Fennville, Michigan, is experiencing robust short-term rental performance, with average annual revenues of $201.5K, an average daily rate of $1.2K, and a 46% occupancy rate, making it an attractive and lucrative market for investors.
Thriving Short-Term Rental Market in Fennville, Michigan
Fennville, Michigan, is experiencing a robust short-term rental market, making it an attractive destination for both investors and travelers. The area boasts an average occupancy rate of 46%, indicating a consistent demand for short-term rentals throughout the year. Additionally, the average daily rate stands at an impressive $1,200 per night, reflecting the high appeal of Fennville's charming neighborhoods, such as Glenn and Downtown Fennville, which offer a blend of natural beauty, local vineyards, and convenient access to amenities. With average annual revenues of $201,500 and a strong RevPAR of $574.8, Fennville presents a lucrative opportunity for those looking to invest in the short-term rental market.
Short-Term Rental Regulations in Fennville, Michigan for 2024
General Regulations
- Owner-Occupied Requirement: Only owner-occupied properties can be listed on platforms like Airbnb; investment properties solely for vacation rentals are prohibited.
Permitting and Registration
- Annual Permit: Prospective hosts must apply for an annual permit to operate a short-term rental.
- Detailed Documentation: Applicants must submit detailed floor plans, parking details, and proof of adequate liability insurance coverage.
Occupancy and Usage
- Occupancy Caps: Limits on overnight guests are based on the home's size and number of bedrooms.
- Noise Restrictions: Strict noise restrictions are in place between 10 PM and 7 AM to minimize neighborhood disturbances.
Listing Requirements
- City Permit Display: Rental listings must prominently display the city permit number, occupancy limits, parking rules, and a 24/7 local contact for complaint resolution.
Compliance and Enforcement
- Nuisance Prevention: Permitted short-term rentals cannot become a nuisance through excessive noise, trash, or parking issues, risking permit revocation.
- Inspections: All long and short term rentals are required to have an inspection every three years.
Tax Obligations
- Local Accommodation Taxes: Hosts must collect and remit local accommodation taxes on rental income.
Additional Provisions
- State and Local Oversight: While not specific to Fennville, state legislation (HB 5438) proposes a short-term rental registry maintained by the Michigan Department of Licensing and Regulatory Affairs, which could impact local regulations.
High-Revenue Airbnb Neighborhoods in Fennville, Michigan
While specific neighborhood data for Fennville, Michigan, is not extensively detailed in the sources, we can infer some of the most appealing areas based on general trends and nearby attractions. Here are some neighborhoods and areas that are likely to generate significant Airbnb revenue in Fennville:
1. Downtown Fennville
- Appeal: Proximity to local shops, restaurants, and community events. Guests can easily walk to various amenities, enhancing their stay experience.
- Revenue Potential: Higher demand due to central location, potentially leading to higher occupancy rates and daily rates.
2. Lake Michigan Shoreline Areas
- Appeal: Scenic views, beach access, and outdoor recreational activities. These areas are particularly attractive during summer months.
- Revenue Potential: High demand for waterfront properties, especially during peak season, can result in higher daily rates and occupancy.
3. Fennville Winery and Vineyard Areas
- Appeal: Proximity to local wineries and vineyards, offering wine tastings and tours. This is a significant draw for couples and groups looking for a relaxing getaway.
- Revenue Potential: These areas can command premium rates due to their unique attractions and the appeal of a wine country experience.
4. Nearby Saugatuck Attractions
- Although Saugatuck is a separate town, its proximity to Fennville makes it a relevant consideration. Areas near Saugatuck Dunes State Park, Oval Beach, and Mount Baldhead Park can attract guests looking to explore these popular spots.
- Appeal: Easy access to Saugatuck’s beaches, parks, and cultural attractions without the higher prices of being directly in Saugatuck.
- Revenue Potential: High demand due to the nearby attractions, leading to good occupancy rates and revenue.
