Please post your 2013 STARWOOD Maintenance Fees Here

[DavidnRobin]

WSJ VGV MFs 2013

Terrace Suite (studio): $1443.48
Townhouse Suite (1Bd): $1924.71
2-Bd Townhouse: $2405.94 (MF=$1954.98, RR=$450.96)
2-Bd Premium: $2886.97
3-Bd Pool Villa/Premium: $2887.17

1.8% decrease from 2012

 

[pathways25]

Sheraton Vistana Villages - Key West - 2BR annual

Current Year Charges

Maintenance Fee(s) $ 958.06
Tax - If Applicable $ 107.47
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 1,070.53
Less Payments*** $ 0.00
Total Due $ 1,070.53


Net of SVN and ARDA is $1,065.53, a decrease of $23.54 (2.2%).

 

[pathways25]

Sheraton Vistana Villages - Key West - 2BR EOY

Current Year Charges

Maintenance Fee(s) $ 479.03
Tax - If Applicable $ 53.74
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 537.77
Less Payments*** $ 0.00
Total Due $ 537.77


Net of SVN and ARDA is $532.77, a decrease of $11.76 (2.2%).

 

[LisaRex]

SVV Bella EOY odd

2011 fees
Prior Year Charges
Maintenance Fee(s) $ 456.01
Tax - If Applicable $ 54.49
Total Charges $ 510.50

2012 fees
Maintenance Fee(s) $ 486.31
Tax - If Applicable $ 60.10
Total Charges $ 546.41

An increase of 7%

 

[pathways25]

2011 fees
Prior Year Charges
Maintenance Fee(s) $ 456.01
Tax - If Applicable $ 54.49
Total Charges $ 510.50

2012 fees
Maintenance Fee(s) $ 486.31
Tax - If Applicable $ 60.10
Total Charges $ 546.41

An increase of 7%

I think this is last year's fees. The 2013 fees have not yet been posted for the Bella phase.

 

[LisaRex]

I think this is last year's fees. The 2013 fees have not yet been posted for the Bella phase.

Oh, yes. Thank you!

 

[pathways25]

Sheraton Vistana Villages - Bella - 2BR annual

Current Year Charges

Maintenance Fee(s) $ 980.44
Tax - If Applicable $ 118.56
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00

Sub-Total
Current Year Charges $ 1,099.00
Less Payments*** $ 0.00
Total Due $ 1,099.00


Net of SVN and ARDA is $ 1,099.00, a decrease of $6.16 (0.6%).

 

[pathways25]

Sheraton Vistana Villages - Bella - 2BR EOY

Current Year Charges

Maintenance Fee(s) $ 490.22
Tax - If Applicable $ 59.28
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00

Sub-Total
Current Year Charges $ 549.50
Less Payments*** $ 0.00
Total Due $ 549.50


Net of SVN and ARDA is $549.50, a decrease of $3.09 (0.6%).

 

[stive1]

Vistana Resort small 1 bedroom

Maintenance Fee(s) $ 315.73

Tax - If Applicable $ 74.73

Membership Fee - If Applicable $ 0.00

Other* $ 0.00

Interest $ 0.00

Late Fees $ 0.00

ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 395.46
Less Payments*** $ 0.00

Total Due $ 395.46

This is the same $$ as last year in the Cascades section....

 

[Ken555]

Maintenance Fee(s) $ 315.73

Tax - If Applicable $ 74.73

Membership Fee - If Applicable $ 0.00

Other* $ 0.00

Interest $ 0.00

Late Fees $ 0.00

ARDA ROC PAC Contrib.** $ 5.00

Sub-Total
Current Year Charges $ 395.46
Less Payments*** $ 0.00

Total Due $ 395.46

This is the same as last year...yea

Which phase?

 

[DavidnRobin]

WKV 1Bd Premium (Large)

2013 MF:
WKV 1Bd Premium (Large, 81K SO) = $780.32
(this is for the MF only; does not include tax, SVN fee, or ARDA)

2.4% increase over 2012

2012 = $762.08 (5.8% increase over 2011)
2011 = $720.37

*****
2013 2Bd LO (148.1K SO) = $1271.16
2013 1Bd Deluxe (Small, 67.1K SO) = $490.84

 

[stive1]

Cascades...

 

[grgs]

Westin Kierland 2 bedroom LO Annual (Plat)

I know David already reported the figure for a 2 bd plat, but I thought I'd give a bit more info (taxes). Also, in the past I've (and others) included taxes to get at the total increase or decrease over the prior year. I know we generally don't include the SVN or ARDA fees, but taxes seem like they should be included to me.

2013 Charges
Maintenance Fee(s) $ 1,271.16
Tax - If Applicable $ 37.97
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00
Sub-Total
Current Year Charges $ 1,309.13

About a 1.6% increase over last year.

2012 Charges

Prior Year(s) Tax Credit ($8.49)
Operating Assessment $1076.66
Replacement Reserve $164.80
Estimated Real Estate Tax $47.67
Membership Fee - If Applicable $ 0.00
ARDA ROC PAC Contrib. $ 0.00 (removed since I don't pay this)
Sub-Total
Current Year Charges $1289.13

(2011 mf was $1216.08; so a 6% increase)

 

[grgs]

Westin Kierland 1 Bedroom Premium Annual

2013 Year Charges
Maintenance Fee(s) $ 780.32
Tax - If Applicable $ 22.96
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00
Sub-Total
Current Year Charges $ 803.28

Up about at 6.7% from last year, but based on David's report, I may be an outlier with the prior year tax credit. Hmmm, I can see a case to leave out taxes.

