Airbnb & VRBO Performance in Mountain Village Colorado.

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Mountain Village, Colorado: Airbnb & VRBO Vacation Rental Market Overview

In Mountain Village, Colorado, short-term rentals continue to thrive, with stringent regulations in place to ensure compliance and generate significant tax revenue, while also prompting innovative solutions to balance the needs of both hosts and local residents.

Market overview

Thriving Short-Term Rental Market in Mountain Village, Colorado

Mountain Village, Colorado, is experiencing a robust short-term rental market, driven by its allure as a premier vacation destination. Despite regulatory measures to manage the impact on local housing, the demand for short-term rentals remains strong. While specific occupancy and average daily rate data for Mountain Village is not provided in the sources, the overall trend in Colorado mountain towns indicates high demand and corresponding high prices. For instance, the stringent regulations, including licensing requirements and lodging taxes, have not deterred the popularity of short-term rentals, with many towns seeing significant revenue from these activities.

Given the area's attractiveness and the well-organized regulatory framework, short-term rental hosts in Mountain Village are likely enjoying high occupancy rates and lucrative average daily rates, contributing to a vibrant and profitable vacation rental market.

Short Term Regulations

Short-Term Rental Regulations in Mountain Village, Colorado for 2024

Licensing Requirements

  • Anyone advertising their home for short-term rentals must obtain a license from the Town of Mountain Village.
  • License fees are non-refundable and must be paid at the end of the application process. The license status remains pending until administratively approved.

License Categories

  • Classic License: Available for units in the Non-Residential Zone, excluding Lodging Establishments. There are no aggregate calendar year nightly rental limitations.
  • Residential License: Required for short-term rental units in the Residential Zone, excluding Lodging Establishments. This license has nightly short-term and long-term rental restrictions as outlined in the Telluride Land Use Code (though the specific code reference is from Telluride, similar principles apply in Mountain Village).

Rental Restrictions

  • Short-Term Rentals: Limited to 29 nights or less. In the Residential Zone, properties may not exceed three short-term rentals annually, with a cumulative total of 29 nights.
  • Example: A property can be rented once for 15 nights, once for 10 nights, and once for 4 nights in a calendar year.
  • Long-Term Rentals: Rentals for 30 consecutive nights or more are allowed throughout the town. In the Residential Zone, long-term rentals for a single property may not exceed three rentals in any calendar year.

Tax Requirements

  • Short-term rental operators must collect and remit all applicable sales and lodging taxes. Returns must be filed monthly if the amount exceeds $300.

Administrative and Compliance

  • A local property representative is required to respond to any issues within a specified timeframe.
  • Properties are subject to inspections to ensure compliance with regulations.

Additional Requirements

  • For properties in the Residential Zone, a Residential Rental Affidavit is required on an annual renewal basis. This form must be notarized and indicate the number of short-term and long-term rentals for the previous year.

Software and Application Process

  • The Town of Mountain Village uses the new short-term rental software Rentalscape for licensing and tax remittance. Applicants must use this platform to apply for licenses.
Neighborhood Performance

Top Airbnb Revenue-Generating Areas in Mountain Village, Colorado

Mountain Village, CO

Mountain Village stands out as one of the most lucrative areas for Airbnb investments in Colorado, primarily due to its unique appeal and strong market metrics.

Why it is Appealing for Guests:

  • World-Class Skiing and Outdoor Activities: Mountain Village is nestled in the heart of the Rocky Mountains, offering unparalleled skiing, hiking, and mountain biking opportunities.
  • Luxury Accommodations: Guests can enjoy high-end accommodations with stunning natural views, making it an ideal destination for those seeking luxury and comfort.
  • Picturesque Village: The charming alpine resort town provides a quaint and scenic environment, perfect for relaxation and exploration.

