The short-term rental market in Jeffersonville, Vermont, is thriving, with high occupancy rates, strong revenue growth, and a robust demand driven by its attractive year-round outdoor activities and seasonal peaks, particularly during the ski and summer months.
Thriving Short-Term Rental Market in Jeffersonville, Vermont
Jeffersonville, Vermont, is experiencing a robust short-term rental market, driven by its appealing year-round attractions and outdoor activities. The area boasts an average occupancy rate of 60%, indicating a strong demand for vacation rentals. On average, short-term rentals in Jeffersonville command a daily rate of $314, contributing to a substantial monthly revenue of $30,231. This performance is bolstered by the peak seasons, which include the winter months due to the nearby Smugglers' Notch Resort and the summer months attracting hikers and nature lovers. The consistent demand and high occupancy rates make Jeffersonville an attractive destination for both visitors and savvy hosts.
Short-Term Rental Regulations in Vermont (Applicable to Jeffersonville) for 2024
While specific regulations for Jeffersonville, Vermont, are not detailed in the sources, the following are the general regulations that apply statewide and may include additional local requirements:
Statewide Regulations
Registration and Licensing
- Register with the Vermont Department of Taxes to obtain a Vermont meals and rooms tax account number, which must be included in any advertisements for the rental.
Taxes
- Collect and remit a 9% Rooms Tax, a 1% Local Option Tax (if applicable), and a new 3% short-term rental surcharge effective August 1, 2024. This results in a combined tax rate of 12%-13%.
Safety Standards
- Ensure compliance with state fire safety and life safety codes, including installing operable emergency exit windows and functional smoke and carbon monoxide alarms.
Information Posting
- Post required information within the rental unit, including contact details for the person responsible for maintenance and contact information for the Department of Health and the Department of Public Safety's Division of Fire Safety.
Insurance
- While not legally required, it is highly recommended to obtain appropriate insurance coverage for short-term rental properties. Some municipalities may require proof of insurance as part of their permitting process.
Local Regulations
Permits and Registrations
- Check with the local city or town government for any additional local requirements. For example, some towns like Killington require annual registration with the Zoning Administrator.
Change of Use Permit and Certificate of Occupancy
- If converting a property from long-term to short-term rental, a change of use permit and new certificate of occupancy may be necessary to certify compliance with fire safety and building codes.
Occupancy Limits
- Be aware of local occupancy limits, as these can vary by municipality. For instance, Chester has specific guest limits per bedroom.
Additional Considerations
Online Platforms
- If listing rentals on online platforms, the platform is responsible for collecting and remitting the rooms tax, local option tax, and the short-term rental surcharge. However, if renting independently as well, hosts must register with the Department of Taxes and collect and remit these taxes themselves.
Reservations and Payments
- For reservations made before August 1, 2024, but with payments collected on or after August 1, 2024, the 3% surcharge must be collected.
Top Neighborhoods for Airbnb Revenue in Jeffersonville, Vermont
1. Smugglers' Notch Resort Area
- This area is highly appealing due to its ski-in/ski-out locations, proximity to the village lift, ski school, and rentals. Guests can enjoy year-round activities such as skiing, snowshoeing, hiking, mountain biking, disc golf, and swimming. The condos in this area are highly rated for their cleanliness, location, and amenities like private decks and fully equipped kitchens.
2. Jeffersonville Village
- Located just outside the village of Jeffersonville, these rentals offer easy access to Main Street, local shops, and restaurants. Guests appreciate the private entrances, fully equipped kitchens, and the short drive to Smugglers' Notch Resort. The village's charm and central location make it a favorite among guests.
3. Underhill and Mt. Mansfield Area
- This area attracts guests with its proximity to Underhill State Park and the base of Mt. Mansfield. The rentals here are praised for their recent renovations, private back decks, and easy access to hiking trails and mountain biking. The scenic views and outdoor activities make this area highly appealing.
4. Cambridge and East Village of Smugglers' Notch
- These neighborhoods offer a mix of condo and home rentals that are highly rated for their location and amenities. Guests enjoy the central location within Smugglers' Notch Resort, access to pools, hot tubs, and other resort amenities. The area is also known for its family-friendly environment and discounts on various activities.
Why These Neighborhoods Are Appealing
- Proximity to Outdoor Activities: All these neighborhoods offer immediate access to various outdoor activities such as skiing, hiking, mountain biking, and disc golf, making them ideal for adventure seekers.
- Amenities and Services: Many rentals in these areas come with amenities like pools, hot tubs, fully equipped kitchens, and private decks, enhancing the guest experience.
- Central Locations: Being close to village centers, resorts, and local attractions ensures that guests have easy access to dining, shopping, and cultural activities.
- Highly Rated Cleanliness and Location: Guests consistently rate these rentals highly for their cleanliness and prime locations, which are key factors in their appeal.
Creating an Inviting Airbnb in Jeffersonville, Vermont: Design and Furnishing Tips
Entryway and First Impressions
- Design the entryway to make a warm and welcoming first impression. Include elements that make guests feel special, such as a thoughtful welcome note or a small gift.
- Use lighting effectively to set the tone for the entire space.
Living Room
- Focus on creating a space that encourages conversation and relaxation. Consider the layout to ensure it fosters interaction among guests.
- Incorporate comfortable seating options, including sofas, armchairs, and poufs.
- Provide ample lighting control with lamps and dimmer switches.
- Add soft, clean blankets and pillows with various fill options to enhance comfort.
