Seller Personal Notes - The property is very well maintained and managed. There is underground parking and the swimming pool area was recently redone and is very nice.
My unit can sleep 4 people, I believe, with the pull-out sofa. It was great for our family, with 2 younger children. Also, we went there often with 2 couples sharing the unit.
Om several occasions we used the unit to attend the Sundance Film Festival, as the unit was well located to view various films (and the cost to stay in our lodging was much cheaper than renting hotel rooms during "Sundance Week").
The Park Plaza property is easily accessible from the regional airport (within a 20-30 drive).
Park City is a year-round vacation area, with lots of hiking, cycling, golfing and lake activities available.
Park City is a great family ski area, with many choices of mountains and difficulty of ski runs. There are also very good ski schools.
We loved the location of the Park Plaza property, as I believe the shuttles to the ski hills stopped right at the property; and the Park Plaza property was well located to easily travel (by vehicle or Uber/Lyft) to restaurants, bars and other social locations.
Next use: 2026
Maintenance fees 2025: $1005.00
*Closing costs and transfer fees are to be paid by the buyer*
*Buyer to pay maintenance fees for first year of usage*
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$200.00
Annual Dues
$
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
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Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
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VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.