Looking for insight on STR communities in Disney area

[Kristine Eickman]

I have owned in Windsor Hills before and am considering it again , however, I was hoping to get some insight from owners in other communities in the area. Looking specifically at Windsor Palms, Storey Lake and Reunion. Reunion and Encore are a concern as I know the management company I want and I had heard you cannot use the community amenities if you do not use theirs.

We rented a home in Champions Gate a few years back that was managed by Jeeves (one of encores management choices) and it was a nightmare.

Any first hand information from owners in any communities would be great. Just want to make sure I look at any communities that would be a good fit for us. Looking specifically for rental, although we would use it a couple of times a year.

Thanks!

[Kristine Eickman]

Originally posted by @Kyle Mccaw:

@Kristine Eickman I'm currently looking for a townhome in Windsor Hills or Storey Lake. Do you have an update to your post? Have you decided which areas to more forward with?

I have not moved forward with anything because of the insane rapid price increases in WH. When we started looking in December of last year the single family 6 bedroom’s were in the high 300K range. They are going for 200K+ more in just a short few months.  And these are homes where the mechanicals, roofs, carpet....are all 15+ years old! Comps are all over the place making it really hard to get a deal done. We have made several very fair offers in line with comps and sellers are non-responsive. Lots of greed out there right now.

We truly think waiting is the best option in this community because there are tons of new owners who bought, renovated and have no idea what they have gotten themselves into. We think those homes will hit the market in the next year. So we will likely wait for one of those. I do believe the ceiling has been hit with buyers in there as the homes on the market are sitting for long periods of time because nobody is willing to pay the crazy current listing prices.

Townhomes are a different storey in WH and are continuing to rise, simply because they are still in that price point sweet spot and people still find them somewhat reasonable. Low 300’s is still a lower price to pay for a vacation home. But they were 100K less 8 months ago.

We decided for the time being Storey Lake is not for us. The rentals prices just don’t make sense with the purchase prices.