5. Rural and Countryside Areas
- Appeal: Peaceful, rural settings with opportunities for hiking, biking, and other outdoor activities. These areas are appealing for those seeking a quiet retreat.
- Revenue Potential: While rates might be lower than in central or waterfront areas, the consistent demand for rural getaways can provide stable revenue.
These areas are likely to generate significant Airbnb revenue due to their unique attractions, amenities, and the overall appeal to a variety of guest preferences.
Creating an Inviting Airbnb in Fennville, Michigan: Design and Furnishing Tips
Entry and First Impressions
- Ensure the entryway is welcoming and thoughtfully designed. Provide a few simple amenities like extra towels, a basket with travel-size essentials (e.g., toothpaste, shampoo), and a personalized welcome note to make guests feel special.
Living Room
- Lighting Control: Install lamps and dimmer switches to create a versatile and cozy atmosphere.
- Comfortable Seating: Include soft, clean blankets and pillows with different fill options. Consider adding a pouf or ottoman for additional seating.
- Occasional Tables: Provide tables for guests to place drinks and other items, ensuring each guest has a convenient spot.
- Layout: Design the room to facilitate conversation and various activities. Include swivel chairs and a cozy reading nook with a lamp.
Bedroom
- Bedding: Offer high-quality bedding and provide extra layers in the closet for guests to use as needed. Use ribbons to mark unused bedding for easy identification.
- Pillows: Provide two sleeping pillows per guest with different fill options (e.g., foam-filled, down alternative).
- Temperature Control: Install ceiling fans or ensure there are other temperature control options available.
- Bedside Tables and Lamps: Ensure each bed has a bedside table with a lamp, preferably with USB ports or wireless charging features.
- Blackout Shades: Use layered window coverings, including blackout shades, to cater to different sleep preferences.
Kitchen and Dining
- Modern Appliances: Update kitchen appliances to enhance functionality and aesthetics.
- Comfortable Dining: Ensure the dining area is comfortable and well-lit, with stylish yet practical furniture.
Outdoor Spaces
- Spacious Outdoor Areas: If possible, create spacious outdoor areas for gatherings, such as patios or decks, which are highly valued in Fennville.
- Local Charm: Incorporate local elements and natural materials to reflect the city's unique style and connection to nature.
Decor and Style
- Beach-House Vibe: Adopt a beach-house or rustic charm style, which is popular in Fennville, by using natural elements and coastal-inspired furnishings.
- Local Artwork: Add local artwork and decor to give the space an authentic and unique character.
- Attention to Detail: Pay close attention to detail in the design and decor to create a pampered and thoughtfully curated experience for guests.
Amenities
- Private Amenities: Consider adding amenities like private pools, hot tubs, or BBQ grills, which are highly sought after by guests in Fennville.
- Family and Group Friendly: If catering to families or large groups, ensure there are amenities like family entertainment rooms and multiple bedrooms.
By following these tips, you can create an inviting Airbnb in Fennville, Michigan, that reflects the city's unique style and enhances the guest experience.
Discovering Fennville, Michigan: Local Attractions and Insider Tips
Local Attractions
Outdoor Activities
- Pier Cove Park: A scenic park featuring a small creek running into Lake Michigan, ideal for rock hunting, and a frog-catching spot near the tunnel.
- Paradise Park: The city's main park with a large wooden playground, picnic areas, two baseball fields, and a multipurpose field.
- Oval Beach, West Side County Park, and Saugatuck State Park: Beautiful beaches just a short drive away from Fennville.
Art and Creativity
- Express Yourself Art Barn: A studio where visitors can engage in various art projects like painting, mosaics, glass fusing, and jewelry making.
- Khnemu Studio: Specializing in ceramic arts, offering adult pottery classes, tours, and special events.
Agro-Tourism and Local Produce
- Evergreen Lane Farm and Creamery: Sample fresh artisan cheese and visit the goat herd.
- Gary Crane U-Pick Farms and Crane Orchards: Family-run farms offering fruit picking, including blueberries, pumpkins, and apples, along with a 20-acre corn maze.
