Airbnb & VRBO Performance in Severance Colorado.

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Severance, Colorado: Airbnb & VRBO Vacation Rental Market Overview

Despite regulatory challenges and a tourism slowdown, the short-term rental market in Severance, Colorado, is expected to stabilize with modest growth in average daily rates and occupancy, supported by the state's ongoing tourism recovery and balanced regulatory approaches.

Market overview

Thriving Short-Term Rentals in Severance, Colorado: A Promising Outlook

Despite the broader trends of slowed growth and regulatory challenges in the short-term rental market, Severance, Colorado, is experiencing a stable and promising performance. According to the 2024 US Short-Term Rental Outlook Report, the industry is anticipated to find a better balance between supply and demand. In Severance, this balance is reflected in stable occupancy rates, which are likely to remain around 54.7%, similar to the 2023 levels. Additionally, average daily rates (ADRs) are expected to see a modest increase of 2.1%, indicating a healthy and growing market. This stability, combined with the economic benefits of tourism, positions Severance as an attractive destination for both travelers and short-term rental investors.

Short Term Regulations

Short-Term Rental Regulations in Severance, Colorado for 2024

While specific regulations for Severance, Colorado, are not detailed in the provided sources, general trends and common regulations in other Colorado municipalities can be applied to understand the likely requirements. Here is a list of typical regulations that might be applicable:

Licensing Requirements

  • Short-Term Rental License: A license is typically required to operate a short-term rental. This license must be obtained from the local authorities before advertising the property.
  • Property Owner Authorization: If the property is not owned by the person renting it out, written authorization from the property owner is usually required.

Property Requirements

  • Property Address and Contact Information: The property address and contact information of a local contact person must be provided.
  • Safety Equipment: Ensuring the presence of operational smoke detectors, carbon monoxide detectors, and fire extinguishers is mandatory.

Zoning and Occupancy

  • Zoning Compliance: Short-term rentals must comply with local zoning regulations. For example, some areas may prohibit non-owner occupied short-term rentals in single-family zoning districts.
  • Occupancy Limits: There are often strict maximum occupancy limits that must be adhered to.

Parking and Access

  • Off-Street Parking: Providing at least one additional off-street parking space may be required, unless the property is a full house or an accessory dwelling unit.

Taxation

  • Sales and Lodging Tax: Short-term rental operators are typically required to obtain a sales and lodging tax license and pay the applicable taxes.

Compliance and Monitoring

  • Compliance with Local Ordinances: Ensuring compliance with all local ordinances and regulations is essential. This may include providing brochures detailing local rules and regulations to guests.
  • Emergency Contact: Designating a point person who is available 24 hours a day to respond to emergencies is often required.

Renewal and Documentation

  • License Renewal: Licenses are usually valid for one or two years and must be renewed before the expiration date.
  • Proof of Insurance: Proof of insurance may be required as part of the licensing process.

Given the lack of specific information on Severance, Colorado, these regulations are based on common practices observed in other Colorado municipalities. It is advisable to check with local authorities in Severance for the most accurate and up-to-date information.

Neighborhood Performance

Title: Top Neighborhoods for Airbnb Revenue in Severance, Colorado, and Their Appeal to Guests

While specific neighborhood-level data for Severance, Colorado, is not extensively detailed in the sources, we can infer some insights from nearby areas and the general appeal of the region. Here are some key points and neighborhoods that could be generating significant Airbnb revenue in and around Severance:

Severance and Surrounding Areas

1. Severance

  • Appeal: Severance offers a rural setting with modern farmhouses and homes that are highly rated for their cleanliness, location, and amenities such as kitchens, WiFi, and free parking. Guests appreciate the peaceful and cozy atmosphere, often highlighted in reviews.

2. Fort Collins

  • Appeal: Located nearby, Fort Collins is a popular destination due to its proximity to Severance. It offers a variety of attractions such as downtown Fort Collins, breweries, and the Colorado State University (CSU). Guests can choose from various types of accommodations, including cozy cottages, private basement suites, and loft apartments on working farms.

3. Windsor

  • Appeal: Windsor, another nearby town, attracts guests with its Old Town charm and amenities like the main park. The Locust Loft in Old Town Windsor is highly rated for its location and cleanliness.

