Airbnb & VRBO Performance in Bloomfield Indiana.

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Bloomfield, Indiana: Airbnb & VRBO Vacation Rental Market Overview

In Bloomfield, Indiana, short-term rentals are maintaining a steady performance, with an average occupancy rate of 51% and a daily rate of $111, indicating a stable and promising market for property owners.

Market overview

Bloomfield, Indiana: A Promising Outlook for Short-Term Rentals

Bloomfield, Indiana, is showcasing a robust performance in the short-term rental market, despite broader industry trends. According to recent data, short-term rentals in Bloomfield maintain an average occupancy rate of 51%, indicating a strong demand for these properties. The average daily rate stands at $111, contributing to a healthy monthly revenue of approximately $9,652. These figures suggest that Bloomfield is a viable and attractive location for vacation renters, with March typically being the peak month for bookings. This positive momentum highlights the potential for continued growth and profitability in the local short-term rental sector.

Short Term Regulations

Short-Term Rental Regulations in Bloomfield Township, Michigan (Note: There is no Bloomfield, Indiana; the regulations provided are for Bloomfield Township, Michigan, as the query might be a mix-up)

Prohibitions and Permitted Uses

  • Prohibition on Short-Term Rentals: Short-term rentals of less than 30 days are prohibited when the resident is not home.
  • Permitted Long-Term Rentals: Long-term rentals over 30 days are still permitted.

Specific Property Classifications

  • Single-Family Homes, Condominiums, and Townhomes: Short-term rentals are prohibited in these types of properties.
  • Two-Family to Five-Family Residential Dwellings: Short-term rentals are allowed only if the owner or a principal resident occupies one of the units and the property is identified as their principal residence.

Permit and Registration Requirements

  • Short-Term Rental Permit: Owners must obtain a short-term rental permit from the Township of Bloomfield Fire Department before renting or advertising the property.
  • Annual Application/Registration Fee: A nonrefundable fee of $250 is required for the permit application.
  • Compliance with Regulations: The property must comply with all applicable rules, regulations, and ordinances of the Township of Bloomfield and the State of New Jersey.

Additional Restrictions

  • On-Site Parking: Properties must maintain on-site parking for each unit based on the Residential Site Improvement Standards.
  • Noise Ordinance: No violations of the Noise Ordinance within the last two years are allowed for permit approval.
  • Zoning and Construction Compliance: No open zoning or construction permits or open zoning, construction, or code enforcement violations are allowed.
  • Tax Compliance: The applicant must be current with all Township taxes, water, and sewage charges.

Operational Limits

  • Single Short-Term Rental Contract: A dwelling unit is limited to a single short-term rental contract at a time.
  • No Advertising Signage: No advertising or identifying mechanisms, such as signage, are allowed to identify the property as a short-term rental.

Special Provisions

  • Special Event Provision: There is a special event provision for short-term rentals during events like those at the Oakland Hills Country Club.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Bloomfield, Indiana

While specific neighborhood data for Bloomfield, Indiana, is not extensively detailed in the sources, we can infer some key points about the area's appeal and potential high-revenue neighborhoods based on general trends and nearby attractions.

Neighborhoods and Their Appeal

1. Downtown Bloomfield

  • Appeal: Proximity to local amenities, shops, and community events. Guests often prefer central locations for easy access to town services and events.
  • Revenue Potential: Higher occupancy rates are typically seen in central areas due to their convenience and accessibility.

2. Areas Near Local Attractions

  • Appeal: Neighborhoods close to popular local attractions, such as parks, historical sites, or community centers, tend to attract more visitors.
  • Revenue Potential: These areas benefit from consistent demand, especially during peak months like March, April, and January, which are the top-performing months in the 47424 zip code.

3. Rural and Scenic Areas

  • Appeal: Bloomfield's rural setting and scenic landscapes make it appealing for guests looking for a peaceful getaway. Neighborhoods with views or easy access to nature trails and countryside attractions are highly sought after.
  • Revenue Potential: Properties offering unique experiences such as farm stays or rural retreats can command higher rates and attract longer stays.

