Friendlyadvice2
A rug from the butt of a skunk...A Skunk-Butt Rug
- Joined
- Jun 19, 2014
- Messages
- 1,525
When I finally convince DH that we need to buy in, I have always planned SSR as the cost is low and the dues are low. However, if VWL stayed at a nice price point, I'd love to buy in there. Where does it sit as far dues? Mid level? Lower or higher end?
In addition to the great information already provided by others, I think it's important to point out that we are facing uncertain times in regards to dues at VWL. Historically, VWL has experienced an average annual increase in dues of about 3.2%. The dues accounted for both the direct costs of VWL and the shared expenses with the main WL hotel and of course property taxes. However, with CCV about to come online, there will essentially now be three separate entities that are going to be responsible for paying any shared expenses of the whole resort, (an example being transportation) and it is currently unknown what percentage of the total cost pool will be allocated to each entity.
At a high level, it certainly seems logical (because that's what Disney wanted to accomplish) that the main WL will now incur a lower percentage of the cost pool because it will have a reduced room-base, but we can't just assume that that same lost percentage will be picked up by CCV because we simply don't know the make-up of the new room types (studio, 1 and 2 bdrm, and maybe GVs) or how many points the new cabins will account for. All we know is that there will be at least 184 vacation homes based on Disney filings. We also have no visibility into how Disney actually calculates the cost pool and what's in there before it's even allocated to each entity. In addition, many of the DVC resorts have seen increased property taxes that have been one of the main drivers of increased dues for those resorts, so it would seem that with a nice new fancy restaurant, 26 additions to our shoreline and a new "not-so-quiet" pool complete with "near-by" water tower that our property taxes will be going up as well.
So as far as dues are concerned, it isn't so much a question of where we've been or where we are, but more along the lines of, where are we going? And unfortunately, none of us have enough visibility to that information to make anything more than just guesses at this point. Time will tell....