Airbnb & VRBO Performance in Hayward Wisconsin.

Short-Term Rental Regulations in Hayward, Wisconsin for 2024

State and Local Requirements

State Regulations

• Tourist Rooming House License: Anyone who maintains, manages, or operates a short-term rental for more than 10 nights a year must obtain a "tourist rooming house" license from the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP).
• The license costs $110 annually, with a one-time pre-inspection fee of $300.

Prohibited Restrictions

• Municipalities cannot prohibit rentals of residences for seven consecutive days or longer. They can only prohibit rentals fewer than seven days in length or cap the total number of rental days in a year, as long as the cap is 180 days or greater.

Local Ordinances

• Municipal Licenses: Municipalities may enact ordinances requiring a municipal license in addition to the state tourist rooming house license.
• Regulatory Caps: Municipalities can cap the total number of days a property may be rented in a year, but the cap must be 180 days or greater, and the rental periods must be between six and 28 days at a time. The maximum number of allowable rental days may run consecutively, but municipalities cannot specify the season during which these days may run.

Specific Requirements for Hayward, Wisconsin

• Room Tax: Owners must comply with room tax reporting requirements as per Wis. Stat. § 66.0615 or as required by the local municipality.
• Insurance: Owners must maintain homeowner’s liability or business liability insurance and provide proof of insurance.
• Property Management: If the owner lives more than 35 miles away from the rental property, they must hire a local property manager.
• Occupancy and Parking: Ensure occupancy complies with size requirements set forth in Wis. Admin. Code Ch. ATCP 72.14(2)(b), and provide at least one parking space for every four occupants.
• Notification and Compliance: Notify neighboring properties as required, and take reasonable measures to respond to any complaints.

General Compliance

• Health and Safety Standards: Ensure the property meets minimum standards of space for human occupancy, maintenance, and use as outlined by local health and human services regulations.
• Local Ordinance Compliance: Comply with any additional local ordinances that do not conflict with state law, such as restrictions on noise, traffic, and outdoor events.

Administrative and Enforcement

• Application and Documentation: Submit the necessary application and documentation, including a detailed site plan, proof of insurance, and contact information for the owner's agent.
• Penalties for Non-Compliance: Be aware of penalties for operating without a valid license, including fees, penalties, and processing charges determined by the local health and human services board.

Top Neighborhoods for Airbnb Revenue in Hayward, Wisconsin

Neighborhoods Generating High Airbnb Revenue

Lakeshore District

• Median Investment Price: $395,000
• Property Type: Multi-Family Home
• Projected Cash on Cash Return: 6.5%
• Airbnb Occupancy Rate: 65%
• Appeal: The Lakeshore District is highly appealing due to its proximity to the lake, offering scenic views and easy access to water activities. This area attracts both short-term vacationers and long-term residents, making it a dynamic and profitable investment.

Maplewood Gardens

• Median Investment Price: $275,000
• Property Type: Condo
• Projected Cash on Cash Return: 7.2%
• Airbnb Occupancy Rate: 72%
• Appeal: Maplewood Gardens is attractive for its lakeside condos, providing guests with a serene and picturesque environment. The high Airbnb occupancy rate indicates strong demand for these properties, making them highly profitable for investors.

Forest Creek Reserve

• Median Investment Price: $340,000
• Property Type: Townhouse
• Projected Cash on Cash Return: 5.3%
• Airbnb Occupancy Rate: N/A (Traditional rentals, but potential for short-term)
• Appeal: Forest Creek Reserve offers family-oriented townhouses, which are appealing for guests looking for a more home-like experience. While traditionally rented, these properties have the potential to be converted into short-term rentals, leveraging the area's natural beauty and amenities.

Pineview Heights

• Median Investment Price: $310,000
• Property Type: Single-Family Home
• Projected Cash on Cash Return: 4.8%
• Airbnb Occupancy Rate: N/A (Traditional rentals)
• Appeal: Pineview Heights is known for its stable and consistent returns through traditional rental strategies. However, its appeal to long-term residents can also translate to short-term rental potential, especially given the area's charm and community-oriented environment.

