Airbnb & VRBO Performance in Broken Bow Nebraska.

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Broken Bow, Nebraska: Airbnb & VRBO Vacation Rental Market Overview

It appears there might be some confusion, as the information provided is about Broken Bow, Oklahoma, rather than Nebraska. Here is a summary based on the data for Broken Bow, Oklahoma:

Despite recent market challenges, Broken Bow, Oklahoma, still maintains a robust short-term rental market with a median occupancy rate of 47% and an average annual host income of $45,000, although the market has experienced a cooling due to increased competition and economic factors.

Market overview

Thriving Short-Term Rentals in Broken Bow, Oklahoma: A Profitable Venture

Despite some recent market adjustments, the short-term rental market in Broken Bow, Oklahoma, remains a lucrative investment opportunity. With a median occupancy rate of 47%, indicating that typical listings are booked for 172 nights a year, the demand for short-term rentals is robust. The average daily rate stands at $277, contributing to an average annual host income of $45,000. The lenient regulations in the area continue to support the growth of this market, although investors should be aware of the recent increase in competition and slight decrease in nightly rates due to economic conditions. Nonetheless, the overall stability and profitability of short-term rentals in Broken Bow make it an attractive choice for investors.

Short Term Regulations

Short-Term Rental Regulations in Broken Bow, Nebraska for 2024

While Broken Bow, Nebraska, particularly the Hochatown area, has relatively lax regulations compared to other locations, here are some key points and regulations that apply or are relevant to short-term rentals in the area:

General Regulations

  • No Permit Requirement: As of early 2022, there is no current need to obtain a short-term rental permit in the unincorporated Hochatown area of Broken Bow.

State and Local Compliance

  • Nebraska State Law: Municipalities in Nebraska cannot ban short-term rentals outright, but they can regulate for public health and safety, including fire codes, health and sanitation, traffic, and waste control. This is governed by Nebraska law, specifically Statute 18-1758.

Zoning and Land Use

  • Zoning District Regulations: Although there are no specific permits required for short-term rentals in Broken Bow, hosts must still comply with general zoning district regulations as outlined by state and local laws. These regulations ensure that short-term rentals are treated equally to other similar residential properties.

Health and Safety

  • Fire, Health, and Sanitation Requirements: While there are no specific local ordinances in Broken Bow, hosts are expected to adhere to general health, safety, and sanitation standards to ensure a safe and welcoming environment for guests.

Construction and Maintenance

  • Construction Standards: Since the area is unincorporated, there is no permitting for construction, which means construction standards may vary and are not subject to inspections. This can impact the quality and safety of the properties.

Financial and Tax Obligations

  • Taxes: Although there are no specific local regulations in Broken Bow, hosts are generally required to comply with state and local tax laws, including sales and occupation taxes on short-term rentals.

Community Considerations

  • Neighborhood Integrity: While not strictly regulated, hosts should be mindful of neighborhood covenants and community standards to maintain harmony within residential areas.

Operational Management

  • Regular Maintenance: Short-term rental properties need to be maintained and cleaned regularly to ensure they remain in good condition for guests.

By understanding these regulations and considerations, hosts in Broken Bow, Nebraska, can ensure they operate their short-term rentals in compliance with both state and local requirements.

Neighborhood Performance

Title: Top Neighborhoods for Airbnb Revenue in Broken Bow, Oklahoma

Note: Broken Bow is located in Oklahoma, not Nebraska.

Neighborhoods and Attractions Generating High Airbnb Revenue in Broken Bow, Oklahoma

1. Beavers Bend State Park Area

  • This area is highly appealing due to its proximity to Beavers Bend State Park, which offers outdoor activities such as hiking, fishing, and boating. The scenic beauty and recreational opportunities make it a favorite among tourists.

2. Broken Bow Lake Area

  • Located near Broken Bow Lake, this area attracts guests who enjoy water sports, fishing, and lake views. The serene environment and various lake activities make it an ideal spot for vacationers.

3. Hochatown State Park Area

  • Hochatown is a popular destination due to its vibrant atmosphere, with numerous shops, restaurants, and entertainment options. Its proximity to Hochatown State Park adds to its appeal, offering guests a mix of nature and local culture.

4. Girls Gone Wine and Mountain Fork Brewery Area

  • This area is attractive for guests interested in local wineries and craft breweries. The presence of Girls Gone Wine and Mountain Fork Brewery provides unique experiences for those looking to taste local flavors.

