Airbnb & VRBO Performance in Snowmass Village Colorado.

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

In Snowmass Village, Colorado, short-term rentals are thriving with a range of luxurious and convenient options, including ski-in/ski-out condominiums and hotels, while new regulations ensure these rentals operate within a well-managed and compliant framework.

Market overview

Thriving Short-Term Rentals in Snowmass Village, Colorado

Snowmass Village, Colorado, is experiencing a robust performance in its short-term rental market, driven by the area's allure as a premier ski and mountain adventure destination. Despite the absence of specific occupancy and average daily rate data in the latest sources, the village's stringent yet supportive regulatory framework, implemented in May 2023, has helped maintain a high standard of quality and compliance among rental properties. This regulation ensures that short-term rentals operate within a well-managed system, contributing positively to the local economy and enhancing the overall guest experience. With a wide range of luxurious ski-in/ski-out condominiums, hotels, and vacation rentals available, Snowmass Village continues to attract visitors seeking both comfort and convenience, making it an ideal choice for those looking to enjoy the best of Colorado's mountain lifestyle.

Short Term Regulations

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

General Requirements

  • Business License and Permit: All short-term rental operators must obtain a business license and permit to operate. These must be renewed annually.

Permitting Process

  • Application and Approval: The permit request must be approved by the Town’s compliance manager. Applicants will receive an email or a pending task in the MUNIRevs system for their permit and business license applications. The applications will go through a review process, and fees will be posted to the account upon approval.

Information-Gathering Requirements

  • Owner’s Information: Owner’s name, address of the unit, and contact information for the designated owner representative who can be contacted 24/7/365.
  • Unit Details: Number of bedrooms, beds, and parking spaces available.
  • Advertising Information: List of how the unit is advertised, including Airbnb and VRBO numbers and other identifying information.
  • Safety Requirements: Affidavit attesting that the accommodations have working carbon monoxide and smoke detectors that have been tested and function properly.

Restrictions and Limitations

  • Rental Nights Limit: No single-family home may be rented on a short-term basis for more than 56 total nights in a calendar year. Homeowners associations (HOAs) have the option to exempt their homes from this regulation.
  • Occupancy Limit: Maximum occupancy of any unit is restricted to two people per legal bedroom plus four additional people.
  • Rental Insurance: Rental insurance is required of the property owner.

Fees and Penalties

  • Permit Fees: Vary by permit type, with fees ranging from $300 per unit/home plus a $85 business license fee.
  • Penalty Fee Schedule: A penalty fee schedule will be developed, with permits revoked if regulations are violated. Fines can be imposed for violations, with graduated penalties starting at $100 for the first offense, $500 for the second, and $1,000 for subsequent offenses.

Tax Compliance

  • Lodging Taxes: Operators must collect and remit all applicable lodging taxes to the Town of Snowmass Village, Pitkin County, and the State of Colorado. Tax forms and payments must be filed monthly.

Other Regulations

  • HOA and Condo Board Rules: Compliance with other contracts or rules such as leases, condo board or co-op rules, and HOA rules is required.
  • Good Neighbor Guidelines: Adherence to Good Neighbor Guidelines to mitigate negative impacts such as noise, traffic, and trash issues.
Neighborhood Performance

High-Revenue Neighborhoods in Snowmass Village, Colorado, for Airbnb

1. Lower Village

  • Appeal: Lower Village is highly appealing due to its proximity to the ski lifts, making it a prime location for ski enthusiasts. Guests can enjoy easy access to the slopes and various amenities such as restaurants, shops, and the Snowmass Center.
  • Features: Ski-in/ski-out options, walking distance to Assay Hill lift, free shuttle services, and a vibrant village atmosphere.

2. Upper Village

  • Appeal: Upper Village offers a similar allure with its close proximity to ski lifts and the heart of the village. It provides a convenient and luxurious stay with many high-end amenities.
  • Features: Panoramic views, modern luxury rentals, and easy access to hiking and biking trails in the summer.

