The short-term rental market in Ellicottville, New York, is thriving, driven by the town's year-round appeal for outdoor activities, festive events, and a range of desirable amenities that attract a steady stream of visitors throughout the seasons.
Thriving Short-Term Rental Market in Ellicottville, New York
Ellicottville, New York, continues to excel as a vibrant destination for short-term rentals, driven by its year-round appeal and diverse outdoor activities. The town's renowned ski resorts make the winter months, particularly December through March, a peak season with high demand and optimized rental income. While summer months see a slight decrease in demand, the fall season brings a resurgence of visitors attracted by the spectacular autumn foliage and the annual Fall Festival.
Properties that offer amenities such as ski-in/ski-out access, secure storage for sports equipment, and hot tubs are highly sought after, contributing to higher occupancy rates. The competitive market, featuring a mix of luxury chalets, cozy cabins, and downtown apartments, ensures that hosts can capitalize on the town's seasonal trends. Although specific average daily rates are not provided, the emphasis on catering to seasonal activities and the town's overall charm suggest a robust and profitable short-term rental market in Ellicottville.
Short-Term Rental Regulations in Ellicottville, New York for 2024
General Requirements
- Licensing: Short-term rental hosts must obtain a Short-Term Rental (STR) license to operate. Failure to obtain a license may result in penalties.
Licensing Fees
- The annual fee for a short-term rental license varies based on the number of bedrooms:
- Studio unit: $75.00
- One-Bedroom Unit: $125.00
- Two-Bedroom Unit: $150.00
- Three-Bedroom Unit: $175.00
- Four or more Bedroom Unit: $200.00
- Grandfathered units: $200.00.
Registration and Permitting
- Hosts must apply for a special use permit to operate on an annual basis. This involves registering the property with the town and obtaining the necessary permits.
Local Contact Requirement
- For properties owned by non-local individuals or companies, a local contact person must be designated to handle complaints and issues.
Complaint and Permit Reissue
- If there are a high number of complaints, the town may decide not to reissue the permit for the rental the following year.
Prohibited Rentals
- The rental of any residential property for a duration under 30 days is prohibited unless the required permits are obtained.
Public Listings
- The Village of Ellicottville will post monthly updates on the current short-term rental properties that are permitted within the village on their official website.
Compliance with Other Rules
- Hosts must comply with other contracts or rules such as leases, condo board or co-op rules, HOA rules, or rules established by tenant organizations.
Ongoing Regulatory Development
- The Town of Ellicottville is in the process of drafting a local law to regulate the short-term rental process, with a goal of completion by January 2025. This will include opportunities for public comments and hearings.
Top Neighborhoods for Airbnb Revenue in Ellicottville, New York
1. Ski Resort Areas
- Neighborhoods close to Ellicottville's renowned ski resorts, such as Holiday Valley and HoliMont, generate significant Airbnb revenue. These areas are highly appealing during the winter months (December through March) due to their ski-in/ski-out access, secure storage for sports equipment, and amenities like hot tubs for post-adventure relaxation.
2. Downtown Ellicottville
- Properties within walking distance to Ellicottville's charming downtown area are in high demand. This neighborhood offers easy access to shops, restaurants, and local festivals, making it attractive to families, couples, and solo travelers seeking a quaint, small-town experience.
3. Areas with Proximity to Outdoor Activities
- Neighborhoods near hiking and biking trails, as well as those offering outdoor spaces for barbecuing and fire pits, are highly sought after during the summer and fall seasons. These areas cater to guests looking to enjoy the town's outdoor activities and scenic beauty, including the spectacular autumn foliage and the annual Fall Festival.
4. Luxury Chalet and Cabin Areas
- Neighborhoods featuring luxury chalets and cozy cabins are popular among guests seeking a more secluded and luxurious stay. These properties often come with amenities such as private hot tubs, fireplaces, and expansive outdoor spaces, making them appealing for those looking for a premium vacation experience.
Why They Are Appealing
- Seasonal Activities: Ellicottville's year-round appeal, with ski resorts in winter, hiking and biking in summer, and the Fall Festival in autumn, makes it a versatile destination.
- Amenities: Properties offering amenities tailored to seasonal activities, such as ski storage and hot tubs in winter, and outdoor spaces in summer, significantly increase their appeal.
