Airbnb & VRBO Performance in Avon Colorado.

Short-Term Rental Regulations in Avon, Colorado for 2024

Licensing and Registration

• Property owners must obtain a business license and a sales tax license to offer short-term rentals.
• Existing short-term rental license holders must re-register their licenses, fill out new applications, and pay new fees. The previously paid $75 license fee will be applied to the new fee.

License Types and Caps

• Short-term rental licenses are capped at 15% of the total number of residential units for properties outside the town core but within the short-term rental zoning overlay. The number of allowed licenses is rounded up to the nearest whole and must not be less than one.
• STR-Resident Occupied and STR-Limited licenses are not subject to the 15% licensing cap.

Geographic Boundaries

• Properties within the town core are not subject to licensing caps, while those outside the town core are subject to the 15% cap.

Management Requirements

• License holders must comply with minimum management requirements, including parking, general maintenance, occupancy maximums, and the presence of a management contact. They must inform guests of these requirements.
• Owners are responsible for ensuring safety measures such as operational carbon monoxide alarms, smoke alarms, and egress windows.

Fees

• A new tiered fee structure is in place, based on property type and use, replacing the flat $75 fee for all rentals.

Zoning and Eligibility

• Properties must be located within the Avon Short Term Rental Overlay (STRO) and comply with zoning requirements. Duplexes are excluded from the licensing cap calculation.

Taxation

• Short-term rental licensees must collect and remit all applicable taxes, including a 10% tax on the rental price (4% sales tax, 4% accommodation tax, and 2% short-term rental tax for community housing).

Advertising and Compliance

• The Avon business license number must be displayed in all advertisements for the rental property.
• Owners must ensure compliance with HOA rules if applicable and post required information for renters, including emergency phone numbers and parking information.

Enforcement and Violations

• The town’s community development department will oversee complaints, manage violations, and enforce penalties and license revocations.

Application and Renewal Process

• Applications for short-term rental licenses are reviewed every two weeks. If applications exceed available licenses, a random number drawing will be conducted to determine which applicants receive licenses. Licenses are renewable annually.
• The Community Development department will notify license holders the month prior to license expiration and provide materials for renewal.

High-Revenue Airbnb Neighborhoods in Avon, Colorado: Why They Are Appealing to Guests

Overview of Avon, Colorado

Avon, located in the heart of the Vail Valley, is a highly desirable destination for vacation renters due to its proximity to world-class ski resorts, stunning mountainous landscapes, and a variety of year-round activities.

Top Neighborhoods for Airbnb Revenue in Avon

1. Beaver Creek Area

• Why it's appealing: This area is close to the Beaver Creek Ski Resort, offering easy access to skiing, snowboarding, and other winter sports. The neighborhood also features world-class dining, shopping, and entertainment options.
• Revenue Potential: High demand during ski season drives up revenue, with average daily rates reaching up to $632.

2. Avon Center

• Why it's appealing: Located in the heart of Avon, this area provides convenient access to local amenities, including restaurants, shops, and the Avon Performance Center. It is also a short drive from Vail and Beaver Creek.
• Revenue Potential: Central location and proximity to amenities make it a popular choice, contributing to higher occupancy rates and revenue, such as an average monthly revenue of $47,423.

3. Wildridge

• Why it's appealing: This neighborhood offers a mix of residential and vacation rental properties, with many homes featuring mountain views and easy access to hiking and biking trails.
• Revenue Potential: The scenic views and outdoor recreation opportunities attract a steady stream of guests, ensuring consistent rental income throughout the year.

4. Aspen Grove

• Why it's appealing: Known for its family-friendly atmosphere, Aspen Grove is close to the Avon Recreation Center and has several parks and playgrounds. It is also within walking distance to the town center.
• Revenue Potential: The combination of family-friendly amenities and central location makes it an attractive option for families and groups, leading to higher occupancy and revenue.

Key Factors Contributing to Revenue

• High Tourism Demand: Avon's proximity to Vail and Beaver Creek ski resorts ensures a high influx of tourists during ski season, driving up demand and revenue.
• Year-Round Activities: The area offers a range of activities including festivals, concerts, hiking, and mountain biking, attracting visitors throughout the year.
• Desirable Neighborhoods: Neighborhoods with easy access to amenities, scenic views, and outdoor recreation opportunities are particularly appealing to guests, leading to higher occupancy rates and revenue.

