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Did You Know? |
| When AKV is completed, the
number of available DVC rooms will be 4055! |
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Choosing Your Home Resort
What to Consider?
by: DVC
Mike
One of the
first decisions a prospective Disney Vacation Club member has to
make, after deciding to buy into DVC, is which resort they
should purchase and make their home resort. DVC members who wish
to add-on face the similar issue of choosing which resort to
add-on points at. This post is an attempt at providing some
useful information to assist in the decision-making process.
Prospective
DVC members may not be aware that they are not limited to just
the resorts that DVC is actively marketing, but that it is
possible to buy into any of the DVC resorts, even the older
“sold-out” resorts. You can buy these resorts on the resale
market, as well as direct from Disney (once you convince your
guide that you simply are not interested in the resorts DVC is
actively marketing).
Now, what
factors should one consider in choosing their home resort?
People consider a wide range of things when deciding to choose
their home resort. This includes:
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Purchase price of points – There is quite a difference
in the initial purchase price of points across all the
resorts.
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Annual
maintenance fees – While some resorts are less expensive
in terms of their initial purchase cost, it is very
important to consider the annual maintenance fees (dues)
that you will be paying year-after-year, as any savings
in the initial purchase cost may quickly be eaten up by
the difference in dues (for example, Vero Beach resort).
The resorts with the lowest maintenance fees at the
present time include BLT, VGC, and SSR.
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Points
Chart – The number of points required to book a certain
accommodation at any resort will vary, from OKW at the
low end to VGC at the high end.
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Years
remaining on contract – OKW (original), BWV, VWL, and
BCV contracts expire in 2042; SSR expires in 2054; AKV
expires in 2057; BLT and VGC expire in 2060.
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Theme/Décor of the Resort – Some people love the theme
and décor of resorts like VWL and AKV; others don’t.
This is a very personal factor that will vary depending
upon your own taste.
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Room
size/layout – OKW has the largest rooms; Newer resorts
have an extra bathroom.
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Room
décor and amenities – Some people love the décor of AKV
while others think it is too “dark”. Others love the
décor at SSR. Some people want the décor to feel like
home, while others prefer something more exotic.
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Age of
Resort – OKW is the oldest resort and sometimes shows
its age. DVC does not perform the same type of refurbs
they do on their cash resorts as they do at their DVC
resorts.
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Proximity to a particular theme park or entertainment
area – Being right next to a theme park (BLT, BCV, BWV,
VGC) may be an important factor to some
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On
Property or off property – This factor is related to the
off-property resorts such as VB or HHI. People shouldn’t
buy offsite with the expectation of always using the
points onsite.
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Pools,
community hall and the range of recreation opportunities
– For some, Stormalong Bay at YC/BC is reason alone to
buy into BCV.
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Range
of dining options (onsite and nearby) and/or room
service – The number and type of dining options in close
proximity to your resort may be a big factor.
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Transportation options – A few resorts offer the option
of walking into a theme park or DTD; others offer boat
or monorail access; some only offer bus transportation.
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Types
of accommodations – Not all resorts offer 3-BR Grand
Villas. Only one offers Concierge rooms. A few offer
point-saving value accommodations.
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Views
– To some, a great view from your balcony (perhaps BLT
and BWV) is a big factor.
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Hotel
or Condo/townhouse resort style – This seems to be a big
factor for some. Some people prefer the townhouse
arrangement of OKW and SSR, with their outdoor hallways
and self-parking right outside the room. Others prefer
the resorts attached to a deluxe resort, with indoor
hallways and valet parking.
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In the
middle of the action or a quiet secluded spot – Some
prefer a resort they can retreat to at the end of the
day, while others prefer to be in the middle of the
action.
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Size
of the resort – SSR and OKW are large, spread-out
resorts, and sometimes there can be quite a distance
from some rooms to dining and services.
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Popularity of Resort - Certain accommodations may be
hard to book if you don’t own there, such as AKV
Concierge or OKW GV.
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Resale
Value – This factor is difficult to predict; however,
some resorts may hold their resale value longer than
others.
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Sentimental Reasons – some people feel a strong
emotional attachment to the resort they spent their
honeymoon at, or the one they first took the kids to,
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Everyone’s
personal tastes and individual preferences are different. Some
may value certain factors more than others or not at all.
In addition to
these individual factors, there are a few popular philosophies
that you’ll hear from DVC members.
The most
popular philosophy is “Buy Where You Want to Stay”. If you
really love a particular resort, then buy into it. There are
some people who have a particular fondness for a resort and
really want to stay at that particular resort, and they would be
unhappy if they were not able to book there. These folks should
buy where they want to stay, provided that they can reliably
plan and book to take advantage of the 11-month home resort
booking advantage.
If a specific
resort (theme/style, location, villa type and/or view) is
important to you and you can take advantage of the 11-month home
resort booking advantage, then buy into that resort. The need
for the home resort booking advantage varies by resort, villa
type, view and time of year that you most often vacation.
If you don’t
have a particular fondness for a certain resort, or if you’re
not a planner and anticipate always booking at the 7-month
window (or less), then one of the next two philosophies may be
best for you.
One
alternative philosophy states “Buy Where You Wouldn't Mind
Staying”. This view states that people should avoid buying at a
resort that they really wouldn't be happy staying at. Since the
resort you buy into will be your default location should your
other options fall through at the 7-month window, you should
pick a resort that you would wouldn’t mind staying at; i.e., it
would not make you unhappy.
Finally,
others promote the idea of “Buy the best deal”; that is,
whatever resort has the lowest overall cost. If any resort is
fine, then buy where you get the best overall deal for total
cost of ownership. Recognize that the variables for that depend
on purchase cost (price, closing costs and finance charges),
annual dues, expected length of ownership and likely resale
value upon disposition. Keep in mind that any savings in upfront
purchase cost will probably be offset by the difference in
maintenance fees.
Some members
may decide to purchase at more than one resort, giving them
multiple home resorts. Typically, the reason is that the owner
wants the 11-month booking advantage of the Home Resort Priority
Period in order to make it easier to get the resort they want,
at the time they want, with the accommodations they want. This
reduces any possible frustration at the 7-mo window,
wait-listing, or having to “settle” for another reservation
while missing out on the one you really had your heart set on.
Keep in mind
that if you have more than one home resort, all vacation points
being used to make a reservation during the Home Resort Priority
Period must be associated with that home resort. That is, you
cannot combine points from multiple resorts to book one resort
during the Home Resort Priority Period. You may combine all the
points you have at all your home resorts and book any DVC resort
only at the 7-month window.
Some folks
purchase small add-ons at other resorts and then, by banking
and/or borrowing, book a vacation there at the 11-month window
every 2 or 3 years.
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