4. Loveland

  • Appeal: Loveland is known for its artistic community and scenic beauty. Guests can enjoy modern townhomes with amenities like 2 bedrooms, 1.5 baths, and a 1-car garage. The town's proximity to Fort Collins and Severance makes it an attractive option.

Why These Areas Are Appealing

  • Natural Beauty and Outdoor Activities: The area around Severance offers easy access to natural landscapes, making it ideal for those seeking outdoor activities and a peaceful retreat.
  • Proximity to Urban Amenities: The close proximity to Fort Collins and other nearby towns provides guests with access to urban amenities like breweries, dining, and cultural attractions.
  • Variety of Accommodations: Guests can choose from a range of accommodations, from cozy cottages and farmhouses to modern townhomes, each offering unique experiences and amenities.
  • Highly Rated Properties: Many properties in these areas are highly rated for their cleanliness, location, and overall guest experience, which attracts repeat visitors and positive reviews.
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Design Tips

Furnishing and Designing Your Airbnb in Severance, Colorado: Tips for an Inviting Space

Understand Your Audience and Location

  • Know the type of guests you are targeting, whether they are families, couples, or business travelers, and tailor your furnishings accordingly.
  • Consider the local style and amenities that reflect Severance, Colorado, such as rustic or modern mountain themes.

Start with the Basics

  • Ensure your space has comfortable beds, clean linens, and basic kitchen equipment like dishes, silverware, and cookware.

Choose a Theme or Color Palette

  • Select a theme or color scheme that fits the local aesthetic. Use social media platforms like Pinterest and Instagram for inspiration, and look at other homes in the area for trends.

Optimize Your Space

  • Use your floor plan to determine what each room can accommodate without overcrowding. Consider multi-functional furniture to maximize space, especially in smaller apartments.

Essential Furniture Checklist

Living Area

  • Sofa or sofa bed
  • Armchairs
  • Coffee table
  • Television
  • Rugs
  • Wi-Fi
  • Decor and indoor plants.

Dining Room

  • Dining table and chairs
  • Adequate lighting
  • Artwork.

Bedroom

  • Bedframe
  • Closet or clothing rack
  • Nightstand(s)
  • Lamp(s)
  • Mattress and mattress cover
  • Sheets
  • Pillows
  • Duvet or comforter
  • Full-length mirror.

Kitchen

  • Essential cookware, utensils, and dinnerware
  • Appliances like a coffee maker, microwave, toaster, and kettle
  • Storage for food and cookware.

Bathroom

  • Shower curtain and liner
  • Bath mats and rugs
  • Bath towels, hand towels, and washcloths
  • Basic toiletries like shampoo, conditioner, and soap
  • Storage bins for toiletries.

Focus on Cleanliness and Maintenance

  • Choose furniture that is easy to clean to maintain a high level of cleanliness. Opt for sofas with washable covers and durable, easy-to-clean materials.

Provide Ample Storage

  • Ensure guests have enough storage space with wardrobes, bedside tables with drawers, hooks near doors, and bathroom cabinets.

Add Thoughtful Touches

  • Include personal touches like welcome baskets, local guidebooks, and extra amenities such as toiletries, hairdryers, and first-aid kits.

Consider Safety and Security

  • Ensure your rental has functioning smoke detectors, carbon monoxide detectors, a fire extinguisher, and a first aid kit. Consider installing a smart lock or security system.

Use Mirrors and Lighting to Enhance Space

  • Use mirrors to make your space feel bigger and brighter. Ensure good lighting and easy access to power outlets, especially in areas where guests will be working.

Invest in Quality Furniture

  • While it may be tempting to buy cheap furniture, investing in quality, sturdy pieces will pay off in the long run. They will last longer and be more comfortable for your guests.

Reflect the Local Style

  • Let the decorating style reflect the location of your property. For a Severance, Colorado, Airbnb, consider a rustic or mountain-inspired theme that aligns with the local culture and environment.
Insider Tips

Discovering Severance, Colorado: Local Attractions and Insider Tips

Main Attractions

  • Bruce's Bar:
  • A local landmark famous for its Rocky Mountain Oysters, a unique culinary experience.
  • Often features live music and leases goose hunting spots during the season.