- Ensure there are occasional tables for guests to place their drinks and other items.
Bedroom
- Offer luxurious bedding options without adding extra work to turnovers. Store extra bedding layers in the closet for easy access.
- Provide two sleeping pillows per guest with different fill options (e.g., foam-filled, down alternative).
- Include bedside tables and lamps for each guest, considering features like USB ports or wireless charging.
- Install blackout shades to cater to different sleep preferences.
Kitchen and Dining
- Ensure the kitchen is well-equipped with modern appliances to make meal preparation convenient.
- Use warm and inviting color palettes and rustic decor that reflect the local Vermont style.
- Incorporate dining furniture that is both comfortable and stylish, allowing guests to enjoy meals together.
Outdoor and Recreational Spaces
- Highlight the natural beauty of Jeffersonville by incorporating outdoor spaces such as patios, decks, or hot tubs.
- Ensure proximity to hiking, skiing, or other local recreational activities is emphasized in the design and amenities.
- Add cozy features like fireplaces or woodstoves to enhance the warmth and charm of the space.
Local and Rustic Aesthetics
- Blend modern comforts with traditional and rustic elements, such as wooden beams, vintage furnishings, and warm color palettes.
- Incorporate local art and handmade furnishings to reflect the unique character of Jeffersonville and Vermont.
Technology and Convenience
- Ensure high-speed WiFi and other modern conveniences are available to enhance guest satisfaction.
- Provide dedicated workspaces for guests who may need to work remotely.
Attention to Detail
- Pay close attention to detail to create a luxurious and pampered experience. This includes providing all the necessities and more, such as extra towels, toiletries, and a fully stocked kitchen.
Discovering Jeffersonville, Vermont: Local Attractions and Insider Tips
Local Attractions
Skiing and Winter Activities
- Smugglers' Notch Ski Resort: A year-round hub of activity, offering skiing, snowboarding, and other winter sports.
- Village Ski Lift: Enjoy skiing with stunning mountain views.
- Sterling Summit Ski Lift: Another popular ski lift in the area.
- Morse Highlands Ski Lift: Experience the best of Jeffersonville's ski slopes.
Outdoor Activities
- Brewster Ridge Disc Golf Course: Play a round of disc golf in a scenic setting.
- Hiking Trails: Explore the beautiful trails around Smugglers' Notch and the surrounding mountains.
Cultural and Dining Experiences
- Barn at Smugglers' Notch: A must-visit for its unique atmosphere and events.
- Downtown Jeffersonville: Known for its excellent dining options and art galleries, once home to an artists' colony.
- Brown & Jenkins Coffee Roasters: A great spot to relax and enjoy local coffee.
Other Activities
- Greenway Walking Path: A lovely path for walking, located close to many inns and hotels.
- Microbreweries and Local Events: Check out local microbreweries and events such as the Westford Music Series and Red Bench Speaker Series.
Insider Tips
Getting Around
- Smugglers' Notch Road: While scenic, this road can be precipitously winding, especially in winter. Plan your drive accordingly.
Dining
- Top-Notch Restaurants: Jeffersonville is known for its excellent dining options. Be sure to try some of the local favorites.
Seasonal Activities
- Summer: Drive over Smugglers' Notch to enjoy the open meadows, old farmhouses, and sugar shacks.
- Winter: Take full advantage of the ski resorts and winter activities available in the area.
Family-Friendly
- Family Activities: Jeffersonville is a family-friendly area with plenty of activities suitable for all ages, including skiing, disc golf, and walking paths.
By providing these recommendations and tips, your Airbnb guests can fully enjoy the unique charm and activities that Jeffersonville, Vermont, has to offer.
Practical Tips to Run a Successful Short-Term Rental Business in Jeffersonville, Vermont
To ensure a smooth and enjoyable experience for both you and your guests in Jeffersonville, Vermont, several practical tips can make a significant difference in the success of your short-term rental business.
Noise Regulations and Quiet Hours
Inform your guests about noise regulations and quiet hours to maintain a peaceful environment, especially in residential areas. Include this information in your digital and physical house manual to set clear expectations.
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 helps guests navigate the property easily and reduces the need for frequent inquiries.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear parking instructions accompanied by photos to help guests find and use the parking facilities without confusion.
By implementing these strategies, you can enhance guest satisfaction, reduce potential issues, and maintain a positive reputation for your short-term rental property in Jeffersonville, Vermont.
Here is a brief list of house cleaning providers in Jeffersonville, Vermont:
House Cleaning Services
- Sparkling and Beyond: A professional cleaning company offering various cleaning services, including deep cleaning, regular maintenance, and use of state-of-the-art equipment. They cater to homes, businesses, and commercial properties.
- Care.com Cleaning Services: A platform listing multiple cleaning ladies and services in Jeffersonville, VT, with rates starting at $20.00/hr. It allows users to compare and hire based on rates, reviews, and experience.
- Spiffy Cleaning Services: A local business in Jeffersonville, VT, categorized under house cleaning services, though specific details about their services are not provided.
Short-Term Rental Management Fees in Jeffersonville, Vermont
In Jeffersonville, Vermont, managing a short-term rental can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often around 20% to 25% of the rental income.
Basic service packages, which may only include essential management tasks, can be less expensive. Additionally, hosts may need to account for other fees, such as cleaning fees, repair costs, and design or amenity maintenance, which can be charged separately or included in the overall management fee structure. For example, some management companies charge a cleaning fee that is passed on to guests, while also covering consumables and maintenance costs within this fee.