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Assist with valuing Bluegreen Points with UDI

Discussion in 'Buying, Selling & Renting Timeshares' started by mrjjm5, Feb 4, 2019.

  1. mrjjm5

    mrjjm5 Guest

    Joined:
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    Resorts Owned:
    Bluegreen Christmas Mountain
    We have been Bluegreen owners at Christmas Mountain for over 10 years and are considering selling our ownership, but I am not sure how to value our ownership. I can't find comparisons.

    We have 5,000 points annually as well as a flex/UDI which allows us to have 1 red and 2 either white or blue reservations on the books at any given time. As soon as one of the reservations begins, we can book another week. (2 bdrm, 1 bath cottage that sleeps 6)

    The flex weeks are separate from the points. We can have a points reservation in addition to the three reservations previously mentioned above on the books at the same time.

    This has served us well and I rent multiple flex weeks (and partial weeks) throughout the year to cover (and often exceed) or annual costs associated with owning this property.

    Any suggestions on how to place a fair value on this? We are not sure if we are going to list it for sale yet, first we need to know what the market will allow.
     
  2. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

    Joined:
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    Location:
    Maryland
    Resorts Owned:
    A few in SC, VA and FL, a single resort in NC, MD, PA, NY, UT, ME, WI, and TN plus Jamaica and the Bahamas
    Sounds like you have a blended UDI (both points and weeks). I think the value of the UDI's have gone down a bit as the hk fees have gone up for each booking. How much is you annual MF's?
     
  3. mrjjm5

    mrjjm5 Guest

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    Resorts Owned:
    Bluegreen Christmas Mountain
    $1300 last year
     
  4. JudyS

    JudyS TUG Member

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    Are you sure you have only 5000 Bluegreen points each year? I have never heard of such a low number of Bluegreen points for a "blended" Christmas Mountain UDI.

    Also, I have heard that the MF was tied to the number of annual Bluegreen Points, but perhaps I heard wrong. The $1300 annual fee (plus housekeeping charges) is the charge for a "pure" UDI (no BLuegreen Points), and I've also heard it as the fee for blended ownerships with 9000 or so Bluegreen points.

    There is a Yahoo Group for owners of UDIs at Christmas Mountain Village. If you send me a PM (personal message), I will send you the URL. That would be a good place to ask about value.
     

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