If you’re thinking about exiting your timeshare, you’ll need to know how much it’s worth. There are several factors that tend to influence the market value of these types of properties, which your appraiser will take into account when preparing an estimate. Read on to learn more about how to determine the resale value of your timeshare.

4 Factors That Affect Timeshare Value 

1. Location

Location makes a significant difference when it comes to timeshare appraisals. If the unit is in a desirable location, such as a beach resort or casino hotel, the value will typically be higher. The location of the unit within the building also makes a difference. For example, timeshares with balcony views or beach access might let you exit for more. 

2. Type

Timeshares are available in several different types that play a role in their value. Fixed-week units require the owner to use the property at the same time every year, which makes them less flexible and valuable. Floating-week units, on the other hand, provide greater scheduling freedom, which increases their value. 

3. Size

Similarly to most real estate, the square footage and number of bedrooms will likely affect your timeshare’s value. Larger units with at least two bedrooms and one full bathroom, including kitchen, dining, and living areas, tend to list for the most consistently high amounts. 

4. Amenities

Timeshares located in resorts or complexes with amenities on the grounds usually carry more market value. These amenities may include day spas, swimming pools, boutiques, bars, restaurants, casinos, music venues, fitness centers, and laundry facilities. 

When you’re ready to exit your timeshare, get in touch with Timeshare Selling Team. They offer timeshare buyouts and exit solutions to clients throughout Ballwin, MO. Call (855) 444-9360 to speak with a representative about the details of your timeshare contract and request a property appraisal. Visit them online to learn more about how they can help you get out of your timeshare.