How Much Does A Timeshare Cost In 2021 | Average Price For Timeshares
How much does a timeshare cost in 2021 on average? How much does a timeshare cost per month? The average timeshare cost, or how expensive or cheap a vacation home is, is determined by a number of Factors.
According to the American Resort Development Association, or ARDA, the overall average cost of a timeshare in 2021 is $22,180.
For some owners it will cost more to own a timeshare, for some owners it will cost less to own a timeshare depending on the size of the unit, amenities and other factors mentioned below which affect not only timeshare costs but also the cost of owning a vacation home.
How much a timeshare will cost is determined by week type, season, whether the purchase is resale or direct from the resort. The location, size and any maintenance fees paid to the resort all affect how much a timeshare will cost on average in 2021.
Getting familiar with some of the factors that affect the price of timeshares is a good idea, especially if you are currently in the market to purchase and have questions about how much each type of timeshare will cost you on average.
Overview Of Factors Determining How Much It Will Be Costing You
The First Factor in determining how much the average timeshare cost in 2021 is the type of week you choose to purchase. The different types are: Fixed, Floating, Right to Use and Points based timeshares. The price may be more expensive, or cheaper depending on the week type of your choosing.
The Second Factor in determining how much a timeshare will cost on average in 2021 is the season, or the time of year you are going to vacation. Certain times of the year have more demand than others in various resort locations, so the average cost of a timeshare will go up depending on seasonal demand. Demand affects the price of a timeshare in this case and whether it's expensive or inexpensive.
The Third Factor in determining how much the average timeshare cost in 2021, is whether you are purchasing on the resale market or directly from the resort. Purchasing a one resale may be cheaper, but you lose some of the perks available from the resort reserved for those who buy directly from the resort. A direct from the resort timeshare cost will be more on average, but give you peace of mind and some benefits not available to resale timeshare buyers who went the cheap route.
The Fourth Factor in determining how much a timeshare will cost you on average in 2021 is the location. Popular tourist spots will be much more expensive, and buying a week at a popular destination on a high demand week will cost much more than a lesser known location on a low demand week in which the price of a timeshare will be substantially lower and less expensive.
The Fifth Factor in determining how much the average timeshare cost in 2021 is the size of the unit. How many rooms a unit has will increase timeshare cost or decrease the price depending on the number of rooms. How large or small the unit is will also affect the average price of the timeshare. A larger unit will cost more and be more expensive, while a smaller unit will cost less and be more affordable.
The Sixth Factor to consider when determining how much a timeshare will cost you on average in 2021 are maintenance fees. These are often yearly fees that go towards the upkeep and maintenance of the property. The cost of the maintenance fee is largely affected by the size of the unit. Maintenance fees on a larger vacation home will usually cost more on average than the maintenance fees on a smaller, less expensive vacation home or unit.
If you are needing a bigger sized unit, buying a larger one will cost more, but be spacious enough for your needs. If you are looking to save money and don't need the luxury of having a lot of space, buying a smaller less expensive timeshare is the cost effective way to go.
Contact Us or call 1-800-674-9623 and we'll answer any questions that you have about how much a timeshare will cost and go through all the costs involved in owning a timeshare, what type of timeshare is right for your particular situation and help you decide whether one is right for you or not.
