What typically happens to the value of an individual timeshare over time?

Timeshares typically decrease in value over time due to several market factors. When an individual purchases a timeshare, they are often paying a premium price based on the perceived value of future vacations at that specific property. However, once the initial excitement fades, the resale market for timeshares is often very weak, as many owners find it difficult to sell their timeshares. This results in a surplus of available timeshares on the market, which drives prices down.

Moreover, the initial cost does not usually account for ongoing maintenance fees and other annual expenses, which can add up over time and discourage potential buyers. Additionally, trends in travel, changes in consumer preferences, and the availability of alternative vacation options can further impact the attractiveness of owning a timeshare, leading to lower resale values.

As a result, the typical trend for timeshares is a decrease in value rather than appreciation or stability. Fluctuations may happen due to various market conditions, but the overall trend remains a decline in worth for individual timeshare properties.