5. Rugaru Adventures and Forest Heritage Center Museum Area

  • Guests are drawn to this area for the adventure activities offered by Rugaru Adventures, such as ziplining and hiking. The Forest Heritage Center Museum adds an educational and cultural dimension, making it a well-rounded destination.

6. Cedar Creek Golf Course and David Boren Hiking Trail Area

  • This area is appealing to golf enthusiasts and nature lovers. The Cedar Creek Golf Course offers a challenging and scenic golfing experience, while the David Boren Hiking Trail provides opportunities for hiking and exploring the natural beauty of the area.

7. Vojai's Winery Area

  • Vojai's Winery is another local attraction that draws guests interested in wine tastings and vineyard tours. The area's winery and the surrounding scenic views make it a relaxing and enjoyable destination.

These neighborhoods are highly profitable for Airbnb due to their proximity to popular attractions, natural beauty, and the variety of activities they offer, making them highly appealing to guests.

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Design Tips

Furnishing and Design Tips for an Airbnb in Broken Bow, Nebraska

To create an inviting and authentic Airbnb space in Broken Bow, Nebraska, consider the following tips that reflect the city's unique blend of historic charm and modern amenities.

Embrace Local History and Culture

  • Incorporate elements that honor the town's history, such as vintage photographs of Broken Bow, especially those featuring the historic town square and the Sandhills Journey Scenic Byway.
  • Use decor items that reflect the town's ranching and agricultural heritage, like rustic farm tools or vintage cattle branding irons.

Utilize Natural and Rustic Materials

  • Choose furniture made from natural materials such as wood, especially pine or oak, which are common in the region.
  • Incorporate rustic elements like reclaimed wood, stone, or brick to give the space a warm and authentic feel.

Reflect the Sandhills Landscape

  • Use a color palette inspired by the Sandhills region, including earthy tones such as greens, browns, and blues that mirror the natural landscape.
  • Add decorative items like potted plants or vases with wildflowers to bring the outdoors in.

Support Local Artisans

  • Decorate with artwork and crafts from local artists, which can be found at places like the Wild Rose Art Gallery.
  • Include handmade items such as quilts, pottery, or woodcarvings to add a personal touch.

Maintain a Cozy and Welcoming Atmosphere

  • Ensure the space is well-lit with a mix of overhead lighting and warm, cozy lamps.
  • Use plush textiles like throw blankets and pillows in warm, earthy colors to create a comfortable and inviting atmosphere.

Highlight Community Pride

  • Display local maps, brochures, and guides to help guests explore the area and appreciate its unique attractions, such as the Sandhills Journey Scenic Byways Interpretive Center.
  • Leave a welcome book with recommendations for local eateries, shops, and events to make guests feel part of the community.

Blend Modern Amenities with Historic Charm

  • Balance historic decor with modern amenities like Wi-Fi, smart TVs, and comfortable bedding to ensure guests have a convenient and enjoyable stay.
  • Consider restoring or repurposing historic pieces of furniture to blend seamlessly with modern comforts.

Create a Sense of Community

  • Include a guestbook or a community board where guests can leave notes and recommendations for future visitors.
  • Provide a list of local events and community activities, such as those held at the town square or the Custer County Fairgrounds.

By following these tips, you can create an Airbnb space in Broken Bow, Nebraska, that not only reflects the city's unique style but also makes guests feel welcome and connected to the local community.

Insider Tips

Discovering Broken Bow, Nebraska: Local Attractions and Insider Tips

Local Attractions

Downtown Broken Bow

  • City Square: A quaint and charming area with renovated streets, sidewalks, and a historic bandstand. It features the Broken Bow Library, which has undergone a recent expansion and renovation.
  • Custer County Museum: Located on the west side of the Historic Downtown Square, offering genealogical information and the Solomon Butcher Photo Gallery. Open year-round with varying hours depending on the season.
  • Wild Rose Art Gallery: Dedicated to promoting regional artists, located on the east side of the Historic Downtown Square.

Entertainment

  • Fox Theater: A tastefully remodeled theater with three movie screens, close to the city square.
  • Pleasure Lanes: A bowling alley perfect for family fun and league action.