Why These Neighborhoods Are Appealing

• Natural Beauty: All these neighborhoods offer proximity to lakes, forests, and other natural attractions, making them ideal for guests seeking outdoor activities and scenic views.
• High Occupancy Rates: Neighborhoods like Lakeshore District and Maplewood Gardens have high Airbnb occupancy rates, indicating strong demand and potential for high revenue.
• Diverse Property Types: The variety in property types, from multi-family homes to condos and townhouses, caters to different guest preferences and needs.
• Economic Stability: Hayward's growing economic prospects and stable real estate market make these neighborhoods attractive for both short-term and long-term investments.

Furnishing and Design Tips for an Inviting Airbnb in Hayward, Wisconsin

Understanding the Local Aesthetic

• Hayward, Wisconsin, is known for its natural beauty and outdoor recreational activities. Reflect this in your design by incorporating rustic yet modern aesthetics, such as the use of reclaimed wood and local artwork.

Room-by-Room Considerations

Bedrooms

• Choose a solid bed that is easy to clean, with a mattress at least 8 inches thick. Opt for memory foam mattresses for durability and cost-effectiveness.
• Consider storage beds for extra space to stash laundry and linens.
• Use a mattress cover to ensure the mattress lasts longer, and opt for white bedding for a hotel-like feel.

Living Areas

• Select sofas with washable covers to make maintenance easier. A sofa bed can increase the number of guests you can accommodate.
• Choose durable and comfortable seating. Darker colors can hide stains better and are more practical.

Dining Areas

• Use a tough and resistant dining table that can be dressed up with tablecloths, runners, and decorative items.
• Opt for comfy, lightweight chairs that are easy to move around and can support a variety of weights.

Kitchens

• Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Additional items such as a blender and sharp knives can be nice extras.
• Stock up on basic cookware, utensils, and dinnerware. Include items like a cutting board, measuring cups, and a corkscrew.

General Design Tips

Lighting and Mirrors

• Ensure good lighting in all rooms and use mirrors to make the space feel bigger and brighter.

Storage and Organization

• Use smart storage solutions like beds with drawers, wall hooks for coats, pegboards in the kitchen, and stackable containers to keep the space tidy.
• Provide designated spots for guests' personal items, such as a luggage rack.

Comfort and Functionality

• Ensure there is plenty of space to move around and that natural light sources are not blocked.
• Provide high-speed internet and ensure easy access to power outlets, especially in areas where guests may need to work.

Guest Amenities

• Offer a hairdryer, basic toiletries, and a first-aid kit to enhance the guest experience.
• Provide high-quality, durable towels in neutral colors that can be bleached.

Accessibility and Safety

• Consider making your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.
• Install smoke detectors, carbon monoxide detectors, and a first aid kit.

Outdoor Spaces

• If applicable, create comfortable outdoor spaces that reflect the local environment. Features like fire pits and outdoor adventure gear can be a bonus, especially in areas known for outdoor activities.

Discover Hayward, Wisconsin: Local Attractions and Insider Tips

Local Attractions

Nature and Wildlife

• Wilderness Walk Zoo and Recreation Park: A 35-acre park featuring a zoo, western town, trout ponds, petting zoo, and various wildlife including white tail deer, peacocks, and exotic animals.
• Cable Natural History Museum: Offers naturalist-led hikes, river and forest explorations, bird watching, lectures, and live raptor programs.
• Lake Helane State Natural Area: A tranquil spot for hiking, biking, fishing, snowshoeing, and cross-country skiing, surrounded by wetlands ideal for bird watching.

Museums and Landmarks

• Freshwater Fishing Hall of Fame: Home to the world’s largest musky statue, a museum complex with over 50,000 sportfishing artifacts, and a panoramic view from inside the musky’s mouth.
• Kinnamon School Visitor Center & Museum: A historical education center for the Lac Courte Oreilles Tribe, offering insights into local history and culture.

Entertainment and Activities

• Scheer’s Lumberjack Show: A family-friendly show featuring modern-day lumberjacks competing in various events, part of the Lumberjack World Championships.
• Lumberjack Village: Includes mini-golf, casual lakeside dining, and the River Deck Restaurant, all situated on a bay of Lake Hayward.
• Hayward Skateboard Park: A colorful park behind Hayward High School, perfect for burning off energy.

