For any owners out there- what is average maintenance on $308k? I know it varies by resort but would love to hear what others are paying. Looking at buying resale. Thanks
CWA is the average of all of the deeds held in it's trust. It's $5.45 including the program fee.
IMO, the $5.45 for CWA is lower than the average for all Wyndham resorts.
I think the average is around $6.00
I think Wyndham manages the pool of deeds in CWA to keep the maint fees lowish. They do this by seeding the CWA trust with deeds from the newer (points inflated / low maint fee) resorts
I own 308,000 at Grand Desert.
My annual maintenance fees per 1000 points breaks down like this:
Total HOA Fee - $3.53
Program Fee - $0.45
Annual Fee = $.20
Multiply this by 3800 and you have my maintenance per year. Just divide by 12 for your monthly payment.
No, Grand Desert total MF's aren't that cheap. You're omitting the reserve fund or property taxes (or both).
Total HOA Fee for 1,000 Points: $4.35
Maintenance Fees: (105,000 / 1000) * $3.56
Reserve Fund: (105,000 / 1000) * $0.67
Property Tax: (105,000 / 1000) * $0.12
Total HOA Fee: (105,000 / 1000) * $4.35
I know the other HOA there is slightly below this.
Tower 3 is actually slightly higher, $4.41