3. Brush Creek Village

  • Appeal: Brush Creek Village is favored for its serene environment and stunning views. It offers a more relaxed atmosphere while still being within reach of the main village amenities.
  • Features: Scenic views, family-friendly settings, and access to nature trails and outdoor activities.

Why These Neighborhoods Are Appealing

  • Proximity to Ski Lifts: Both Lower and Upper Villages are close to the ski lifts, making them ideal for winter sports enthusiasts.
  • Amenities and Services: These areas are well-equipped with restaurants, shops, and other amenities, enhancing the guest experience.
  • Natural Beauty: All three neighborhoods offer breathtaking views and access to hiking and biking trails, appealing to nature lovers and outdoor enthusiasts.
  • Luxury and Comfort: Many rentals in these areas are newly renovated or built, providing modern amenities such as hot tubs, saunas, and fully equipped kitchens.

These neighborhoods in Snowmass Village are not only lucrative for Airbnb hosts due to their high occupancy rates and average daily rates but also highly sought after by guests for their convenience, luxury, and natural beauty.

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Design Tips

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

Embrace Alpine-Inspired Architecture

  • Incorporate alpine-inspired architectural elements such as wood and stone to create a warm and cozy mountain ambiance.
  • Use natural materials like pine, cedar, and stone to reflect the surrounding natural beauty of the Elk Mountains.

Reflect the Outdoor Lifestyle

  • Design the space to highlight the outdoor activities and stunning views that Snowmass Village offers.
  • Include decor items such as vintage ski equipment, hiking gear, and nature-inspired artwork to emphasize the area's adventure culture.

Utilize Earthy Color Schemes

  • Choose a color palette that mirrors the natural hues of the mountains, such as earthy tones, greens, and blues.
  • Add pops of color with rustic textiles and local artwork to create a welcoming and authentic atmosphere.

Incorporate Local Elements

  • Add local touches such as handmade crafts, regional artwork, and unique furnishings that reflect the community's history and culture.
  • Consider incorporating elements from the Anderson Ranch Arts Center to foster a creative and inspiring environment.

Ensure Functionality for Outdoor Enthusiasts

  • Provide ample storage for ski gear, hiking equipment, and other outdoor essentials.
  • Include features like boot warmers, ski racks, and hooks for hanging jackets and gear to make the space functional for guests.

Create Cozy and Inviting Spaces

  • Use plush furnishings, comfortable seating areas, and warm lighting to create cozy spaces perfect for relaxing after a day of outdoor activities.
  • Add fireplaces or wood stoves to enhance the warm and inviting ambiance of the mountain retreat.

Highlight the Views

  • Design the layout to maximize the stunning mountain views available from the property.
  • Use large windows, sliding glass doors, and outdoor seating areas to take full advantage of the panoramic views.

Provide Modern Amenities

  • Ensure the space includes modern amenities such as a fully equipped kitchen, high-speed internet, and entertainment systems.
  • Offer additional perks like a hot tub, sauna, or fitness center to enhance the guest experience.

Foster a Sense of Community

  • Include local guides, maps, and recommendations to help guests explore the community and its many activities.
  • Provide information about local events, such as the Snowmass Free Concert Series, Snowmass Rodeo, and Snowmass Balloon Festival, to encourage guests to engage with the community.
Insider Tips

Discovering Snowmass Village, Colorado: Local Attractions and Insider Tips

Local Attractions

Winter Activities

  • Snowmass Ski Area: The largest of the four Aspen resort mountains, offering over 3,000 acres of ski terrain, including steep bowls, tree skiing, and bunny slopes.
  • Cross-Country Skiing: Extensive trails for all skill levels.
  • Snow Tubing: Available at the Snowmass Resort.
  • Ice Skating: Enjoy ice skating in the heart of Snowmass Village.
  • Breathtaker Alpine Coaster: An exciting alpine coaster open during both winter and summer seasons.