Without the tax credit in 2012, the increase in mf/taxes for 2013 is also 1.6%

2012 Charges:

Prior Year(s) Tax Credit ($36.71)
Operating Assessment $660.92
Replacement Reserve $101.16
Estimated Real Estate Tax $27.40
Membership Fee - If Applicable $ 0.00
ARDA ROC PAC Contrib. $ 0.00 (removed since I don't pay this)
Sub-Total
Current Year Charges $752.77

(2011 mf was $743.46; so a 1.25% increase)

 

[DavidnRobin]

Hi Glorian - Re: WKV taxes - I do not include them because (at least last year) they can be different for the same type of villa. Check your math - I do not think a change in taxes would impact the %MF increase substaintially (6%?).

The %MF increase should be (and is) the same across villa types. What I hadn't realized is that the $MF/SO is so much different for the large (Prem) and small (Dlx) villas - enough to re-think strategy on owning the small villa now that there is SO banking.
{I am sure someone is thinking... "Now why did he just post that in a public forum?"}

 

[gtm2011]

The %MF increase should be (and is) the same across villa types. What I hadn't realized is that the $MF/SO is so much different for the large (Prem) and small (Dlx) villas - enough to re-think strategy on owning the small villa now that there is SO banking.
{I am sure someone is thinking... "Now why did he just post that in a public forum?"}

I agree. I asked the same question in the "Advice on purchasing SPG Vacation Ownership" thread.

http://tugbbs.com/forums/showpost.php?p=1384799&postcount=34

 

[grgs]

Hi Glorian - Re: WKV taxes - I do not include them because (at least last year) they can be different for the same type of villa. Check your math - I do not think a change in taxes would impact the %MF increase substaintially (6%?).

I believe my math is correct (actually it comes out 6.7%), but the % increase is misleading because of the prior year's tax credit. I noted that in my post above.

Glorian

 

[Ken555]

My 2-bed WKV has increased 2.34% this year, for a total increase of ~38.5% since 2006 (back when MF was ~$950 - and I think that included SVN fees of $99 at the time), and an average of ~5.5% increase annually. Not bad for SVN...

BTW, here are the 2013 details...and as you can see, if we didn't have to increase the replacement reserve, the MF would have been reduced this year.

2013 Operating Assessment: $1,036.16 (2012: $1,076.66; 2011: $947.75)
2013 Replacement Reserve: $235.00 (2012: $164.80; 2011: $225.75)
2013 Estimated Real Estate Tax: $37.97 (2012: $47.67; 2011: $42.58)
2013 SVN Membership Fee: $125.00 (YMMV here)
2013 ARDA-ROC PAC: $5.00 (or, in my case, N/A)

 

[DavidnRobin]

Taxes for my 2 1Bd Prem WKV VOIs were different last year. They are the same this year so not sure what changed. I was just surprised that a ~$20 change would alter the percentage that much (but I didn't calculate). Regardless, at least when trying to calculate a percentage change for MFs should probably keep the taxes out (this goes for SVN fee as well since it is variable depending on how many VOIs are owned). This may be good to understand annual ownership cost, but not for tracking changes.

 

[Ken555]

Taxes for my 2 1Bd Prem WKV VOIs were different last year. They are the same this year so not sure what changed. I was just surprised that a ~$20 change would alter the percentage that much (but I didn't calculate). Regardless, at least when trying to calculate a percentage change for MFs should probably keep the taxes out (this goes for SVN fee as well since it is variable depending on how many VOIs are owned). This may be good to understand annual ownership cost, but not for tracking changes.

Removing SVN makes sense to me (if I can find my old statements - they're not available online - I would revise my earlier post, but I don't have all the details of a couple early years). However, taxes are an integral part of the entire annual fee, so I see no reason to leave that out. If the local government increases taxes, then the net paid out for usage that year goes up...do I really care if the government is the cause of the increase or the resort? No.

 

[DeniseM]

I gentle suggestion: Itemize the fees, and everyone can pick out the info. they want.

 

[DavidnRobin]

No issue with including taxes - but because they are (were) variable like the SVN fee - it should not go into the percentage increase/decrease as far as MF go as it skews how the resort is being handled from a revenue/income perspective, and taxes are not related to how well the resort HOA is handling finances - only cost of ownership.

I have the MFs (for all of my VOIs) going back to 2004-2006, and can dig them up if interested.

 

[pathways25]

Sheraton Desert Oasis - 2BR annual

Current Year Charges

Maintenance Fee(s) $ 1,055.04
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00

Sub-Total
Current Year Charges $ 1,055.04
Less Payments*** $ 0.00
Total Due $ 1,055.04


Net of SVN and ARDA is $ 1,055.04, an increase of $68.96 (7.1%).

 

[DavidnRobin]

Wow - the MFs for a 2Bd SDO is only $216 less than a 2Bd WKV? I was under the impression that they were way less. Does this include a MF increase that was being discussed in the SDO vote thread, or has that not been incorporated yet?

 

[grgs]

Sheraton Desert Oasis 1 Bedroom Premium

Current Year Charges
Maintenance Fee(s) $ 725.35 (Operating assessment: $467.42; Reserves: $257.93)
Tax - If Applicable $ 0.00
Membership Fee - If Applicable $ 0.00
Other* $ 0.00
Interest $ 0.00
Late Fees $ 0.00
ARDA ROC PAC Contrib.** $ 0.00
Sub-Total
Current Year Charges $ 725.35

About a 7% increase over last year.

Last year:

$677.93

Up from 611.25 in 2011, so about a 10.9% increase.

Ouch!