Selling them would mean the new buyers would have the same opportunity, however. The larger issue at work here is hinted at by Jackal above. Disney actively promotes the cabin aspect of CC (as they did the Poly bungalows before that), and many buyers don't take the time to figure out that buying a 150-200 point contract will only allow you 1 or 2 days in a cabin in any given year unless you bank and borrow which then means you can only go once every three years. . .for maybe 5 nights. Instead, these owners, understandably, wind up using the points to maximize their worth which means vying for studios with everyone else. In short, cabins/bungalows = many more owners in the system who won't ever use the points for said cabins/bungalows.Not sure how that works..I haven’t been in the DVC game long enough to know trends and things like that. Although I wouldn’t mind if a good number of people did plan on selling those “small” contracts and decrease the amount of active renting members trying to book rooms
Now that CCV is $210 direct purchase, does that mean current owners price to sell just went WAY up?
If you bought at the beginning-$176/point I think, did the resale go up?, and if so how much do you think it would.
Just wondering..........
DeerH
I guess it matters more what those interest in buying want to pay. I would say that since VGF and BLT have had significant increases the past couple months it doesn't put CCV price that out of wack considering (it does have the advantage of the lower point cost for now) their increases. PVB does suffer some what because of the large amount of contracts flooding the market right now but once that cools down it should rise some (but it lacks the other unit sizes which hurt it and the very high nightly points).I actually think it's already too high for the location.
I think they are listed at the $150-165, which I do think is too much. But I'm fairly certain most are actually being sold at $140-145 so that was why I thought they were priced right (at least that is what ROFR report thread on here often sees them going). As for BRV I think it is hurting because it has the unique situation as being a direct comparison to CCV, so the 2042 deadline is heavily discounting BRV unlike BWV or BCV which seem to be moderately impacted. When I see people wanting to buy WL posting on here they don't want BRV because CCV is newer, in the main building, and doesn't expire in 2042 no matter how much posters (myself too) try to convince them they shouldn't immediately say no to the resort.One of the big things that make me think Copper Creek is priced a little high is the fact that WLV is currently pricing amongst the lowest of any DVC property. I COULD be that Copper Creek is in part causing this - but the price difference seems so great to me. To me - CCV should settle a little below the Poly/VGF/BLT but certainly ahead of SSR and AKV. Right now to me it SHOULD be priced around $125-140, but with Disney boosting direct price to $210, I could see it holding up to closer to $140-150. However, the $150-165 price right now is too high. I really think it will settle down lower than this once we start seeing more contracts on the market in a year or two.
I would imagine that due to the high direct cost of points, most new DVC resorts will find studios to be a hot commodity and low points seasons will become more difficult to book. Hang on folks, it's only going to get worse!
Purely anecdotal, but each time when we've stayed or visited the Lodge the past couple of years, many (not all) of the cabins appear to be occupied. Cash or points, who knows? Either way, I can't afford them. Well, we could do points, but then we'd have to stay away for couple of years, and my wife won't let that happen.I wonder if people are even booking the bungalows / cabins with cash or if they're just mostly sitting unused.
Disney’s own timeshare policy changes allowing studios, built for four, to sleep five suggests otherwise.Again, I highly doubt that. After all, Disney is a "Family" place to take families, and a studio won't cut it.
Or sleep five in a one bedroomThat is a horrible deal for a place where you cant even book a studio at 11 months.
NoNow that CCV is $210 direct purchase, does that mean current owners price to sell just went WAY up?
If you bought at the beginning-$176/point I think, did the resale go up?, and if so how much do you think it would.
Just wondering..........
DeerH