Vacation rentals can be a great way for everyone involved to make good money while getting the chance to live like a homeowner without actually owning one. But however lucrative a vacation rental might be, it’s not as simple as just opening the doors and letting people stay there. To have the best chance at success with your rental, you need to put in some work. Here is how to build a vacation rental home that is exceptional:
Build For Your Needs, Not Your Future Plans
The very first step to building your next vacation rental home begins before you even pick up a hammer. The future of the home that you will provide for your guests is going to be based on your reading and research into what the market needs today and what it might need tomorrow. Whether you’re building under a title company or as a sole proprietor, the factor remains that you have to engage an architect who has at least a basic understanding of how to build a vacation home. This is the first time that your future guest and their needs will enter into the plans for this new home.
To this point, your guests want a beautiful home that displaces everything around it. They need an escape from their everyday lives, and they will now be coming to you for relaxation instead of the daily grind. The most important thing to them is luxury or at least comfort, but then again, these words are interchangeable when you’re designing and looking at ways of how to build a vacation home.
Even if you’re looking at pre-existing plans or basic architectural designs, your guest’s needs are paramount. Yes, they want luxury; but they must feel safe and secure, so safety features will be among the first deductions you make in your new home. It has to have a place for them to store their belongings, be it just the clothing they need for the time, or if you’re building anew, how many of those suitcases can you cram into your storage areas? And finally, it needs to be as close as possible to all of the places they want to go and see. The closer it is to the beach or your town’s main street, the more money you can charge for a nightly rental agreement. This will offset any extra construction costs that were needed to make this happen in the first place.
Design For Extended Stays
There is a lot to think about when you build or renovate a vacation home, and it can be quite expensive, especially if you do qualify for hotel loans. So many decisions, so many conflicting opinions, and endless choices; how do you even begin? One of the most important things to think about, which isn’t talked about enough, is how to build a vacation home designed for an extended stay. Making your house functional for guests with an average length of stay greater than just a few nights is the first step to building the perfect vacation rental home.
You may think, ‘I’ll never have guests for more than five days in my home, so this doesn’t apply to me!’ but the truth is, even if it’s only your family or friends who might come to visit, they may have a reason to stay longer than you expect. Maybe someone gets sick and needs a place to rest up before continuing on their journey. Maybe the weather is bad, and no one wants to travel. Whatever the reason, it’s important that your home can accommodate this possibility (and if you’re really lucky – even encourage it!)Designing your home to accommodate guests for an extended stay is also an important step towards building the Perfect Vacation Rental Home, because it’s the first step in building a profitable vacation rental business.
First, it is important to review why exactly creating a space that can house guests long-term is more complicated than just designing to accommodate overnight guests. Most visitors who plan to stay for an extended period will prefer preparing their own meals. It will therefore be necessary to invest in a modern kitchen fitted with spacious kitchen cabinets and, if you’re looking to spend a little bit extra for something that will make an impression on all of your guests, quart counter tops.
Now that you’ve decided that your guests will need some space of their own, which answers, to a large extent, the question of how to build a vacation home, the next is to consider how they’re going to get it. For one thing, your guests will need some space of their own to stay! Whether that means building a separate apartment on your property or simply designating certain rooms for short-term renters and others for extended stays, it’s an important step you must consider. For example, if you’re building a separate apartment for extended stays but the only way in and out is through the main house, you’ll need to provide separate entrances and exits.
Build A Vacation Rental Home That Stands Out
If you have a vacation rental home or are working on how to build a vacation home, one of the most important steps to increase your income is making it stand out from other rentals in your area. This distinction should be evident from how you do your roofing to how the windows and doors are fixed. Remember that this will have great importance when professional home inspections are being done. When you want people to book at your house over other homes, some specific things will make them think about staying with you instead of going elsewhere. Some suggestions for ways to do this are as follows.
· First of all, the outside of your home needs to look good. This is where you need to spend some money on landscaping and lawn care services if you want to do this work. Hire someone that can come in regularly and keep up your yard. If it is well-manicured, people will stay in your rental over others.
· Another thing that you can do is to make sure your home is clean and well-stocked when people get there. It means having new sheets on the beds, plenty of towels in each bathroom, and investing in outstanding window blinds. If it looks like no one lives in the rental property, they are more likely to stay there.
· Another way to make your place stand out is by adding some amenities that are not offered at other homes in the area or even other places nearby it. This might be a swimming pool, hot water heaters, water slide, indoor game room, or something else unique. Just make sure you have everything included if you add an amenity that is not offered at many other homes.
