$320 a POINT for VGC ?

Yankee626

Earning My Ears
Joined
Oct 24, 2007
Holy smokes ! There is a listing for 225 points resale for the Villas at the Grand Californian !!!!
Are we on Mars ? That's $72000 for 225 resale points !!!!!
 
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BWV Dreamin

DIS Veteran
Joined
Mar 10, 2007
I believe the new direct pricing ( if it ever becomes available) is $310/pt. Since there are no direct contracts to purchase, people are willing to pay that price even for resale.
 

natty650

Mouseketeer
Joined
Apr 22, 2021
So, that contract looks to still be listed on the broker site. I hope no one purchases it at that price, but knowing those brokers, they will likely use their "sales expertise" to keep it listed until there are multiple low offers and ask them to do the "Final and Best Offer" that they tried to pull on me.

I would love to own at VGC because we never go to Florida, but go to Disneyland at least two times a year...but living in the Bay Area, it would be smarter for me to put a down payment on a second house than pay those crazy prices. 😉
 

HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
So, that contract looks to still be listed on the broker site. I hope no one purchases it at that price, but knowing those brokers, they will likely use their "sales expertise" to keep it listed until there are multiple low offers and ask them to do the "Final and Best Offer" that they tried to pull on me.

I would love to own at VGC because we never go to Florida, but go to Disneyland at least two times a year...but living in the Bay Area, it would be smarter for me to put a down payment on a second house than pay those crazy prices. 😉
perhaps, but you'd haveto settle for a pretty dingy condo/house on the outskirts of Garden Grove or Santa Ana. Housing prices in SoCal is atrocious. And don't forget about those crazy CA property taxes! Come on, it's the Grand Californian! I thought about looking at some properties for the price I paid. But where's the magic in that? hehe.
 

natty650

Mouseketeer
Joined
Apr 22, 2021
perhaps, but you'd haveto settle for a pretty dingy condo/house on the outskirts of Garden Grove or Santa Ana. Housing prices in SoCal is atrocious. And don't forget about those crazy CA property taxes! Come on, it's the Grand Californian! I thought about looking at some properties for the price I paid. But where's the magic in that? hehe.
I was talking about real estate in the bay area and our prices are even more extreme than in socal, but as a long term investment, it can't be beat.....but in the end, you're right. No magic. Only homeowner headaches. haha.
 

HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
I was talking about real estate in the bay area and our prices are even more extreme than in socal, but as a long term investment, it can't be beat.....but in the end, you're right. No magic. Only homeowner headaches. haha.

For how much you would pay for a VGC contract. I guess I wouldn't mind, if I didn't care about crime, drugs, and homicides in the area.....
 

natty650

Mouseketeer
Joined
Apr 22, 2021

For how much you would pay for a VGC contract. I guess I wouldn't mind, if I didn't care about crime, drugs, and homicides in the area.....
Yikes - I only said as part of a down payment. :oops: I don't think you can even get a house in a bad neighborhood in the bay area for that price. LOL
 

natty650

Mouseketeer
Joined
Apr 22, 2021
Also, that's not the kind of "house" I was talking about. That's a manufactured home.
 
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HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
Yikes - I only said as part of a down payment. :oops: I don't think you can even get a house in a bad neighborhood in the bay area for that price. LOL
Believe me I know. I live in Hawaii. You'd be amazed what sells for almost a million dollars here. It's laughable. Case in point.

 

AlanBradley

Earning My Ears
Joined
Jul 2, 2021
No surprise. Supply and demand - same reason the Bay Area is so “overvalued”(it’s not).

DVC is real estate and the appreciation we’ve seen on the dvc contracts reflects that - regardless of the remainder of the lease term. Disney pricing VGC well over 300 direct(315 now I think) wasn’t done without thought.

The Mona Lisa looks like a throw away to me. But you tell me what it’s worth!
 

GoingSince1990

DIS Veteran
Joined
Oct 31, 2018
The supply of VGC listings on the resale sites has almost completely vanished. When I was buying in back in 2013-2014 there was no shortage of contracts of several different sizes and use years. If I was listing my contracts today it would defintely be for over $300/pt; if someone really wants in, they don’t have much choice than to pay that. If I had to bet, I would say it will be over $500/pt five years or so from now.
 

HIRyeDVC

Mouseketeer
Joined
Apr 17, 2021
The supply of VGC listings on the resale sites has almost completely vanished. When I was buying in back in 2013-2014 there was no shortage of contracts of several different sizes and use years. If I was listing my contracts today it would defintely be for over $300/pt; if someone really wants in, they don’t have much choice than to pay that. If I had to bet, I would say it will be over $500/pt five years or so from now.
ok, if it reaches $500 in 5 years, I'm freeking selling. I'll gladly stay at the Desert Inns and Suites......I think......
 

natty650

Mouseketeer
Joined
Apr 22, 2021
As much as I would love to have VGC, I can't pay those prices and feel good about that decision at the end of the day. Don't get me wrong...if I had a bottomless bank account, then I'd be all in. ☺ You'd fine me in a cabana by the pools everyday.
 

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