Airbnb & VRBO Performance in Bayse Virginia.

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Bayse, Virginia: Airbnb & VRBO Vacation Rental Market Overview

Short-term rentals in Basye, Virginia are thriving, with an average occupancy rate of 41-52%, daily rates ranging from $177 to $228, and monthly revenues of up to $20,305, making it a highly successful and lucrative market for hosts.

Market overview

Thriving Short-Term Rentals in Basye, Virginia: A Haven for Travelers

Basye, Virginia, is experiencing a robust performance in its short-term rental market, making it an attractive destination for travelers and a lucrative venture for property owners. With an average occupancy rate of 41% to 52% throughout the year, these rentals are in high demand, particularly given the area's rich outdoor activities such as skiing, hiking, and mountain biking at Bryce Resort.

The average daily rate for these rentals stands at approximately $177 to $228, reflecting the premium experience offered by these properties. This combination of strong occupancy and high daily rates results in significant revenue, with monthly earnings averaging around $20,305. This data underscores Basye's popularity as a vacation spot and the financial viability of short-term rentals in the area.

Short Term Regulations

Short-Term Rental Regulations in Basye, Virginia for 2024

General Requirements

  • Special Use Permit: All short-term rental properties must obtain a Special Use Permit, which involves a public hearing and approval from the Board of Supervisors.

Registration and Licensing

  • Local Registry: Localities can establish a short-term rental registry and require operators to register annually. However, property owners who are licensed by the Real Estate Board or represented by a real estate licensee are exempt from this requirement.

Taxes and Fees

  • Transient Occupancy Tax: Hosts must collect and remit a 5% Transient Occupancy Tax from guests, which is used to fund tourism promotion in the area.

Health and Safety Regulations

  • Smoke Detectors and Fire Extinguishers: Smoke detectors must be installed in all locations as identified in the Uniform Statewide Building Code, and fire extinguishers must be provided and visible in all kitchen and cooking areas.
  • Emergency Exit Routes: Properties must comply with requirements for emergency exit routes.

Sanitary Facilities

  • Approved Sanitary Facilities: All rentals, including non-dwellings, must have approved sanitary facilities as approved by the Virginia Department of Health. Portable bathrooms are prohibited.

Emergency Information

  • Emergency Contact Information: Emergency information, including contact details for the party responsible for managing the rental, must be conspicuously posted inside the property.

Parking

  • Off-Street Parking: Off-street parking must be provided in accordance with local regulations.

Penalties for Non-Compliance

  • Fines and Permit Revocation: Violations of these regulations can result in fines or the revocation of the Special Use Permit. A penalty not to exceed $500 per violation can be imposed for operators who fail to register their properties.

Additional Local Authority

  • Local Zoning Authority: Localities retain the authority to regulate short-term rentals through general land use and zoning authority, except as specifically limited by state law.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Virginia Beach, Virginia

1. Seatack

  • Average Revenue: $36.4K per year
  • Average Daily Rate: $229.8 per night
  • Average Occupancy Rate: 55%
  • Average RevPAR: $127

Seatack is appealing due to its vibrant community, blend of coastal charm and urban convenience, and strong sense of community. The neighborhood hosts events like the annual Seatack Community Day, and its well-maintained streets and sidewalks make it easy to navigate. It offers easy access to major highways, public transportation, and various amenities.

2. Princess Anne Plaza

  • Average Revenue: $35K per year
  • Average Daily Rate: $165.9 per night
  • Average Occupancy Rate: 74%
  • Average RevPAR: $113.2

Princess Anne Plaza is attractive due to its prime location near the Virginia Beach Boardwalk and the city's central business district. The neighborhood offers a diverse range of amenities, well-maintained streets, and easy access to major highways and public transportation. Its high occupancy rate makes it a promising real estate opportunity.

