Same, if they weren't restricted and the dues were more reasonable, we would have added on there.
I second that, I am currently in a buying position. I am looking to get another 500 points in the next 18 months, I will not consider RIV even remotely. No way, no how with restrictions. BCV and BWV way better deals. Contract Restrictions acceptance mean you are patient or very happy with the resort. I am definitely headed to RIV for a visit in August, my first time at RIV. It would need to be the best hotel I have ever seen to consider resale buy.
I agree, I would happily use my points there going forward. I had a nice beginning to cash vacation in 2019 that started in a cabin. IMHO the dues are high because they are paying excise tax not property tax. Excise tax diminishes over time the exact opposite of property tax.
I am not quite this pessimistic on DVC (I purchased several hundred points in the past 18 months)— but I think that it is at least a yellow flag if Disney keeps building giant new towers (or sprawling hotel resorts) without investing in additional park and especially ride capacity…which is why I’m generally against buying anything with the expectation it will have significant resale value. I personally would be happy to take a huge hit to resale prices if it meant that parks were half as crowded…unfortunately, over the past 2 years, we’ve seen a big slide without a real reduction in crowds in the parks.
Unless they decide to build the Yacht Club tower at crescent lake in the meantime. A lot can happen in 15 years.
They'd never be full year round - not everybody is as flexible with their vacation time. But I would not worry too much about building activity. There is a lot more coast to build other timeshares than Disney could ever build. And it looks like we might be seeing some major park investment in the not so distant future.
Yowza - 350 points will probably put you in the top 5 point holders for that resort!
Can you explain how that works with the deposit/wait til end of month? Is the grace period more than 10 days in some scenarios?
Funny enough, the restrictions at CFW are actually having the opposite effect with us of what DVD probably intends. For us, it's pushing us to wait until some of these come on resale. Because we'd only use these there, it makes no sense to pay full fare up front when I can probably get resale here MUCH cheaper down the line.
I would also add that if you have not had a chance to check out the SSR rooms since the renovation, they have been seriously upgraded, to the point where I would put them against any room on property.
I think there are two reasons for this. One it is good to have a fallback option as a worst case scenario if life changes force one to sell and RIV doesnt have as much of a market as others. I think the second is there are plenty of people who like to move in and out of contracts while maintaining disney membership. The restrictions again I think make this a little harder to do.
I’m not sure if this was directed at me, but I’m supportive on 2042 contracts for people who assume the value is $20 or less in 2040– low dues and low point charts make some of them very compelling. I would be equally supportive of someone buying RIV or VDH if the numbers work for them on the assumption the value is $20 or less in 2040– I think they will probably be worth more than that, but given that Disney keeps devaluing resale, I worry when people thing a RIV contract will hold its value you like the original resorts (or frankly, even a VGF/PVB contract once the majority of new properties are restricted).
