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Updated over 2 years ago on . Most recent reply

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Jon Martin
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Anyone seen a bump in their STR returns by improving curb appeal?

Jon Martin
Posted

Assuming that your interior, furnishings, amenities, location, management, etc are dialed in and high quality, but the exterior is average in appearance, boring and dated.  

Have you seen a bump in bookings  with cosmetic exterior upgrades like updated siding, decorative lumber to front porch rails/bannisters, nice front door etc that would allow you to feature that photo in your listing? 

Most Popular Reply

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194
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Chase Hoover
  • Real Estate Broker
  • Staunton, VA
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Chase Hoover
  • Real Estate Broker
  • Staunton, VA
Replied

While I think it would be difficult to quantify exact ROI, I think any exterior updates would obviously make your listing more attractive (depending on your market) and therefore would therefore justify higher occupanacy and ADR.

If you're in a super competitive market with lots of cabins, small touches can make the difference between someone booking one place over another.  If you're in a less competitve market, you may not have to do as much.  

There are many inexpensive upgrades you can do like paint the front door, ditch the wood railings and do a modern cable railing system, landscaping, etc.  Exterior paint goes a long way if you have the budget- "moody hues" are definitely in style these days and will be more attractive than a standard stained wood cabin.

Remember, the wives/girlfriends are the ones doing the booking.  They want to book a place that looks welcoming inside & out!

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