  • Windsor-Severance Fire Museum:

  • A museum filled with firefighting memorabilia, including antique fire trucks.
  • Offers tours, engine rides, and hands-on activities for all ages.

Outdoor Activities

  • Birdwatching at Windsor Reservoir:
  • Located just two miles west of Severance, this privately-owned lake is a viewpoint along the Colorado Birding Trail.
  • Ideal for spotting ducks and flocks of gulls.

  • Camping at Boyd Lake State Park:

  • About 25 minutes from Severance, offering 148 paved sites for RVs and tent camping.

  • Fishing at Blue Spruce Park:

  • A popular spot for shore fishing, suitable for all ages.

  • Hiking Trails:

  • The Great Western Trail: A 10.5-mile mixed-use trail through Weld County.
  • Windsor Lake: Hiking trails around the lake and a swim beach.

  • Hunting in Weld County:

  • Popular for waterfowl hunting, including goose, duck, and dove.

Local Events

  • Summer Concert Series (Jun-Jul):
  • Weekly concerts in the Community Park featuring bands of all genres and a special night for military and first responders.

  • Severance Days (Aug):

  • A weekend-long celebration with live music, food vendors, arts and crafts, and a town parade.

  • Trick or Treat Parade (Oct):

  • A Halloween event at town hall with trick-or-treating and a parade through the local police department.

Dining and Breweries

  • G5 Brewpub:
  • A family-owned brewery with a hearty menu and an outdoor patio.

  • Shebrews Coffee and Ice Cream:

  • A quaint coffee spot with great outdoor seating overlooking the nearby reservoir.

  • Vecinos Mexican Grill and Cantina:

  • A friendly and delicious place for Mexican dishes.

Insider Tips

  • Explore Nearby Towns:
  • Visit nearby towns like Windsor, Greeley, and Fort Collins for additional dining, shopping, and recreational opportunities.

  • Cycling and Running Trails:

  • Utilize the Great Western Bike and Pedestrian Trail that runs through the center of Severance.
  • Explore the Poudre River Trail and the Frank State Wildlife Area for scenic rides and runs.

  • Local Culture:

  • Learn about the town's history and cattle ranching heritage.
  • Visit historic buildings and enjoy the small-town atmosphere.

  • Accommodations:

  • Note that there are no hotels in Severance, but nearby Greeley and Fort Collins offer several options.

By sharing these attractions and tips, you can help your Airbnb guests make the most of their visit to Severance, Colorado.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Severance, Colorado

To ensure a smooth and profitable short term rental business in Severance, Colorado, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to maintain a peaceful environment for both the guests and the neighbors. Include this information in your listing and reinforce it in your welcome message or house manual.

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 issues.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests have all the necessary access codes before their arrival.

Parking Instructions

Include detailed parking instructions with photos in your house manual or welcome packet. This helps guests understand where to park and how to navigate any specific parking rules or restrictions in the area, reducing potential conflicts with neighbors.

By following these tips, you can enhance the guest experience, minimize potential issues, and ensure a successful and compliant short term rental business in Severance, Colorado.

Local Vendors

Here is a brief list of house cleaning providers in Severance, Colorado:

House Cleaning Services

All Star Cleaning Services of Fort Collins

  • Offers move-in and move-out cleaning, as well as regular house cleaning services.
  • Uses eco-friendly products and provides a satisfaction guarantee.
  • Additional services include window wiping, ashes removal from fireplaces, and laundry folding.

Clean Bees Housekeeping

  • Provides repeat, one-time, and deep cleaning services for homes and businesses in Severance.

Other Resources

Care.com

  • Lists various house cleaning services in Severance, allowing users to search by rates, reviews, and experience.

Angie's List

  • Provides reviews and ratings for house cleaners in Severance, helping users choose the right service.

Note that the list does not include repair or maintenance providers, as the sources primarily focus on cleaning services.

Management fees

Short-Term Rental Management Fees in Severance, Colorado: A Comprehensive Guide

In Severance, Colorado, 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, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the rental income. For property owners opting for more basic services, the fees can be lower, usually around 10% to 15%. Additionally, property owners may incur extra fees for services such as cleaning, repairs, and design, which can add to the overall cost of managing their short-term rental properties.

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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

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Find out how much your property in Severance should generate as a short term rental and look at the performance of properties around yours.

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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 Severance.

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