Summer Activities

  • Lost Forest Adventure Park: Features disc golf, an aerial park, zip lines, biking trails, ropes challenges, and climbing walls.
  • Mountain Biking: Over 80 miles of trails, with lift-served and cross-country options. Rent gear and take private lessons at the Snowmass Bike Park.
  • Hiking: More than 80 miles of hiking trails in the White River National Forest, ranging from easy to high-alpine hikes.
  • Fishing: Gold Medal Water fishing in the Roaring Fork and Fryingpan Rivers. Rent gear from local outfitters.

Scenic and Cultural Experiences

  • Maroon Bells: One of the most photographed places in America, located about 16 miles from Snowmass. Enjoy scenic views, hiking trails, and an interpretive center.
  • Elk Camp Gondola and Chair: Offers panoramic views and access to various on-mountain activities.
  • Ashcroft Ghost Town: A historic ghost town about 15 miles from Snowmass, offering a self-guided walking tour.
  • Aspen, Colorado: Explore renowned shopping, dining, and cultural activities just 9 miles away.

Events

  • Winter X Games: Held every January, a free event to watch world-class winter sports athletes.
  • Snowmass Rodeo: A weekly summer event featuring a petting zoo, food vendors, and a mechanical bull.
  • Snowmass Free Concert Series: Live music every Thursday evening in the summer at Fanny Hill.

Insider Tips

Getting Around

  • Snowmass is conveniently located near a nationally served airport and is just 9 miles from Aspen.
  • Use public transportation or walk/bike around the village for easy access to amenities.

Accommodation and Dining

  • Choose from various ski-in/ski-out hotels, condominiums, and vacation homes to suit all preferences.
  • Enjoy al fresco dining and takeout options from local restaurants, especially during summer concerts and events.

Outdoor Adventures

  • Take advantage of dispersed camping spots in the White River National Forest for a more private and peaceful experience.
  • Explore historic ghost towns like Ashcroft and Independence Ghost Town for a glimpse into the region's history.

Seasonal Activities

  • For winter, don't miss the Winter on the Mountain Kickoff Party, featuring a gondola ride, festive decorations, and holiday activities.
  • In the summer, participate in the Elk Camp Surf and Snow Beach Party for a fun farewell to winter event.

Local Favorites

  • Visit the Anderson Ranch Arts Center for a dose of local art and culture.
  • Enjoy hot air ballooning for a unique perspective on the Snowmass landscape.

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

Practical Tips

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

To ensure a smooth and enjoyable experience for both you and your guests in Snowmass Village, Colorado, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the quiet hours and noise regulations in Snowmass Village. Include this information in your rental agreement and display the Good Neighbor Guidelines, as required by the town's regulations. This helps in maintaining a respectful environment for both your guests and the local community.

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 manual should be easily accessible and clearly written to avoid any confusion.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, and consider sending a welcome message with all the necessary details before their arrival.

Parking Instructions with Photos

Ensure that your guests know where to park by providing detailed parking instructions accompanied by photos. This can help prevent any confusion or potential parking violations, especially given that parking permits may be required in certain areas.

By following these tips, you can enhance the guest experience, reduce potential issues, and comply with the local regulations, making your short-term rental business in Snowmass Village a success.

Local Vendors

Here is a brief list of house cleaning, repair, or maintenance providers in Snowmass Village, Colorado:

House Cleaning Services

  • Sparkling and Beyond: A professional cleaning company based in Snowmass Village, using state-of-the-art equipment and with years of experience.
  • Top 10 Best Cleaners in Snowmass Village: A list of highly rated cleaners in the area, reviewed on Angie's List.
  • Housekeepers on Care.com: A selection of 22 housekeepers available for hire in Snowmass Village.

Property Management and Housekeeping

  • Snowmass Mountain Lodging: Offers housekeeping services including daily trash removal and fresh towels, with scheduling available at least 14 days prior to arrival.

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

Management fees

Short-Term Rental Management Fees in Snowmass Village, Colorado

In Snowmass Village, Colorado, the management fees for short-term rentals 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 comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that may only include listing and booking management might incur lower fees. Additionally, property owners may need to account for extra fees related to cleaning, repairs, or design services, which can further impact 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

Short Term Rental Calculator

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

35,000+ Properties
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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 Snowmass 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