I have the opportunity to pick up a ski week at Copper Mountain Village Square but need to determine the value of the week for the estate. A realtor in Frisco said the estate could get $12K/week if it had a few years to find a buyer. (I do not believe anyone would pay 12K for a weekly timeshare at Village SQ, but if you know someone, please message me.) My relative offered the week to me for $2500. I should have quitclaimed the weeks then because now it involves lawyers and ~ $1800 to process it to the estate. I have reviewed 3 years of Village Sq statements for the week and it barely pays for itself in the rental pool, so it is not a good investment as a rental property, at least not if renting through Copper managment.
All that to ask, what would be a fair offer for a non-spring break week that includes a Monday holiday?
Thank you for your comments.
All that to ask, what would be a fair offer for a non-spring break week that includes a Monday holiday?
Thank you for your comments.