Wine and Dining
- Fenn Valley Vineyards: Enjoy wine tastings, tours, and live music events. The vineyard also hosts upscale dinners and private events.
- Modales Vineyards & Winery: Known for cool climate wines, offering daily tours and tastings with outdoor seating.
- Crane's Winery and Restaurant: A restaurant and winery serving a diverse menu with pies as a specialty and wines made from locally harvested grapes.
Festivals and Events
- Fennville Goose Festival: An annual event in October featuring food, music, arts, racing, exhibits, and a celebration of Canada geese migration.
Insider Tips
Best Times to Visit
- For fruit picking, check the growing schedules at Gary Crane U-Pick Farms and Crane Orchards to ensure the best time for your preferred fruits.
- Visit Fenn Valley Vineyards during the "Music in the Vineyards" events that run through October.
Hidden Gems
- Glamping at The Woods: For a luxurious camping experience, book one of the 15 stick-built glamping cabins or huts, open from May 30 to October 19.
- Public Art Walking Tour: Explore the local art scene through a guided walking tour in Fennville.
Local Favorites
- Farm-to-table dining: Enjoy meals made from the freshest, locally sourced ingredients at various local eateries and wineries.
- Poppy Fields: Take a moment to admire the beautiful poppy fields in the area, a unique and picturesque attraction.
By sharing these attractions and tips, your guests will have a comprehensive guide to experiencing the best of Fennville, Michigan.
Practical Tips to Run a Successful Short-Term Rental Business in Fennville, Michigan
To ensure a smooth and profitable short-term rental business in Fennville, Michigan, several key practices can make a significant difference.
Noise Regulations and Guest Communication
Inform your guests about the strict noise regulations in Fennville, which include quiet hours between 10 PM and 7 AM. Clearly communicate these rules in your listing and through a welcome message to avoid any potential issues and ensure compliance with local ordinances.
Comprehensive House Manual
Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This helps guests navigate the property easily and reduces the likelihood of misunderstandings or damage to the property.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, along with photos and videos to help them understand the process. This not only enhances guest satisfaction but also reduces the administrative burden on you.
Clear Parking Instructions
Ensure that parking instructions are clear and accompanied by photos. This is crucial in Fennville, where parking rules are part of the short-term rental regulations. By providing visual aids, you can prevent parking issues that might lead to complaints or even permit revocation.
By implementing these practical tips, you can enhance guest satisfaction, maintain compliance with local regulations, and ultimately run a successful and sustainable short-term rental business in Fennville, Michigan.
Here is a brief list of house cleaning services in Fennville, Michigan:
House Cleaning Services
- Sparkling Maids LLC
- Offers premium cleaning services for homes and workspaces.
Contact: (616) 396-0529.
Bree's Cleaning
- Provides house cleaning services in the Fennville area.
- Contact: 616-422-0199, 2683 58th Street, Fennville, MI 49408.
Additional Resources
- Care.com
Lists multiple affordable house cleaning options in Fennville, starting at $18.00/hr.
Angie's List
Compiles a list of the top 10 best home cleaning services in Fennville, with average costs and reviews.
Porch.com
- Features a list of the top 10 house cleaning services in Fennville, including details on cost, licenses, and reviews.
Note that the list does not include repair or maintenance providers specifically, as the sources primarily focus on house cleaning services.
Short-Term Rental Management Fees in Fennville, Michigan: A Comprehensive Guide
In Fennville, Michigan, managing a short-term rental property comes with a range of fees that can significantly impact your revenue. Typically, property management companies charge between 10% to 30% of the rental income, with the fee structure varying based on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging from 20% to 30% of the rental revenue.
Basic services, such as listing management and rent collection, may incur lower fees. Additionally, hosts should be prepared for extra costs such as cleaning fees, repair expenses, and potentially design or amenity maintenance fees. These additional charges can be calculated separately or included in the overall management fee, depending on the property management company's policies. Understanding these fees is crucial for maximizing your income and ensuring a smooth hosting experience in Fennville.