Airbnb & VRBO Performance in Bardstown Kentucky.

Short-Term Rental Regulations in Bardstown, Kentucky for 2024

Key Regulations

Permit Requirement

• A short-term rental permit is required from the City of Bardstown for all rentals less than 30 days.

Zoning Compliance

• Short-term rentals must comply with all local zoning and building codes.

Lodging Tax

• Hosts must collect a lodging tax on all short-term rentals.

Fire Safety and Inspections

• Owners must contact the Fire Marshall to determine specific requirements, permitting, and inspections for their establishment.

Licensing and Registration

• Although not strictly enforced, hosts are expected to obtain and possibly display their license numbers on their Airbnb listings.

Property Management and Compliance

• Professional management companies can help ensure properties meet all local regulations, manage reservations, and provide necessary services such as cleaning and maintenance.

Additional Considerations

Personal Use of Property

• Property owners must review the management agreement and communicate any personal use plans with the management company to avoid conflicts with existing bookings or maintenance schedules.

Pet Policy

• The pet policy for homes is determined by the property owner, and management companies will follow the owner's preferences.

Seasonal and Operational Considerations

Peak Season

• The peak season for Airbnb stays is during the summer months (June, July, August) and fall months due to bourbon-related festivals and events.

Property Amenities

• Popular amenities include proximity to bourbon distilleries, outdoor recreational activities, modern amenities like high-speed internet and cable TV, and fully equipped kitchens.

Top Airbnb Revenue-Generating Neighborhoods in Bardstown, Kentucky

Neighborhoods and Their Appeal

Historic Downtown Bardstown

• Why it's appealing: The historic downtown area of Bardstown is a major draw for guests due to its charm, proximity to bourbon distilleries, and access to local attractions like the Bourbon Heritage Center, Oscar Getz Museum of Whiskey History, and the Basilica of Saint Joseph Proto-Cathedral. This area offers a unique blend of history, culture, and entertainment.

Areas Near Bourbon Distilleries

• Why it's appealing: Neighborhoods close to renowned bourbon distilleries such as the Barton 1792 Distillery and Heaven Hill Bourbon Heritage Center are highly attractive. These locations capitalize on Bardstown's reputation as the "Bourbon Capital of the World," offering guests an immersive bourbon tourism experience.

Proximity to My Old Kentucky Home State Park and Other Local Attractions

• Why it's appealing: Areas near My Old Kentucky Home State Park and other local landmarks like Wickland, Talbott Tavern, and the Civil War Museum are popular. These neighborhoods provide easy access to outdoor activities, historical sites, and cultural experiences that enhance the guest's stay in Bardstown.

Key Metrics

• Occupancy Rate: A median occupancy rate of 58% indicates a strong demand for short-term rentals in these neighborhoods.
• Average Daily Rate: An average daily rate of $173 reflects the value guests place on the unique experiences and amenities offered in these areas.
• Annual Revenue: Typical host income in Bardstown is around $37,000 per year, highlighting the profitability of investing in these neighborhoods.

By focusing on these neighborhoods, investors can leverage Bardstown's historic charm, bourbon tourism, and proximity to popular attractions to maximize their Airbnb revenue.

Furnishing and Design Tips for an Inviting Airbnb in Bardstown, Kentucky

To create an Airbnb in Bardstown, Kentucky, that is both inviting and reflective of the city's unique style, consider the following tips:

Define Your Property's Aesthetic

• Align your property's aesthetic with the local market and price tier. Bardstown, known for its historic charm and bourbon heritage, can inspire a decor that incorporates traditional and rustic elements.

Choose Timeless and Functional Furniture

• Opt for sturdy, timeless pieces that reflect the local culture. For example, use American and European antique furnishings or rustic barn wood accents to create a authentic atmosphere.

Utilize Smart Storage

• Incorporate smart storage solutions such as beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and functional.

Select Space-Saving Furniture

• Use space-saving furniture with big functionality, like sofa beds, folding tables, or ottomans with hidden storage compartments. These versatile pieces can transform the layout according to your guests' needs.

Enhance with Mirrors

• Use mirrors to make your Airbnb feel bigger and brighter, which is especially useful in smaller spaces common in historic areas.

Ensure Comfort and Cleanliness

• Choose furniture that is easy to clean and maintain. A solid bed with a durable mattress (at least 8 inches thick) and a mattress cover can ensure long-term comfort and hygiene.

Provide Essential Amenities

• Stock up on basic cookware, utensils, dinnerware, and other kitchen essentials. Include items like a cutting board, measuring cups, and a corkscrew to cater to guests who may want to cook or entertain.

Create a Work-Friendly Environment

• For business travelers and digital nomads, ensure there is a sturdy desk, a comfy chair, good lighting, and easy access to power outlets. High-speed internet and a Wi-Fi booster (if necessary) are also crucial.

Consider Accessibility

• Make your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.

Maintain a Clean and Safe Environment

• Install smoke detectors, carbon monoxide detectors, and a first aid kit. Ensure your cleaning crew is aware of any new furniture or changes in the layout to maintain cleanliness and safety.

Timing of Updates

• Plan furniture updates during the off-season or short gaps between bookings to minimize disruption and keep your place in top shape for guests.

Reflect Local Culture

• Incorporate elements that reflect Bardstown's unique culture, such as decor related to the bourbon trail, historic artifacts, or local artwork, to create a memorable and authentic experience for your guests.

