Why are BCV resales more expensive than BWV?

[ScottDW]

Hi all. Newbie here.

We like the Epcot resort location and have stayed exclusively at BCV for several years. (SSR is our home because we bucked the buy where you stay principle in favor of the longer SSR duration of the time share.) In hindsight that may not have been the best plan given the increasing difficulties at the 7 month window, and so I am revisiting either switching to or adding points at BCV or BWV.

Looking at the resales, the BCV asking prices run higher than the BWV. I've never stayed at BWV, but have visited and they seem to have comparable location and amenities. Is there some specific reason that BWV are less expensive?

Regards,
ScottDW

 

[drusba]

The main reason is likely that BWV opened long before BCV and most BWV owners purchased at a price that is significantly lower than BCV owners and thus can sell at a lower price and still end up with a gain the same or even higher than BCV owners who are selling at a higher price.

Other reasons likely equal themselves out -- BCV has Stormalong Bay and is somewhat in a more quite area but then many like being right at the boardwalk and are perfectly fine with BWV pool. In other words, you can come up with a number of possibilities in favor of one resort or the other but the most likely overall reason is the difference in the original purchase price.

 

[justloveit]

BCV is also a much smaller resort which creates a higher demand given the popularity of Stormalong Bay. Welcome to the Disboards!

 

[CDNmouse]

Our home is at BCV. We love it there but also really like BWV. (BWV is closer to the the HESS gas station for cheaper beer and snacks ) Both are nice and close to EPCOT and just a boat ride to Hollywood Studios.

Stormalong Bay is nice but I wouldn't make that my deciding factor in picking BCV over BWV.

So if you are buying for location only, go for BCW and save a few $$.

Gary

 

[dudelydude]

That's simple...it's the clown...that creepy clown.

I agree with all above. Higher demand for BCV may be the prevailing reason, but I wouldn't underestimate the value of Stormalong Bay and the very short walk into the back gate of Epcot.

 

[mom2rb]

That's simple...it's the clown...that creepy clown. :clown

Not only does my brother refuse to stay at Boardwalk, but when I took my nephew to Disney, I had to promise not to stay at Boardwalk.

 

[jade1]

The main reason is likely that BWV opened long before BCV and most BWV owners purchased at a price that is significantly lower than BCV owners and thus can sell at a lower price and still end up with a gain the same or even higher than BCV owners who are selling at a higher price.
.

I dont know if I would say the main reason. I know we paid $70 for BCV when it opened and got the first years points as well.

I think if you compare a comparable situation (BCV vs BWV) it would be SSR vs OKW. OKW owners paid way less than SSR (much larger difference than BCV/BWV) and even the shorter year contracts at OKW are about the same ave price as SSR. Your theory would have OKW owners selling for far less than SSR owners right?

 

[Mickey'sApprentice]

The #1 reason is the size of the resort.

Plus, I've found that DH and I love staying at BWV for either the standard or boardwalk points. That is only 40% of the resort.

I asked Dh if he had rather stay at BCV or have a preferred "scary clown" view at Boardwalk. He said BCV. That is coming from my boardwalk loving husband who never swims.

Y&BC was also sold by Disney as the Epcot "Flagship" resort for many years. With prestige comes $$$.

We personally could not justify the extra $$ for BCV. I'd much rather look at a lake than a parking lot, or have standard points for that parking lot view.

 

[drusba]

I dont know if I would say the main reason. I know we paid $70 for BCV when it opened and got the first years points as well.

I think if you compare a comparable situation (BCV vs BWV) it would be SSR vs OKW. OKW owners paid way less than SSR (much larger difference than BCV/BWV) and even the shorter year contracts at OKW are about the same ave price as SSR. Your theory would have OKW owners selling for far less than SSR owners right?

BCV opening price was $75 but you could get $5 off and I thought that required you to give up first year points if you took the $5. In any event, that price went to $80 when BCV actually opened, after which most of its sales were made, and the $5 incentive was then tied to giving up first year's points. I believe the price went up again before it sold out. BWV opened in 1996 at $65 and stayed there for about two years and then went to $67.50 and most of its sales were made at $65 and $67.50.

And no my theory does not mean OKW owners would sell for far less than SSR. SSR always had the disadvantage of having a similar not-close-to-a-park location as OKW, but a higher per night point cost and smaller rooms, and huge numbers bought at SSR to be able to go to other WDW DVC resorts; in fact, Disney used that as its big pitch for selling SSR originally (and many have sold because of difficulties at the 7 month window). OKW still has the advantage of the largest rooms, lowest per night point cost, and a vast majority of owners who bought with the main desire to stay at OKW. As a result, it is the better value in the resale market.

 

[Saratoga Souris]

BWV - 97 Dedicated Studios - 130 Dedicated 1Bdrm - 0 Dedicated 2Bdrm - 149 Lockoffs - 7 Grand Villas = 383 Units / 532 Max. Available Rooms


BCV - 36 Dedicated Studios - 20 Dedicated 1Bdrm - 78 Dedicated 2Bdrm - 74 Lockoffs - 0 Grand Villas = 208 Units / 282 Max. Available Rooms

 

[LisaS]

BCV is smaller and has a fantastic pool area so I believe supply and demand are the biggest factor in the price difference. We went through the BCV vs BWV debate when we decided to buy in. We had stayed at YC a few times and preferred being on that side of the lake. But we always booked a lake view and figured we would miss that at BCV since it is behind BC and has no lake view rooms.

In the end, the view won and we bought into BWV. After a few stays in a boardwalk view room, I know we made the right choice. We still walk over to YC or BC for breakfast since we prefer the Yacht Club Galley (now called the Captain's Grill) and Cape May over Spoodles. And we go over for ice cream since we prefer Beaches and Cream to the ice cream on the BWV. But it's all the same neighborhood and everything is within a short walk. BWV also offers the option of the Standard View rooms if you are short on points. You have to be prepared to book early to get either the boardwalk view or standard view rooms however.

ETA: Dues are higher at BWV than at BCV but not so much that it will make enough of a difference in the long run to make up for the difference in purchase price. On the other hand, if you resell your contract in a few years BCV will probably continue to command a higher resale price while there are still enough years left on the contract to make it attractive.

 

[jade1]

BCV opening price was $75 but you could get $5 off and I thought that required you to give up first year points if you took the $5. In any event, that price went to $80 when BCV actually opened, after which most of its sales were made, and the $5 incentive was then tied to giving up first year's points. I believe the price went up again before it sold out. BWV opened in 1996 at $65 and stayed there for about two years and then went to $67.50 and most of its sales were made at $65 and $67.50.

And no my theory does not mean OKW owners would sell for far less than SSR. SSR always had the disadvantage of having a similar not-close-to-a-park location as OKW, but a higher per night point cost and smaller rooms, and huge numbers bought at SSR to be able to go to other WDW DVC resorts; in fact, Disney used that as its big pitch for selling SSR originally (and many have sold because of difficulties at the 7 month window). OKW still has the advantage of the largest rooms, lowest per night point cost, and a vast majority of owners who bought with the main desire to stay at OKW. As a result, it is the better value in the resale market.

So just to be straight, the initial purchase price is only the main factor for BCV and BWV resales? The rest of the DVC resale market (VWL/OKW/SSR etc) has nothing to do with initial purchase price, and are based on mainly other factors?

 

[SCDizneyDawn]

I believe it is more for BCV because it is smaller.

I just wanted to say I paid $67 for BWV and $70 for BCV so, not much difference.

I think BCV is worth more not only for the reasons already listed but also because there is a walk up restaurant. The Boardwalk bakery does not compare to the BC Marketplace for convience and ease.