Shopping and Dining

• Downtown Hayward: An eclectic mix of boutiques, antiques, flea market treasures, fine jewelry, Native American arts and crafts, and outdoor recreation gear.
• Hayward Mercantile Company: Offers kitchen tools, ingredients, and a tasting bar with flavored olive oils and balsamic vinegar.
• Lures Of The North: Unique art, wood carvings, signs, vintage lures, and home decor from local artists.

Wineries and Local Products

• Tamarack Farms Winery: Features small-batch wines made from locally grown cranberries, blueberries, strawberries, and apples.
• Out of the Woods Winery: Offers wine tastings by the glass and by the bottle, including Hookstone wines and other local products.

Insider Tips

Outdoor Adventures

• Water Activities: Rent equipment for swimming, kayaking, canoeing, paddle boarding, boating, water skiing, and tubing on the numerous lakes and the Namekagon River.
• ATV Trails: Explore miles of ATV trails in the Northwoods, a great way to experience the local terrain.

Cultural Experiences

• Lac Courte Oreilles Band of Ojibwe Pow Wow: Attend the largest pow wow in North America for a lively look into Wisconsin’s past and present.
• Hayward Mural: Take a photo in front of the vibrant 12-foot-high by 45-foot-long postcard mural on Main Street.

Seasonal Activities

• Summer: Enjoy warm weather with highs around 79°F and lows around 56°F. Perfect for outdoor activities like hiking, fishing, and water sports.
• Winter: Experience the American Birkebeiner cross-country ski race and the Chequamegon Fat Tire bicycle race. Winter activities include snowshoeing and cross-country skiing with highs around 24°F and lows around 4°F.
• Fall and Spring: Enjoy mild temperatures with various outdoor activities like biking, fishing, and exploring nature trails.

Hidden Gems

• Sherman & Ruth Weiss Community Library Nature Trail: An easy half-mile accessible trail with a nature preserve, a pier over a pond, and a nature-based children’s book reading experience.
• Spider Lake Ranch Riding Stable: Guided forest trail rides in the beautiful Spider Lake area.

Practical Tips to Run a Successful Short Term Rental Business in Hayward, Wisconsin

To ensure the success of a short-term rental business in Hayward, Wisconsin, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform guests about local noise regulations and quiet hours to maintain a positive relationship with neighbors. Include this information in both digital and physical house manuals to avoid any misunderstandings.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should be easily accessible to guests to reduce the number of inquiries and issues.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique entry code and include clear instructions on how to use the smart lock system.

Parking Instructions

Include detailed parking instructions with photos in the house manual to help guests navigate the property easily. This can prevent confusion and ensure that guests park in the designated areas, respecting both the property and neighboring residences.

By implementing these measures, you can enhance the guest experience, reduce potential issues, and ensure a smooth and enjoyable stay for your visitors in Hayward, Wisconsin.

Here is a brief list of house cleaning, repair, and maintenance providers in Hayward, Wisconsin:

House Cleaning Services

• MaidPro: Offers comprehensive house cleaning services, including vacuuming, polishing, and scrubbing.
• Triple A Maintenance Inc.: Provides house cleaning services and is highly rated on Angie's List.

Repair and Maintenance Services

• Servpro of Hayward: Specializes in emergency residential and commercial property restoration, including water removal, flooding, fire cleanup, storm damage, and mold removal.
• Lakeside Property Services: Offers various property maintenance services, though specific details are not provided in the source.
• LeafFilter Gutter Protection: Focuses on gutter protection and related maintenance services.

Additional Services

• Triple A Maintenance Inc.: May offer additional maintenance services beyond house cleaning, though specifics are not detailed in the source.

Short-Term Rental Management Fees in Hayward, Wisconsin: A Comprehensive Overview

In Hayward, Wisconsin, 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, such as those offered by Summer and Manage Cabins, often charge on the higher end of this spectrum. These services include comprehensive guest communication, marketing, maintenance, and other operational tasks to ensure the property is guest-ready and well-maintained.

Basic services, which might only include booking management and minimal support, tend to be less expensive. Additionally, property owners may incur extra fees for cleaning, repairs, and design or remodeling services. For instance, some management companies charge a separate cleaning fee, which can vary by property, and may also include consumables fees to cover items like linens and toiletries. Understanding these fee structures is crucial for property owners to maximize their revenue and ensure smooth operations.