Vacasa publishes annual report on the best places to buy a winter vacation home | national

PORTLAND, Oregon – (BUSINESS WIRE) – December 16, 2021–

Vacasa ( NASDAQ: VCSA ), the leading vacation rental management platform in North America, today released its Best places to buy a winter vacation home 2021-2022 report. From mountain condos to classic log cabins, Vacasa’s new report ranks the top 10 U.S. destinations to buy a winter vacation rental based on the average capitalization rate, or annual rate of return, and reveals which markets from coast to coast have the greatest investment potential.

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Big Sky, MT ranks in the Vacasa Report on Best Places to Buy a Winter Vacation Home 2021-2022. (Photo: Business Wire)

Vacasa services more than 35,000 vacation homes in North America, Belize and Costa Rica, and assists secondary owners in buying and selling vacation homes through its brokerage division. The company uses more than a decade of proprietary data to assess the performance of vacation rental markets for its Best Places to Buy Vacation Rental report series, in addition to other key metrics.

“It’s no secret that median home prices across the country continue to rise, but we are also seeing an increase in average daily rates for vacation rentals in major markets this year,” said Shaun Greer, Vice President of Sales and Marketing for Vacasa. “So while cap rates are a little lower than normal, annual gross revenues remain high, which translates into greater vacation rental income potential for short-term rental buyers. “

Several destinations in last year’s report have made repeat appearances this year, including Big Sky, Montana and Big Bear, Calif., But the northeastern region of the country came out on top, taking more than half of the spots on the this year’s list. To balance the old with the new, this year’s report includes a few cool, perhaps under-the-radar winter hotspots like Newry, Maine, Deep Creek, Maryland and Gatlinburg, Tennessee, which feature a variety of off-piste. adventures, such as snowshoeing, all-season hiking, and kid-friendly activities.

The 10 best places in Vacasa to buy a winter vacation home:

  1. Newry, Maine
  2. Gatlinburg, Tennessee
  3. Poconos, Pennsylvania
  4. Deep Creek Lake, Maryland
  5. Conway, New Hampshire
  6. Big sky, Montana
  7. Big Bear, California
  8. Chelan, Washington
  9. Ludlow, Vermont
  10. Banner Elk, North Carolina

According to Vacasa Holiday Forecast and Winter Travel Trends Report, nearly a quarter of Americans taking trips this winter are heading to a mountain or snow destination. So, for those who are planning to go one step further and invest in a winter vacation home, these properties can generate solid vacation rental income, or even year round, for homeowners.

“Not only are these types of homes one of the most sought after inventory types during the winter season, but they often serve as popular vacation rentals year round due to their proximity to some of the best lakes,” he said. said Greer. “According to our 2021 Vacation Rental Buyer Report, 58% of U.S. consumers in the primary home market are now looking for vacation rental property. While hot spots tend to get a lot of attention, homes in more traditional winter destinations are fantastic value for entertaining guests long after the snow has melted.

The best places in Vacasa to buy a winter vacation home

To determine its ranking of the best vacation rental markets, Vacasa analyzed home sales and vacation rental performance data for the past twelve months for vacation destinations across the country where Vacasa and its licensed subsidiaries operate. Holiday rents. * To determine the average gross rental income (owner income generated from bookings, excluding fees) for a market, we used actual performance data for the entire market, when available, except that Vacasa data have only been used for markets where Vacasa manages more than 50 units and the actual rental performance of Vacasa is at least 25% above the market average. To calculate the average cap rate, we took into account the averages of the following in each market: property taxes, utilities, HOA fees, insurance, and property management fees.

Local regulations vary by jurisdiction and the transfer of a property to a new owner may affect its ability to be used as a vacation rental. Generally, all vacation rental regulations are subject to change, which may affect your ability to use a property as a vacation rental in the future. Buyers should always check local regulations before making an investment decision.

About Vacasa

Vacasa is the leading vacation rental management platform in North America, transforming the vacation rental experience by integrating specially designed technology with local and national teams of experts. Homeowners enjoy significant additional income on one of their most valuable assets, thanks to the company’s unmatched technology that adjusts rates in real time to maximize revenue. Customers can comfortably relax at over 35,000 Vacasa homes in over 400 destinations across North America, Belize and Costa Rica, knowing 24/7 support is just a phone call away. In addition to allowing clients to search, discover and reserve their properties on Vacasa.com and the Vacasa Guest app, Vacasa provides valuable and professionally managed inventory to major channel partners including Airbnb, Booking.com and Vrbo.

For more information visit https://www.vacasa.com/press.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211216005482/en/

CONTACT: Tracy Pogrelis

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA OREGON

INDUSTRY KEYWORD: RESIDENTIAL & REAL ESTATE BUILDING COMMERCIAL & REAL ESTATE HOLIDAYS CONSTRUCTION & PROPERTY TRAVEL DESTINATIONS

SOURCE: Vacasa

Copyright Business Wire 2021.

PUB: 12/16/2021 9:00 a.m. / DISC: 12/16/2021 9:01 a.m.

http://www.businesswire.com/news/home/20211216005482/en

Copyright Business Wire 2021.


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