Discovering Bardstown, Kentucky: Local Attractions and Insider Tips

Local Attractions

Historical Sites

• Old Talbott Tavern: A historic tavern built in 1779, known for its patronage by Daniel Boone and Abraham Lincoln, and rumored to be haunted.
• Basilica of St. Joseph Proto-Cathedral: The first Catholic church west of the Allegheny Mountains.
• Old County Jail: A historic jail offering a glimpse into the past.
• Wickland: A private residence that has been the home of three governors and is open for tours.

Museums

• Oscar Getz Museum of Bourbon History: Celebrates Bardstown's history in whiskey production.
• Bardstown-Nelson County Historical Museum: Features local history and artifacts.
• Civil War Museum: The fourth-largest Civil War museum in the United States.

Bourbon Distilleries

• Heaven Hill Bourbon Experience: One of the prominent bourbon distilleries in Bardstown.
• Bardstown Bourbon Company: Offers bourbon tours and tastings.
• Lux Row Distillers: Known for its bourbon production and tours.
• Preservation Distillery: Another notable distillery in the area.
• Log Still Distillery: Provides a unique bourbon experience.

Parks and Recreation

• My Old Kentucky Home State Park: Home to the Federal Hill mansion and the outdoor musical "The Stephen Foster Story".
• Dean Watts Park: A local park offering recreational activities.

Other Attractions

• Abbey of Gethsemani: A monastery known for its peaceful surroundings and historical significance.
• Kentucky Railway Museum: Features historic trains and offers train rides.
• Bardstown Historic District: Listed on the National Register of Historic Places, offering a historic walking tour.

Insider Tips

Dining

• Toogie’s Table: Known for its local cuisine and cozy atmosphere.
• Mammy’s Kitchen: Offers traditional Southern cooking.
• The Rickhouse Restaurant: A great place for bourbon and dining.
• Hadorn’s Bakery: A local favorite for baked goods.

Bars & Pubs

• Scout & Scholar Brewing Co.: A brewery and pub with a variety of beers and food.
• Old Talbott Tavern Bar: A historic bar with a rich history and atmosphere.
• Volstead Bourbon Lounge: A lounge specializing in bourbon and cocktails.

Events

• Kentucky Bourbon Festival: An annual festival celebrating bourbon, designated as Kentucky's official bourbon festival.
• Historic Downtown Walking Tour: Explore the charming downtown area and its historic sites.

Shopping

• Making Good Scentz: A unique shop offering handmade candles and other local products.
• The Blind Boar Shanty: A shop with a variety of local goods and souvenirs.

Hidden Gems

• Springhill Winery: A local winery offering wine tastings and tours.
• Bernheim Arboretum and Research Forest: A beautiful forest with hiking trails and scenic views.

By sharing these attractions and insider tips, you can help your guests make the most of their visit to Bardstown, Kentucky, and experience the city's rich history, culture, and hospitality.

Practical Tips to Run a Successful Short Term Rental Business in Bardstown, Kentucky

To ensure the success of a short-term rental business in Bardstown, Kentucky, several practical tips can be implemented to enhance the guest experience and comply with local regulations.

Noise Regulations and Quiet Hours

Inform your guests about quiet hours to maintain a peaceful environment, especially in residential areas. Include clear guidelines on noise levels in your digital and physical house manual to avoid any potential issues.

Digital and Physical House Manual

Create a comprehensive house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should be both digital, accessible through a shared link or app, and physical, placed in a convenient location within the property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide detailed instructions on how to use the smart locks and include parking instructions with photos to help guests navigate the property easily.

Compliance with Local Regulations

Ensure you comply with Bardstown's local regulations, including obtaining the necessary business license, paying the annual fee, and collecting the 3% transient room tax from guests. Stay updated on zoning laws and building codes to avoid any legal issues.

By implementing these strategies, you can enhance guest satisfaction, reduce potential conflicts, and maximize your rental income in Bardstown, Kentucky.

Here is a brief list of house cleaning providers in Bardstown, Kentucky:

House Cleaning Services in Bardstown, KY

S & P Cleaning Service, Inc.

• Primarily offers commercial cleaning services, but may also cater to residential needs.
• Services include restrooms, floors, and general cleaning.

Bourbon City Cleaning Services

• Provides both commercial and residential cleaning services.
• Located at 106 Jones Ave, Ste. 136, Bardstown, KY 40004.

Sparkling and Beyond

• Offers professional residential cleaning services.
• Uses state-of-the-art equipment and has years of experience.

Various Local House Cleaning Services

• Several other local house cleaning services are available, with rates ranging from $30 to $50 per hour.
• These services can be found through listings and reviews on platforms like Care.com and Angie's List.

Short-Term Rental Management Fees in Bardstown, Kentucky: A Comprehensive Overview

In Bardstown, Kentucky, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as Summer and RedAwning, which handle all aspects including guest communication, marketing, and maintenance, tend to charge fees on the higher end of this spectrum, often around 20% to 25% of the rental income.

Basic service packages, which may only include limited support, can be less expensive but still fall within this range. Additionally, hosts may incur extra fees for services like cleaning, repairs, and professional design or furnishing of the rental property. These additional costs can impact the overall profitability of the rental but are often necessary to maintain a high-quality guest experience and ensure compliance with local regulations.