3. Thoroughgood

  • Average Revenue: $37.5K per year
  • Average Daily Rate: $185.5 per night
  • Average Occupancy Rate: 65%
  • Average RevPAR: $133.8

Thoroughgood stands out with its picturesque streets, strong sense of community, and suburban tranquility combined with urban convenience. Located near the Virginia Beach Oceanfront and major highways, it offers easy access to top-rated schools, grocery stores, and shopping centers. The neighborhood's well-maintained infrastructure adds to its appeal.

4. The Oceanfront District

  • This area is highly sought after for its direct access to the beach, boardwalk, and various attractions such as theme parks, seafood restaurants, and breweries. Guests enjoy the vibrant atmosphere with festivals, live music, and shopping. The proximity to the Virginia Museum of Contemporary Art and other local attractions makes it a favorite among tourists.

5. The ViBe District

  • Located near the Oceanfront, the ViBe District is known for its art studios, small shops, murals, and a vibrant community. It offers quick access to the boardwalk and its amenities, making it an ideal spot for those who want to be close to the action but also experience a unique, creative community.
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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in Basye, Virginia

Understand the Local Appeal

  • Basye, Virginia, is known for its natural beauty and proximity to outdoor activities such as skiing, hiking, and golfing. Reflect this in your design by incorporating elements that highlight the area's unique characteristics.

Choose Appropriate Furniture and Decor

  • Opt for comfortable and luxury furnishings that cater to both relaxation and functionality. This includes high-quality mattresses, well-appointed kitchens, and cozy living areas.
  • Incorporate modern and rustic elements to blend with the mountainous and natural surroundings of Basye.

Emphasize Comfort and Convenience

  • Ensure the space is equipped with amenities such as high-speed WiFi, fully stocked kitchens, and comfortable seating areas. These features are crucial for creating a welcoming and practical environment.

Utilize Outdoor Spaces

  • Basye's natural beauty is a major draw. Enhance outdoor spaces with features like hot tubs, fire pits, and multiple decks or patios to allow guests to enjoy the scenery.

Incorporate Local Touches

  • Add unique decor that reflects the local culture and history of the area. This could include items that highlight the region's outdoor activities, local art, or historical elements.

Balance Modern and Classic Styles

  • Use a blend of modern and classic design styles to create a sophisticated yet cozy atmosphere. This can include contemporary furniture with timeless elements such as neutral color palettes and quality materials.

Pay Attention to Lighting and Textures

  • Use natural light to your advantage by incorporating large windows and bright interiors. Add warmth with textiles like shag rugs, comfortable throw blankets, and plush furnishings.

Create a Cozy Ambiance

  • Use elements like electric fireplaces, rainfall shower heads, and well-designed living spaces to create a cozy and inviting ambiance. This will make guests feel at home and enhance their overall experience.

Consider Statement Pieces

  • Invest in statement pieces such as a stylish coffee table, a comfortable sofa, or a unique dining table to define the space and create a memorable stay for guests.

Add Personal Touches

  • Include personal touches such as local artwork, unique decorative items, and thoughtful amenities like welcome baskets or local guides to make the space feel more personalized and welcoming.
Insider Tips

Discover Basye, Virginia: Local Attractions and Insider Tips

Local Attractions

Bryce Resort

  • A core attraction in Basye, offering skiing, snowboarding, and a top-rated ski and snowboard school in the winter.
  • Features an 18-hole par 71 golf course, mountain biking trails, summer tubing, and a lake with paddle boats, swimming, and fishing.

Lake Laura

  • A 44-acre pond with a boat ramp, known for its high-density largemouth bass population. Managed by the Virginia Department of Game and Inland Fisheries.

Shenandoah National Park

  • Located just under an hour away, offering hiking trails, cascading waterfalls, spectacular vistas, and diverse wildlife.

Shenandoah Valley Wine Trail

  • Features several nearby vineyards such as Muse Vineyards, Cave Ridge Vineyard, Winery at Kindred Pointe, Wolf Gap Vineyard, and Shenandoah Vineyards. Perfect for wine tastings and tours.

