of size in the dues as a result.

Additionally, about 20-25% of the rooms at BWV fall into a lower-point "Standard View" category. A lower point structure means that there are fewer points in circulation for each of those units. Fewer points means each point pays a larger share of the burden.

Not having access to the full budgets for each, there may be big differences in the property tax assessments, too.

Finally, there is a capital reserves fund maintained at each resort for major upgrades and repairs down the road. BWV now 11 years old vs. 5 for BCV, so BW owners may be paying a greater share into the capital reserves. The capital reserves needs will also vary by resort due to things like different construction and roofing materials.

 

[RobDoc]

Good points, Tim. There are certainly many variants in the budget for each resort which will affect the annual fees. To compare these fees in a given year doesn't provide a true answer to the "Why are the dues at XXX higher/lower than at YYY" question.

toyboy - there is a 15% cap on dues increases - not counting proprty taxes. In order to raise the operating expenses more than 15% approval of the owners is needed. No resort has ever had that happen either.