- Small-Town Charm: The town's historic feel, variety of shops, and local restaurants add to its charm, making it an attractive destination for various types of travelers.
- Proximity to Attractions: Locations close to ski resorts, hiking trails, and downtown amenities ensure guests have easy access to the activities and experiences they are looking for.
Crafting an Inviting Airbnb in Ellicottville, New York: Design and Furnishing Tips
Embrace the Local Charm
- Incorporate elements that reflect Ellicottville's charming ski town and rural ambiance. Use rustic materials like wood, stone, and natural textiles to create a cozy and welcoming atmosphere.
Highlight Local Art and Craftsmanship
- Decorate with local artwork, sculptures, or crafts that can be found in places like Griffis Sculpture Park or the various boutiques in the village. This adds a unique touch and supports the local community.
Incorporate Nature-Inspired Elements
- Bring the outdoors in by using nature-inspired colors, patterns, and decor. This can include earthy tones, botanical prints, and natural fiber rugs, reflecting the beautiful surroundings of Ellicottville.
Cozy Up with Winter Warmth
- Given Ellicottville's reputation as a ski town, ensure your Airbnb is warm and inviting. Include features like fireplaces, plush throw blankets, and comfortable seating areas to make guests feel at home during the colder months.
Blend Modern Comfort with Rustic Charm
- Balance modern amenities with rustic charm. Use contemporary furniture with a rustic twist, such as reclaimed wood pieces or vintage decor, to create a unique and inviting space.
Celebrate Local Culture
- Add touches that celebrate Ellicottville's culture, such as displaying local maps, historical photographs, or items related to the town's history and ski resorts like Holiday Valley and HoliMont.
Create a Welcoming Ambiance
- Use lighting and textiles to create a warm and welcoming ambiance. Soft lighting, comfortable bedding, and cozy throw pillows can make a significant difference in how inviting the space feels.
Functional yet Stylish Storage
- Since many guests will be bringing ski gear or other outdoor equipment, ensure there is ample and stylish storage. Use rustic storage units or built-in shelving to keep the space organized and clutter-free.
Local Flavors in the Kitchen
- Equip the kitchen with local specialties and gourmet items that guests can enjoy. This could include artisanal foods, local wines, or craft beers from places like Ellicottville Brewing Company or Ellicottville Distillery.
Outdoor Spaces
- If your Airbnb has an outdoor space, make the most of it. Add a patio or balcony with comfortable seating, and consider adding a fire pit or outdoor heater to extend the outdoor living season.
Personal Touches
- Add personal touches such as a welcome basket with local goodies, a guide to the best spots in Ellicottville, and a few recommendations for dining and activities. This makes the space feel more personal and cared for.
Discover Ellicottville, New York: Local Attractions and Insider Tips
Seasonal Activities and Attractions
Summer
- Outdoor Adventures: Enjoy swimming, golfing, mountain biking, and music festivals. Explore the Holiday Valley Golf Course, Elkdale Country Club, and Concord Crest Golf Course.
- Family Fun: Visit the Ellicottville Village Park for playgrounds, tennis courts, soccer and baseball fields, and a skate park. Don't miss the Sky High Adventure Park, the 3rd largest aerial adventure park in the US.
Fall
- Fall Foliage: Experience the stunning fall colors in the surrounding State Parks and forests. Ideal for hiking and attending village events.
- Griffis Sculpture Park: Explore over 250 sculptures by local and international artists set amidst rolling hills and wooded groves.
Winter
- Skiing and Snowboarding: Hit the slopes at Holiday Valley Ski Resort or the private HoliMont Ski Club. Enjoy cross-country skiing, snowshoeing, and snow tubing at Holiday Valley Snow Tubing Park.
- Relaxation: Unwind with a book or a glass of wine by the fireplace, or enjoy the hot tubs and pools at the Holiday Valley Pool Complex.
Spring
- Low-Key Exploration: Explore the shops and restaurants, hike the trails, or relax in luxury chalets after the spring skiing season.
Must-Visit Places
- Holiday Valley Resort: A hub for year-round events, golf tournaments, mountain biking races, and family-friendly activities. Includes the Sky High Adventure Park and Holiday Valley Pool Complex.
- Griffis Sculpture Park: An artistic journey with over 250 sculptures in a serene landscape.
