- Jan 10, 2011
- Reaction score
- Charlotte, NC
So I am thinking that for my specific case where I am not looking for a rental stream .... only staroptions or to use as an II trader that the 1 bedroom at Bella is the sweet spot. I just paid $395 for a 1 bedroom annual (44,000 points) ... the maintenance fees are $576. Those 44,000 points in WKV maintenance cost would be $396. Considering the upfront cost of acquisition between $3K and $5K (call it $4K) the breakeven point for the two units is 18 years. And every year I use it as a trader in II extends the breakpoint another year.One big advantage in owning the large side one bedroom platinum plus Kierland is its rentability. The large side easily rents for ~$2,350 during March; I have been hardpressed to rent the small side (the 67100 unit) for $1,400, and then only as part of a two bedroom rental.
Another advantage of the large side is if you are going to use it yourself; it is larger and nicer (obviously).
The economics of the small side are superior only if you are going to use its StarOptions every year. If you would be using it in Interval, SDO will get you the same trades for a fraction of the cost.
Also ... the minimal extra cost in maintenance fees ($25) versus SDO with the flexibility of the possible use of staroptions (combining with my 81,000 to go to Hawaii) makes it a winner.