By investing in these neighborhoods, Airbnb hosts can capitalize on Avon's strong tourism market and generate significant revenue.

Designing an Inviting Airbnb in Avon, Colorado: Tips and Considerations

Understanding Avon's Unique Style

• Avon, Colorado, is known for its rustic elegance and cozy mountain retreat vibe. Incorporate log cabin-style furniture, warm woods, and rich textures to reflect the local aesthetic.

Essential Amenities and Features

• Outdoor Spaces: Provide outdoor areas where guests can enjoy the stunning mountain scenery. This could include balconies, decks, or hot tubs.
• Luxurious Finishes: Use modern and luxurious furnishings to enhance the comfort and aesthetic of the space. High-end finishes, plush textiles, and comfortable seating arrangements are highly valued.
• Convenience: Ensure proximity to skiing slopes, shops, dining, and entertainment. Full kitchens for meal preparation are also a must.

Furniture and Decor Choices

• Multi-Functional Furniture: Opt for furniture that serves multiple purposes, such as a coffee table that can be used for eating, working, or socializing.
• Rustic Elegance: Choose furniture and decor that align with the rustic elegance theme, including earthy color palettes and artwork that reflects the Colorado scenery.

Lighting and Ambiance

• Secondary Lighting: In addition to overhead lighting, provide lamps, floor lamps, and table lamps to give guests options and create a cozy atmosphere.
• Cozy Fireplaces: Install fireplaces to create a warm and inviting atmosphere, especially after long days of skiing or outdoor activities.

Guest Comfort and Convenience

• Seating and Dining: Ensure there is enough seating for all guests in both the living room and dining area. This is crucial for a comfortable and enjoyable stay.
• Hooks and Storage: Install sturdy hooks in living rooms, bedrooms, and bathrooms to provide ample storage for guests' belongings.
• Fans and White Noise: Include fans in the bedrooms to cater to guests who prefer a breeze or white noise while sleeping.

Additional Touches

• High-Quality Bedding: Offer high-quality bedding and ensure there are enough pillows for all guests. Providing extra pillows can enhance the luxury feel.
• Full-Length Mirrors: Include full-length mirrors in the bedrooms for guest convenience.
• Local Artwork and Decor: Use local artwork and decor that pays homage to the stunning Colorado scenery to add a personal touch to the space.

Neighborhood Considerations

• Prime Locations: Invest in properties located at the base of ski slopes or close to the town center for easy access to amenities and attractions.

By incorporating these tips, you can create an inviting and luxurious Airbnb in Avon, Colorado, that reflects the city's unique style and meets the high expectations of your guests.

Discover Avon, Colorado: Local Attractions and Insider Tips

Main Attractions

Beaver Creek Resort

• A world-class ski resort offering skiing, snowboarding, and other winter activities. In the summer, enjoy hiking, mountain biking, and scenic trails.
• Use the free Gondola Express shuttle bus to access the Riverfront Express high-speed gondola to Beaver Creek Landing.

Harry A. Nottingham Park

• A 48-acre park featuring a lake for paddle boating, fishing, and swimming. It also includes walking paths, volleyball courts, and an outdoor performance venue.
• Don't miss the Salute to the USA fireworks display and other holiday events.

Walking Mountains Science Center

• An interactive nature park with exhibits on animals, plants, and the environment. Suitable for all ages, with indoor and outdoor activities.
• Check out their speaker series, sustainability initiatives, and guided tours.

EagleVail Golf Club

• Offers 18-hole and 9-hole golf courses with picturesque scenery and changes in elevation. Relax at the on-site bar and grill after your game.

Recreational Activities

Whitewater Rafting and Kayaking

• Experience whitewater rafting on the Eagle River with options for all skill levels. Avon’s Whitewater Park also offers kayaking opportunities for beginners to advanced paddlers.

