What is the upside to owning at VB? IMO, If any DVC property is going to be worthless, it's going to be VB. The low chart just pounds owners with dues, because you proportionately own so much of a resort with so much risk on the coast. It's not like dues are getting cheaper, or you'll get a bunch of cash if they sell or something.
I never said they’re good as SAP lol. And I agree VB will be the first to be worthless as I’ve said many times on here before. It’s really only maybe somewhat worth it if you want to stay there, but even then as I alluded to in my comment, the risk is far greater than the upside and you’re better off owning any other WDW property and trying at 7 months. The comments about rental value were to prove that VB is not valuable as rental points or SAP because even if you did rent them DVCRM would cap what you get to 18 dollars per point which I’m pretty sure they don’t even offer for VB/HHI and then take away taxes and you’re basically just getting your maintenance fees back. In another year or two if you rent out your points you’re taking a loss.There’s pretty decent availability at 7 months most months of the year. I’ve said for awhile on here I wouldn’t take a VB contract even if it were free but lol thanks anyways @RoseGold
Does anyone here know if other seaside resorts (outside of DVC) are facing the same problem? I wonder if dues on this level are an unavoidable consequence of seafront properties. If these are the unavoidable costs of maintaining a seaside resort, shouldn't we either see the rack rates of all hotels in these locations increase strongly over time or hotels going out of business (if no one is willing to pay a rate that covers cost, any business will have to close sooner or later).
It’s all over the place. Some age without huge assessments. Some have gone poorly.
Would be interesting to see compared to other resorts in the area of VB &/or HH.
I had owned a property in Ocean City Maryland and can tell you that just the salt air and wind blown sand caused wear and tear that added a high cost to maintain the property let alone the ever increasing costs for hurricane insurance.
I was browsing a resale site recently and saw a (lone, but still) $45/pt Listing for VB. Several more in the $50s.
I’m still reading through the responses to this thread, but having purchased BWV in the late 90s for $65 /point I certainly couldn’t have imagined then the current pricing and the value it has held. We’ve had 25 years of amazing DVC membership, with just under 20 more to go. Resale wasn’t really a “thing” back then, so I’ve always accepted that it would just run out in 2042, when I will have just turned 80, which seemed like good timing
and the vibe of the Crescent Lake area just can’t be beat.
Well said. I could’ve written this but you’ve said it better!I’m still reading through the responses to this thread, but having purchased BWV in the late 90s for $65 /point I certainly couldn’t have imagined then the current pricing and the value it has held. We’ve had 25 years of amazing DVC membership, with just under 20 more to go. Resale wasn’t really a “thing” back then, so I’ve always accepted that it would just run out in 2042, when I will have just turned 80, which seemed like good timing
While I’ve recently thought of reselling before then given the current prices, I’ve decided I’m just going roll the dice and enjoy our Boardwalk stays for as long as we can! Though we also now own at VGF, there is simply no better DVC resort in our minds than BWV. Being able to walk to two parks (or scooter when I'm older
Long live BWV
Well said. I could’ve written this but you’ve said it better!
We‘ve had ours since 2008 & paid more ($81/pt), so only 15 yrs but feel the exact way as you.
Have VGF too, but love our BWV for EPCOT.
Thought of selling also…but no…so glad we didn’t..keeping til the end even if my grandkids have to push us around
