Just Curious.. OKW for an entire year?

[dp1don]

It's late at night, and I'm not sure how this would work...

has anyone figured out how many points one would have to own in order to stay year round in a one bedroom or two bedroom unit at OKW?

I'm thinking about my retirement in 20 years...and wondered about starting to acquire the necessary points...

DGS

 

[dp1don]

I just decided to try the DVC-PC...and this is what it came up with:

One Bedroom - 10,324 points
Two Bedroom - 13,989 points...

In dollar costs (at $72/point):

One Bedroom: $743.328
Two Bedroom: $1,007,208

But wait, there's more!!!

Yearly Maintenance costs - at the current (2004) rate of $3.6841 per point):

One Bedroom: $38,034.65
Two Bedroom: $51,536.88

It's doable... but needing $51 K a year before food, medical, etc...could be a bit dicey.

Anyone up to try this experiment?

 

[djkeenan]

Bill, Bill Gates? Is that you?

 

[jaysue]

Of course as well, there are limitations on how many DVC points you can actually own - not sure what they are but they do exist

thanks
jaysue

 

[shortypots]

Just remember that he can bank points and borrow points so therefore he would only need to own 1/3 the points that you mentioned...

 

[Rence]

I believe that it is 2000 points max.

However if we got 7 different people with 2000 points each to link their reservations together, they could all share a 2 BR.

7 Strangers living together..... Hmmm sounds like an idea for an MTV series.

 

[CarolMN]

The max is 2000 per resort per person with a total max of 5000 DVC points per person. That means a couple could potentially own 10000 DVC points. If dp1don's calculations are correct, that is almost enough for a one bedroom for the entire year. Maybe one could "rent" the extra points - no DVC-imposed limitations n that!

 

[PamOKW]

DVC also has written into the contract that you cannot permanently live at a DVC resort or use it as your residence. So, that means we'll have to figure in enough movement between resorts (including HHI and Vero) to get around that issue.

 

[Nick@ VB+OKW]

Originally posted by Rence
I believe that it is 2000 points max.
However if we got 7 different people with 2000 points each to link their reservations together, they could all share a 2 BR.

7 Strangers living together..... Hmmm sounds like an idea for an MTV series.

Speaking of a lot of pts...............here is the latest "Top 20" of DVC posters that have disclosed their pts below.......

"Top 20" DVC posters"

1.Debbie H-"2000 pts"
2.Katzha-1660
3.Icy Dog- 1252
4.sanddune-1236
5.Poorman-1220
6.BEIRMUGG-1200
7.tworgs-1200
8.wdw1972-1150
9.Nanjo1-1135
10.PKK/MJK- 1110
11.Mastre Gracey-1100
12.DBBN-1075
13.Terry S- 1000
14.Laurabearz-1000
15.WalterS-1000
16.Jetman-910
17."trishy"-900
18.Dean-885
19.goofyforwdw-850
20.DVC Lady-844

 

[PamOKW]

Hey Nick, if you've got time to kill.....how many points to spend a year in the VB Beach Cottage?

 

[Nick@ VB+OKW]

Originally posted by PamOKW
Hey Nick, if you've got time to kill.....how many points to spend a year in the VB Beach Cottage?

Thanks to Caskbill's planner it only took 5 seconds to figure it out..........1 year in a Beach Cottage at VB would be 28,333 pts.

 

[Simba's Mom]

Actually, WDW gets kind of hot in the summer. How about staying for a few months in the winter? Lots of retirees do that where we live-they're called "Winter Texans". How about "Winter DVCers"? How many points for that? And that's not permanent.

 

[Nick@ VB+OKW]

Originally posted by Simba's Mom
How about staying for a few months in the winter? How about "Winter DVCers"? How many points for that? And that's not permanent.

For OKW for 3 months (Jan-Feb-March-avoiding Premier
time) .........using Caskbill's planner...

Studio-1261 pts
1BR-2522 pts
2BR-3421 pts
GV-5718 pts

The "DVC Top 20" can easily do this with banking and borrowing for the studio and 1BR.