Shenandoah Spirits Trail

  • Includes local breweries, wineries, and cideries like Pale Fire Brewing Co., River Hill Distillery, Bluestone Vineyard, and Swover Creek Brewery. Ideal for craft beverage enthusiasts.

Luray Caverns

  • A historic cave system about 30 minutes from Basye, known for its intricate and beautiful formations.

Woodstock

  • A charming town 30 minutes away, offering breweries, restaurants, and cultural attractions like the Woodstock Brewhouse and Woodstock Cafe.

Harrisonburg

  • A college town about 45 minutes south, featuring a variety of breweries, restaurants, and recreational activities.

Insider Tips

Outdoor Activities

  • Take advantage of the lift-accessed mountain biking at Bryce Bike Park, a unique feature in Virginia.
  • Enjoy summer tubing and disc golf at Bryce Resort for a fun family outing.

Local Culture

  • Visit the Basye-Orkney Springs Community Library for local events and community activities.

Dining and Entertainment

  • Relax at the Copper Kettle or the restaurant at Bryce Resort for live entertainment on weekends.
  • Explore the farm-to-table dining options in the Shenandoah Valley for fresh and local cuisine.

Day Trips

  • Plan a day trip to Shenandoah National Park for hiking and scenic views.
  • Visit nearby attractions like Luray Caverns and Shenandoah Caverns for a unique cave exploration experience.

Seasonal Activities

  • In the winter, enjoy skiing, snowboarding, and tubing at Bryce Resort.
  • In the summer, engage in swimming, tennis, and grass skiing at the resort.

By providing these local attractions and insider tips, your Airbnb guests can fully experience the beauty and adventure that Basye, Virginia, has to offer.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Basye, Virginia

To ensure the success of a short-term rental business in Basye, Virginia, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.

Noise Regulations and Guest Communication

Inform guests about quiet hours and noise regulations enforced by Shenandoah County. Clearly communicate these rules in the listing description and within a digital and physical house manual to avoid any misunderstandings or violations.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should cover everything from appliance usage to emergency contact details, ensuring guests have all the information they need at their fingertips.

Simplified Check-in Process

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

Additional Tips

  • Ensure compliance with health and safety regulations, including the installation of smoke detectors, fire extinguishers, and clear emergency exit routes.
  • Maintain high standards of cleanliness and upkeep, as guests in Basye often have high expectations due to the area's reputation as a vacation destination.
  • Offer popular amenities such as fire pits, BBQ grills, outdoor seating areas, and proximity to local attractions like Bryce Resort and the George Washington National Forest to attract more guests.
Local Vendors

Here is a brief list of house cleaning services and other related providers in Basye, Virginia:

House Cleaning Services

  • Turno: Offers residential, commercial, and short-term rental cleaning services with over 15 years of experience.
  • Homeaglow: Provides professional, affordable, and background-checked house cleaners. They also offer same-day cleaning services.
  • Sparkling and Beyond: Offers standard cleaning services for commercial and residential properties.

Maid Services

  • HomeAdvisor Maid Services: Allows you to compare and hire from top-rated maid services in Basye, VA, with homeowner reviews and instant booking options.

For repair or maintenance services, the provided sources do not specify any providers in Basye, VA. However, you can check general service platforms like HomeAdvisor or local listings for such services.

Management fees

Short-Term Rental Management Fees in Basye, Virginia: A Range of Services and Costs

In Basye, Virginia, the fees for managing short-term rentals, such as those on Airbnb, typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle comprehensive tasks including guest communication, marketing, and maintenance, usually charge fees at the higher end of this spectrum, often starting at 15% to 25% of the rental income.

In contrast, basic or half-service management options, which may leave some responsibilities to the property owner, can be more affordable, starting as low as 10%. Additional fees may apply for services such as cleaning, repairs, and design enhancements. These fees are generally billed separately and can vary based on the specific needs and amenities of the property. Transparency in billing and contract terms is key, with many companies providing detailed monthly statements and flexible contract options.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Bayse should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Bayse.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Virginia