· As you can see, there are certain things you need to do when it comes to building the perfect vacation rental home. If you want people to stay in your house over others, make sure these things are taken care of and done properly. Once this happens, you will be able to increase your income.
Update Your Home with New Technology
As a homeowner, you may need to update your vacation rental. The reason for this is that technology has made its way into many parts of people’s lives, and it’s also beginning to find its way into houses as well. You’re probably wondering how updating your vacation rental with new technology will be important. Well, it can be very useful. For example, you can use it for your guests if they are not familiar with the area they need to go to. When you give your guests this technology, it’ll be very helpful because they won’t have to look for a paper map or even ask around where something is located.
Another instance where new technology will come in handy is if you happen to have lower-income guests. You may not be able to give them an entire house for their stay, but by giving them the amenities that come with new technology, they can enjoy themselves without feeling like they’re just getting a room. Having phone apps available to your guests will allow them to make local calls. If they need to make local calls, such as calling the nearest taxi company or maybe even a restaurant, they can do it without searching for a payphone. And if your guest happens to need something from an online store, whether it’s clothes or even food delivery, all of this can be done by using the house computer or tablet that is in the home.
Thinking about updating your vacation rental with new technology? Well, it’s very easy to do so. It can benefit you in many ways, even when it comes to finding a little extra income. Don’t be afraid of using this form of technology in your vacation rentals, because it can be quite helpful for everyone involved when you have to worry about reducing your expenses and paying off any debts that may be lingering.
Plan Carefully For Guest Access
Guest access is an essential part of renting your home or property to vacationers. You want to provide your renters with an enjoyable experience in a comfortable and safe environment. To do that, you need to plan for guest access. Exemplary guest access goes beyond having an ample parking space designed with asphalt sealcoating, and technology also plays a critical role in the element of guest access. First, you want to consider your security. How will you manage access? Will you use an app-based platform or a keyless system? You also need to plan for guest arrival times, especially if they are not local. There is nothing more frustrating than arriving at your vacation home and realizing that you cannot get in even though the office is open. At the beginning of your planning process, and you desire to understand how to build a vacation home, you want to consider what technology will work best for you.
Several companies are offering guest access systems that allow you to remotely monitor the use of your home and provide guest entry codes, all through their app. It will interest you to know that most access systems today address the issue of fire violation corrections as well as window violation corrections. This way, if it’s an emergency, or if there is a maintenance issue or a future guest needs access to the house, you can contact them through the app. It would be best if you also had a safety plan.
If your vacation rental property is in a beachfront location where there could be potential danger from high tides and storms, you may want to provide an access code that changes frequently. Alternatively, you can provide guests with an access code for daytime use but require them to check in with you during their stay to let you know their estimated arrival time so that they don’t keep trying to gain entry. This is especially important if your renter is arriving late at night. Another key factor as you work on how to build a vacation home is to plan to provide interior access for housekeeping. Setting up a point of entry with an exterior keyless system can be challenging without disrupting the vacationer’s stay. Many companies are offering products that work with an app.
Go All Out On The Exterior Of Your Home
The exterior of your home will play a significant role in defining how to build a vacation home and its ability to attract renters. Whether you are creating a rental home for the first time or trying to attract more renters, there are many issues that you will need to consider when it comes to exterior design. This will include landscaping, color scheme, curb appeal, and many other aspects that can make or break your rental income. As you work on how to build a vacation home, the first step in exterior design is to create a color scheme that will be used in the home. This should include painting your doors and window trim, choosing colors for shutters and other types of siding, selecting plants and flowers, etc. Choosing a color scheme that will work well with your landscaping, porch or deck design, and other exterior features is important.
It would help to pick colors close together on the color wheel since this will provide more continuity throughout the property. For example, if you create a Spanish-style home, picking reds and browns will work well together, while lavenders and pinks make a great color scheme for Victorian homes. If you are creating a rental property, then neutral colors are usually best. You also need to make sure that your exterior design fits in with the local neighborhood or community. If you are building an English Cottage-style house, large lawns and manicured gardens will work well for your exterior design. However, if you are building a Spanish Colonial-style home, your exterior design should be built around a courtyard or patio. Careful thought and planning are necessary when it comes to exterior design. You can even hire a professional if you are going for an upscale look.
It is the desire of everyone to invest and make extra money. However, every investment has its own rules and guidelines which must be followed. The same is true when building a vacation home. By following the guidelines discussed in this article, you will be in a better position to excel in business.