General Factors Contributing to Revenue

  • Occupancy Rate: Bloomfield's short-term rentals average a 51% occupancy rate, indicating a steady demand for accommodations.
  • Daily Rate: An average daily rate of $111 suggests that guests are willing to pay a reasonable price for their stay, contributing to the overall revenue.
  • Monthly Revenue: With an average monthly revenue of $9,652, investing in the right neighborhoods can yield significant financial returns.

While specific neighborhood names are not provided, focusing on areas with central convenience, proximity to attractions, and scenic appeal can help maximize Airbnb revenue in Bloomfield, Indiana.

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Design Tips

Furnishing and Designing Your Airbnb in Bloomfield, Indiana: Tips for an Inviting Space

Define Your Aesthetic and Audience

  • Understand the local culture and style of Bloomfield, Indiana, to create a space that reflects the city's unique charm.
  • Identify your target audience, whether it's families, couples, or solo travelers, to tailor the furnishings and amenities accordingly.

Measure and Layout

  • Measure your rooms to determine the best layout, ensuring there is plenty of space to move around and natural light is not blocked.

Choose Timeless and Durable Furniture

  • Opt for sturdy, easy-to-clean furniture such as solid beds, storage beds, and sofas with washable covers. Avoid flimsy or high-maintenance materials like real or faux leather.

Neutral Color Palette

  • Use a neutral color palette for walls and large furniture pieces to create a relaxed and welcoming atmosphere. This allows guests to feel at home without being overwhelmed by bold colors.

Functional Spaces

  • Ensure each area of your property has a clear purpose, such as a well-defined reading nook, dining area, or relaxation spot. This enhances the guest’s overall experience.

Smart Storage

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

Local Touches

  • Add elements that reflect the local culture or history, such as local artwork, decorative items, or a guidebook with local recommendations. This helps guests connect with the area.

Guest Amenities

  • Stock up on essential items like toiletries, basic cooking ingredients, a first aid kit, and high-quality, durable towels. Provide a hairdryer and basic toiletries to enhance guest satisfaction.

Technology and Comfort

  • Consider adding smart home features like keyless entry, smart thermostats, or streaming devices for entertainment. Ensure high-speed internet is available, especially for business travelers and digital nomads.

Lighting and Ambiance

  • Use lighting fixtures that create a warm and inviting atmosphere. Avoid office-like lighting and opt for table lamps or floor lamps instead. Add scented candles or quality shampoo and soap to enhance the ambiance.

Accessibility and Safety

  • Ensure your Airbnb is accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms. Install smoke detectors, carbon monoxide detectors, and a first aid kit for safety.

Personal Touches Without Clutter

  • Avoid leaving personal items like clothes, photos, or overpacked bookshelves. Keep the space clutter-free and use a few carefully selected books, posters, or local artwork to add a personal touch without feeling intrusive.

Quality Kitchen Essentials

  • Equip your kitchen with essentials like a coffee maker, microwave, toaster, kettle, and a good blender. Include basic cookware, utensils, dinnerware, and items like a cutting board and measuring cups.

Workspace for Guests

  • Provide a sturdy desk and a comfortable chair for guests who need to work. Ensure good lighting and easy access to power outlets in the workspace area.
Insider Tips

Discover Bloomfield, Indiana: Local Attractions and Insider Tips

Local Attractions

1. America’s Longest Railroad Trestle (Tulip Trestle)

  • Located near the Tulip Community, this 2,307-foot long and 157-foot tall steel-girded railroad trestle is one of the longest of its kind still in use today. Enjoy the observation area for great views.

2. World’s Largest Hi-Lift Jack

  • A 20-foot tall, 2,980-pound cast iron replica jack located on West Spring St. in front of the Hi-Lift Jack Company/Bloomfield Manufacturing Company.

3. Gnome Village

  • A unique attraction featuring sculptures created from junk by a local artist. Located at 2740 N Harshman Rd, Bloomfield, IN 47424.