Outdoor Activities

  • Tomahawk Park: Offers outdoor tennis courts, picnic shelters, basketball court, playground equipment, and tent camping sites with full hook-ups. Also features the Melham Wellness Center with indoor tennis/basketball courts.
  • Broken Bow Golf Club: A 9-hole golf course with rental golf carts and a driving range. Also hosts Cornhole Tournaments.
  • Broken Bow Aquatic Center: A great place to cool off during the summer.

Community Events and Facilities

  • Custer County Fairgrounds: Hosts various events including the Custer County Fair, DC Lynch Carnival, and rodeo events. A bustling facility with new building constructions and upgrades.
  • Nebraska One Box Gun Club: A shooting facility offering skeet, trap, and sporting clays. Features a large clubhouse with a fully equipped kitchen.

Scenic and Educational Sites

  • Sandhills Journey National Scenic Byway Interpretive Center: Located in a fully restored barn, providing information and maps for travelers.
  • Victoria Springs State Recreation Area: While not in Broken Bow itself, it's a nearby attraction offering year-round fishing and other outdoor activities.

Insider Tips

Dining and Shopping

  • Local Dining: Check out the list of great places to eat in Broken Bow, offering a variety of culinary experiences.
  • Shopping: Explore the retail stores around the city square and other parts of town for unique shopping experiences.

Accommodation and Amenities

  • Hotels and Motels: Provide guests with a list of available hotels and motels in the area for future reference.
  • Library and Community Facilities: Inform guests about the state-of-the-art Broken Bow Library and its conference rooms available for meetings and special events.

Recreational Activities

  • Park Information: Direct guests to Tomahawk Park for various recreational activities and the Broken Bow Aquatic Center for a refreshing swim.
  • Golfing: Recommend the Broken Bow Golf Club for golf enthusiasts, highlighting its public access and amenities.

Community Events

  • Fairgrounds and Festivals: Inform guests about upcoming events at the Custer County Fairgrounds, such as the Custer County Fair and rodeo events.
  • Local Culture: Encourage guests to visit the Custer County Museum and the Wild Rose Art Gallery to immerse themselves in local history and art.

By providing these attractions and insider tips, you can enhance your guests' experience and help them make the most of their visit to Broken Bow, Nebraska.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Broken Bow, Oklahoma

To run a successful short-term rental business in Broken Bow, Oklahoma, several practical tips can enhance the guest experience and streamline operations. Here are some key considerations:

Noise Regulations and Quiet Hours

Inform your guests about quiet hours and local noise regulations to maintain a peaceful environment. Include this information in your digital and physical house manual to ensure guests are aware of the expectations.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from how to use appliances to emergency contact numbers, helping guests navigate the property with ease.

Simplified Check-in Process

Utilize smart locks to simplify 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 parking instructions with photos in your house manual to help guests find and use the designated parking areas. This can prevent confusion and ensure that guests park in the correct spots, avoiding any potential issues with neighbors or local authorities.

By implementing these tips, you can create a seamless and enjoyable experience for your guests, which can lead to positive reviews and repeat bookings, ultimately contributing to the success of your short-term rental business in Broken Bow, Oklahoma.

Local Vendors

Here is a brief list of house cleaning providers in Broken Bow, Nebraska:

House Cleaning Providers in Broken Bow, NE

1. Sparkling and Beyond

  • Offers professional deep cleaning services for houses, businesses, and commercial properties.

2. K Cleaning, LLC

  • Provides cleaning and maid services, prescreened by HomeAdvisor.

3. House Cleaners Listed on Angi

  • A list of various house cleaners in Broken Bow, NE, with reviews and ratings available on Angi.

4. Kirkpatrick Cleaning Solutions, Inc.

  • Offers carpet cleaning and other cleaning services, though their website is currently inaccessible from some locations.
Management fees

Short-Term Rental Management Fees in Broken Bow, Nebraska

Managing a short-term rental property in Broken Bow, Nebraska, involves various costs that can significantly impact your revenue. Typically, property management fees for short-term rentals in this area range 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, often ranging between 20% to 30% of the rental income. In contrast, basic services may incur lower fees. Additionally, property owners may need to consider extra fees for services like cleaning, repairs, and design, which can further affect the overall management costs.

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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 Broken Bow should generate as a short term rental and look at the performance of properties around yours.

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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 Broken Bow.

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 Nebraska