- Nannen Arboretum: A botanical haven with beautifully landscaped gardens and a variety of tree species.
Dining and Nightlife
- Ellicottville Brewing Company: Enjoy craft beers and American cuisine in a lively brewpub setting. Don't miss the European-style beer garden and brewery tours.
- West Rose: An upscale restaurant with seasonal dishes, great cocktails, and a delicious brunch.
- Balloons Restaurant & Nightclub: A central hub for nightlife with live music, DJs, and great wings.
- The Banq Cocktails & Lounge: An upscale drinking experience with sophisticated cocktails and premium spirits.
Family-Friendly Activities
- Ellicottville Village Park: Features a playground, tennis courts, soccer and baseball fields, a skate park, and picnic facilities.
- Tamarack Pool: Includes three pools, a toddler pool, a waterslide, and poolside food and drink service.
- Holiday Valley Snow Tubing Park: 20 lanes of snow tubing with a warming hut.
Insider Tips
- Festivals and Events: Check the local calendar for one of the dozen festivals and events, which include winter festivals, music festivals, and more.
- Shopping: Explore the over 24 shops in the village, including unique boutiques like Alexandra Apres, Ask Design Jewelers, and the Ellicottville Quilt Shop.
- Nature and Outdoors: Visit the Allegany State Park for hiking, biking, horseback riding, hunting, and fishing opportunities.
Additional Recommendations
- Horseback Riding: Options include Gentle Thunder Farm, The Crosspatch, and R&R Dude Ranch.
- Casino Entertainment: Visit the Seneca Allegany Casino for additional dining and entertainment options.
- Local Trails: Hike the Finger Lakes Trail or explore the trails at the Nannen Arboretum and Griffis Sculpture Park.
By providing these tips and recommendations, your Airbnb guests will be well-equipped to enjoy the full range of activities and attractions that Ellicottville has to offer.
Practical Tips to Run a Successful Short-Term Rental Business in Ellicottville, New York
To run a successful short-term rental business in Ellicottville, New York, several practical tips can significantly enhance the guest experience and ensure compliance with local regulations.
Noise Regulations and Guest Communication
Inform guests about quiet hours and noise regulations to avoid disruptions and comply with local rules. Clearly communicate these guidelines in the listing and through a welcome message to ensure guests are aware of the expectations.
Comprehensive House Manual
Create both digital and physical house manuals that include detailed instructions, Wi-Fi passwords, and other essential information. This helps guests navigate the property easily and reduces the need for frequent host interventions.
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 with photos to help guests understand where and how to park. This is particularly important in areas with limited parking or specific regulations, ensuring that guests do not inadvertently violate local rules.
By implementing these strategies, you can optimize your short-term rental operations, enhance guest satisfaction, and maintain a positive relationship with the local community.
Here is a brief list of house cleaning services in Ellicottville, New York:
House Cleaning Services
- Kathleen's Cleaning Services: Located on Rte 219, Ellicottville, NY. Contact: 716-512-9445 or Kathleenscsvcs@gmail.com.
- Top Rated House Cleaners on Angie's List: A list of highly rated house cleaners in Ellicottville, NY, with real reviews and ratings.
- House Cleaning Services on Care.com: Offers affordable house cleaning options starting at $15.00/hr, with listings by rates, reviews, and experience.
- Homeaglow House Cleaning Services: Provides professional, affordable, and background-checked house cleaners. Bookings start at $19 for a 3-hour clean.
- One-Time Cleaning Services on HomeAdvisor: Includes top-rated one-time maid services for move out, post-construction, and other needs.
Note that the list does not include repair or maintenance providers, as the sources primarily focus on cleaning services.
Short-Term Rental Management Fees in Ellicottville, New York: A Comprehensive Guide
In Ellicottville, New York, 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, which handle guest communication, marketing, and maintenance, often charge fees at the higher end of this spectrum, usually around 20% to 25% of the revenue.
Basic services, on the other hand, may incur lower fees. Additionally, hosts should be prepared for other potential costs, such as cleaning fees, which are often billed to the guests but can still impact the overall management fee structure. Other additional fees might include charges for repairs, consumables, and design or improvement services for the property. Understanding these fees is crucial for hosts to accurately calculate their net earnings and ensure the management services are aligned with their financial goals.