4. Sculpture Trails Outdoor Museum

  • Situated in Solsberry, Indiana, this museum displays over 166 large-scale sculptures along a 3-mile trail. A must-visit for art enthusiasts.

5. Goose Pond Fish & Wildlife Area

  • A significant destination for birders and hunters, featuring over 30 miles of earthen dikes, 1,400 acres of prairie, and nearly 4,000 acres of shallow water. Home to many migrating bird species and endangered species.

6. Shawnee Summer Theatre

  • Indiana’s longest-running professional summer stock theatre, operating since 1960. A great place to catch a show during the summer season.

7. Richland-Plummer Creek Covered Bridge

  • One of the best-preserved covered bridges in the state, built in 1883 and listed on the National Register of Historic Places. Located approximately 1.75 miles south of town.

8. Bloomfield Town Park

  • Features a Turn-of-the-Century Bandstand, shelter houses, playground equipment, and basketball courts. A great spot for family activities.

Insider Tips

Shopping

  • Persimmon Tree Foods and Gifts: A unique store offering a variety of items and foods. Perfect for finding local treasures.
  • Second Times the Charm: A thrift store with clothing, furniture, and community outreach programs.
  • Local Family Farm: Offers produce, plants, handcrafted items, and homemade foods. Check out their self-serve roadside stand.

Festivals and Events

  • Bloomfield Apple Festival: Held in October, featuring local produce, crafts, and a parade.
  • Barbecue, Blues, & Brews: A May event with great food, music, and drinks.
  • 4th of July Celebration: Includes a fireworks show at Bloomfield Town Park.
  • Hometown Christmas: A festive event in December with a lighted Christmas parade and lighting of the park.

Dining

  • Home of the Square Pizza: A local favorite pizza place located on South Seminary St. in Bloomfield, known for its unique square pizzas.

Outdoor Activities

  • Greene-Sullivan State Forest: While not in Bloomfield, it's worth a visit for outdoor enthusiasts. Offers various recreational activities.

By providing these local attractions and insider tips, your Airbnb guests will have a comprehensive guide to enjoy the best of what Bloomfield, Indiana, has to offer.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Bloomfield, NJ

To ensure the success of a short-term rental business in Bloomfield, NJ, several practical tips are essential to consider:

Noise Regulations and Guest Communication

Inform your guests about the local noise regulations and quiet hours to avoid any potential issues. Bloomfield has strict noise ordinances, and violations can result in permit revocation. Clearly communicate these rules in both your digital and physical house manual to set expectations.

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 all aspects of the property, ensuring guests are well-informed and can navigate the space easily.

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 access the property, along with photos of the lock and any other relevant details.

Parking Instructions

Include detailed parking instructions in your house manual, accompanied by photos to help guests understand where and how to park. This is particularly important in Bloomfield, where properties must have on-site parking for each unit.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and ensure your short-term rental business operates smoothly and in compliance with local regulations.

Local Vendors

Here is a brief list of house cleaning services in Bloomfield, Indiana:

House Cleaning Services

  • Tonya's Touch: Highly recommended for their competent and thorough house cleaning services.
  • Homeaglow: Offers professional, affordable, and background-checked house cleaners. Initial 3-hour clean starts at $19.
  • Local Listings on Care.com: Provides affordable house cleaning options starting at $15.00/hr, with listings searchable by rates, reviews, and experience.
  • HomeAdvisor Cleaning Services: Top-rated cleaning services with real reviews and ratings to help you pick the right professional.

For repair or maintenance services, the provided sources do not include specific listings, but you can typically find these services through platforms like HomeAdvisor or Angi, which often list a variety of home maintenance and repair professionals.

Management fees

Short-Term Rental Management Fees in Bloomfield, Indiana: A Guide

In Bloomfield, Indiana, 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, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that cover only the essential management tasks may incur lower fees. Additionally, property owners should be prepared for potential extra fees for services like cleaning, repairs, and design, which can add to the overall cost of managing their short-term rental properties.

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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 Bloomfield 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 Bloomfield.

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 Indiana