Snowmobiling and ATVing

• Enjoy guided snowmobile tours or rent individual snowmobiles for a scenic Rocky Mountain adventure. For ATV enthusiasts, explore 20,000 acres of private and public land near the Castle Peak Wilderness Study Area.

Hiking and Biking

• Explore the West Avon Preserve with 11 miles of trails for biking and hiking. Other trails include the Eagle River trail, Eagle-Vail trail, and trails at Beaver Creek Point and Trailhead.

Ice Skating

• Public ice skating rinks are available at Beaver Creek Village, Vail Village, and Dobson Ice Arena. Catch a local hockey game for added fun.

Cultural and Entertainment Venues

Vilar Performing Arts Center

• Located at Beaver Creek Resort, this intimate theater hosts a variety of performances, including jazz, comedy, Broadway musicals, and family-oriented shows.

Avon Performance Pavilion

• A cultural and entertainment venue at Harry A. Nottingham Park, hosting festivals, concerts, and art events.

Insider Tips

Getting Around

• Use the free Gondola Express shuttle bus to access Beaver Creek Resort and other local attractions.

Dining

• Visit Beano’s Cabin for an upscale dining experience with gourmet organic options and fine wines, set in a picturesque Rocky Mountain meadow.

Local Events

• Attend the Salute to the USA fireworks display, annual egg hunt, Dunk-n-Dash duathlon race series, and free family movies at Lakeside Cinema.

Nearby Attractions

• Vail is just 10 minutes away, offering attractions like the Colorado Snowsports Museum, Vail Ski Resort, and Betty Ford Alpine Gardens.

By sharing these attractions and tips with your guests, you can help them make the most of their visit to Avon, Colorado.

Practical Tips to Run a Successful Short-Term Rental Business in Avon, Colorado

To ensure a smooth and successful short-term rental business in Avon, Colorado, several practical tips can be implemented. First, it is crucial to comply with the town's noise regulations by informing guests about quiet hours. This can be done through clear communication in the rental agreement and a digital or physical house manual that outlines the quiet hours and other important house rules.

Creating a comprehensive house manual is essential; it should include instructions on how to use appliances, Wi-Fi passwords, and other vital information to make the guests' stay comfortable. This manual can be both digital, accessible through a shared link or app, and physical, placed in a convenient location within the property.

A simplified check-in process can significantly enhance guest satisfaction. Utilizing smart locks eliminates the need for physical key exchanges, allowing guests to check in seamlessly. Additionally, providing detailed parking instructions accompanied by photos can help guests navigate the property easily and avoid any potential issues.

By adhering to these tips, hosts can ensure compliance with local regulations, improve guest satisfaction, and maximize the efficiency of their short-term rental operations in Avon, Colorado.

Here is a brief list of house cleaning, repair, and maintenance providers in Avon, Colorado:

House Cleaning Services

• Team Clean: Offers residential and commercial cleaning services, including carpet cleaning, janitorial services, and snow removal. They are OSHA certified and follow CDC sanitization guidelines.
• Merry Maids of Eagle County: Provides home cleaning services with 40 years of experience, serving areas including Edwards and throughout Eagle County.
• Heather's Housekeeping: Specializes in residential and commercial house cleaning, including short-term rentals like VRBO & Airbnb, in the Vail Valley area.
• Sweeping Change Vail: Offers residential and commercial cleaning services from East Vail to Gypsum, Colorado.

Additional Resources

• Care.com: Lists various house cleaning services in Avon, CO, with details on rates, reviews, and experience.

Note that while these services primarily focus on cleaning, Team Clean also provides snow removal services, which can be considered a form of property maintenance.

Avon, Colorado: Understanding Short-Term Rental Management Fees

In Avon, Colorado, the management fees for short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, maintenance, and emergency services, tends to be on the higher end of this spectrum. For example, a full-service management company might charge around 25% of the gross rental income, covering aspects like credit card fees, sales tax payment, inspections, and guest services.

On the other hand, basic services that offer fewer amenities may incur lower fees. Additionally, property owners may face extra costs for services such as cleaning, repairs, or design enhancements. These fees are part of the broader regulatory framework in Avon, which also includes new short-term rental regulations and tiered licensing fees aimed at managing the impact of short-term rentals on community housing.