Key Metrics:

  • Airbnb Occupancy Rate: 60%
  • Average Daily Rate: $761
  • Annual Revenue: $137,340
  • Total Listings: 270

Given that Mountain Village is a singular entity rather than comprising multiple neighborhoods, it is the entire area that collectively generates significant Airbnb revenue due to its attractive features and high demand.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Mountain Village, Colorado

To create an inviting and stylish Airbnb in Mountain Village, Colorado, consider the following tips that reflect the city's unique mountainous charm and luxurious appeal.

Emphasize Natural Materials and Aesthetic

  • Use natural materials such as wood and stone to reflect the area's stunning outdoor setting. Rich wood textures and natural stone elements can create a rustic-chic atmosphere that resonates with the local vibe.

Incorporate Mountain-Themed Decor

  • Incorporate mountain-themed artwork and decor to emphasize the area's outdoor beauty. This can include pieces that highlight the local flora, fauna, and scenic landscapes.

Modern yet Cozy Furniture

  • Choose contemporary furniture with clean lines to maintain a modern yet cozy appeal. High-quality, durable furniture that aligns with the natural aesthetic of the area can enhance guest comfort and satisfaction.

Utilize Large Windows and Views

  • Maximize the use of large windows and framing to highlight the breathtaking mountain views. This can create a seamless transition between indoor and outdoor spaces.

Essential Amenities

  • Include amenities such as hot tubs, outdoor spaces like decks or patios, and well-equipped kitchens to enhance the guest experience. These features are highly sought after by guests in Mountain Village.

Comfort and Convenience

  • Ensure the space is comfortable and convenient by providing amenities like laundry facilities, modern appliances, and cozy seating areas. High-quality linens and thoughtful decor can also contribute to a welcoming atmosphere.

Space for Groups and Families

  • Since many guests in Mountain Village are families or larger groups, consider properties that can accommodate multiple guests. Features like bunk rooms, spacious living areas, and multiple bedrooms can be highly appealing.

Local Touches

  • Incorporate local artwork and decor to provide a sense of place and connection to the community. This can include pieces from local artists or elements that reflect the region's culture and history.

Attention to Detail

  • Pay attention to details such as one-touch lighting, boot dryers, and other conveniences that can make a stay more enjoyable and luxurious. These small touches can significantly enhance guest satisfaction.

By following these tips, you can create an Airbnb in Mountain Village that is both inviting and reflective of the area's unique style, ensuring a memorable and comfortable stay for your guests.

Insider Tips

Discovering Mountain Village, Colorado: Local Attractions and Insider Tips for Airbnb Hosts

Local Attractions

Natural Wonders

  • Bridal Veil Falls, Bear Creek Falls, and Mystic Falls: Hike to these stunning waterfalls for breathtaking views and a glimpse into the area's natural beauty.
  • Alpine Lakes: Explore Trout Lake, Blue Lake, Silver Lake, and Alta Lakes for boating, fishing, and scenic views.

Outdoor Activities

  • Telluride Ski Resort: Enjoy skiing and snowboarding trails for all skill levels, including expert, intermediate, and beginner routes.
  • Gondola: Use the free, year-round gondola connecting Mountain Village to downtown Telluride for panoramic views of the San Juan Mountains.
  • Hiking and Mountain Biking: Utilize trails like Jud Wiebe Memorial Trail and others that offer stunning views of meadows, old mining sites, and more.
  • Snowshoeing, Ice Skating, and Sledding: Engage in various winter activities available in the area.

Cultural and Community Events

  • Mountainfilm Festival: Attend independent documentary showings in May, focusing on social issues, environment, and more.
  • Market on the Plaza: Visit Heritage Plaza every Wednesday during the summer for local produce, crafts, and baked goods.
  • Movies Under the Stars: Enjoy outdoor movie nights at Reflection Plaza on Saturdays during the summer.
  • Telluride Jazz Festival and Telluride Reserve: Experience jazz music and a food and wine festival in August.
  • Mountain Village Festival of the Arts: Explore art from across the country at Heritage Plaza in August.

