Friday, January 21, 2011

Timeshare Value - What's My Timeshare Worth?

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During the course of timeshare ownership the question about your timeshare's value will undoubtedly arise sooner or later. Whether its to correctly price your timeshare for resale or appraise your timeshare property for legal reasons such as bankruptcy, divorce settlements or foreclosure. Or maybe you're just asking yourself, what's my timeshare worth?

When looking for a timeshare value its important to remember that timeshares do not appreciate in value.

A timeshare marketing analysis which in essence means comparing prices of similar units can become vary confusing very quickly. Internet is full of both overpriced and underpriced timeshares, you'll find identical properties priced very differently. If you go this route make sure you are using reputable listing services that remove listings once properties are sold and do not over-inflate prices just to sell more listings.

Online timeshare appraisal tools can be especially helpful in setting a realistic price. These tools can be found on sites that get their data from government agencies that register timeshare transfer paperwork. They generally have years of factual resale numbers. It is important to look for an independent service that is not affiliated with any resort, developer or reseller. Getting a timeshare appraisal using one of these services is easy - you provide information about the timeshare, the service will compare your timeshare to others just like it and return a value range based on market conditions. You'll get a written confirmation of the estimate in a form of an appraisal certificate by e-mail which includes any potential tax savings from selling, renting or trading your timeshare.

Timeshare Value Calculator

Adam Schultz heads Timeshare Magazine as Editor-in-chief, overseeing the creative and editorial content for site and the publication.

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