If you’re planning to invest in a Disney Vacation Club (DVC) membership, one of the things you should consider is the maintenance fees that come with it. These fees are crucial in ensuring that the resorts and properties are well-maintained and kept in top-notch condition for members to enjoy. In this article, we’ll take a closer look at what maintenance fees are, how much they cost, and what they cover.
What Are Maintenance Fees
Maintenance fees are the annual dues that DVC members pay to cover the costs of maintaining and operating the resorts they have access to. These fees are calculated based on each member’s ownership interest in their respective properties. They cover a wide range of expenses, including:
- Maintenance and repairs of buildings and facilities
- Landscaping and groundskeeping
- Housekeeping services
- Utilities such as electricity, gas, water, and internet
- Property taxes
- Insurance premiums
- Reserve funds for future repairs and upgrades
How Much Do Maintenance Fees Cost
The amount of maintenance fees varies depending on several factors such as the size of your membership interest, the resort you own at, and any special assessments or increases voted by the DVC board.
As an example, in 2021, maintenance fees for a Deluxe Studio at Disney’s Polynesian Villas & Bungalows were $7.02 per point. If you own 100 points at this resort, your annual maintenance fee would be $702.
Why Do Maintenance Fees Increase
Maintenance fees can increase over time to keep up with inflation or due to unexpected expenses such as damage caused by natural disasters or major repairs needed in the resorts. The DVC board also reserves the right to increase fees to ensure that the resorts are well-maintained and updated with modern amenities.
What Do Maintenance Fees Cover
Maintenance fees cover all the expenses related to maintaining and operating the resorts, as mentioned earlier. The fees also go towards funding reserve accounts for future repairs and upgrades that may be required in the future.
It’s essential to note that maintenance fees do not cover any additional expenses you may incur during your stay, such as dining, transportation, or activities. These costs are separate from your membership dues.
Final Thoughts
Maintenance fees are a necessary cost for DVC members to ensure that they have access to well-maintained and updated properties when they visit Disney World or any of the other locations available through their membership. Understanding how these fees work and what they cover can help you make an informed decision about whether a Disney Vacation Club membership is right for you.