Dining and Shopping

  • Diverse Dining Options: Choose from restaurants like Allred's, Altezza, Black Iron Kitchen and Bar, and more for a range of culinary experiences.
  • Boutique Shopping: Visit shops such as FP Movement, Lucchese Bootmaker, and Rinkevich Gallery for unique shopping experiences.

Insider Tips for Airbnb Hosts

Getting Around

  • Gondola System: Inform guests about the free gondola service connecting Mountain Village to Telluride, a convenient and scenic way to travel between the two towns.

Local Amenities

  • Public WiFi: Let guests know they can access free WiFi at the Mountain Village Center, allowing them to stay connected while exploring the plazas.
  • Community Plazas: Direct guests to Market, Heritage, Reflection, and Sunset Plazas for various community events and activities.

Family-Friendly Activities

  • Playgrounds and Kid-Friendly Equipment: Recommend the Jeff Jurecki Memorial Playground and Sunset Playground, and inform guests about the availability of kid-friendly equipment like hula hoops and fishing poles.
  • StoryWalk and Ice Skating: Suggest the StoryWalk trail and ice skating at Reflection Plaza for family-friendly fun.

Seasonal Tips

  • Climate: Warn guests about the high altitude, dry air, and intense sunshine. Provide tips on layering for temperature fluctuations, especially in summer and winter.
  • Seasonal Events: Highlight seasonal events like the Red, White, and Blues Fourth of July Celebration, Telluride Balloon Festival, and the Telluride Yoga Festival to enhance their stay.

Local Services

  • Town Hall and Visitor Information: Provide the contact information for Mountain Village Town Hall and the visitor information center for any queries or assistance guests might need.
  • Medical and Emergency Services: Inform guests about the Telluride Medical Center and the Telluride Fire Protection District in case of emergencies.

By sharing these attractions and insider tips, you can help your guests make the most of their stay in Mountain Village, Colorado.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Mountain Village, Colorado

To ensure a smooth and profitable short-term rental experience in Mountain Village, Colorado, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to maintain a harmonious relationship with neighbors. Include this information in your rental agreement and provide a clear notice in the property to avoid any potential issues.

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.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide detailed check-in instructions, including photos of the property entrance, smart lock operation, and parking areas. This ensures a hassle-free arrival for your guests.

Parking Instructions

Include detailed parking instructions with photos in your house manual. This helps guests understand where to park, how to access parking facilities, and any specific rules or restrictions, thereby avoiding potential parking issues.

By implementing these tips, you can enhance the guest experience, reduce potential conflicts, and maximize the success of your short-term rental business in Mountain Village.

Local Vendors

Here is a brief list of house cleaning providers in or near Mountain Village, Colorado, based on the available information:

House Cleaning Providers

Molly Maid

  • Offers customized residential cleaning services, including regular cleaning, move-in cleaning, and one-time specific cleaning.
  • Services are tailored to your specific needs and preferences.
  • Available in various locations, including nationwide services.

Superior Cleaning

  • Based in the Grand Junction area but may serve broader regions.
  • Provides residential and commercial cleaning services, including eco-friendly options.
  • Specializes in Airbnb and VRBO cleaning, as well as deep cleaning, sanitization, and organization services.

Ajax Cleaning (Telluride)

  • While primarily based in Telluride, they might serve nearby areas including Mountain Village.
  • Offers a full spectrum of cleaning services around the clock and throughout the year.
  • Known for well-trained and closely supervised staff.

Additional Resources

For a more comprehensive list of house cleaners in Mountain Village, CO, you can refer to review sites such as Angie's List, which provides ratings and reviews for various house cleaning services in the area.

Management fees

Managing Short-Term Rentals in Mountain Village, Colorado: Fees and Services

In Mountain Village, Colorado, the management of short-term rentals often involves fees that can 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, typically falls on the higher end of this spectrum. In contrast, basic services that may only include listing and booking management might be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design enhancements, which can further impact the overall cost of managing a short-term rental property in Mountain Village.

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

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
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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 Mountain Village.

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 Colorado