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Updated over 1 year ago on . Most recent reply
Pricing on new STR Cabin in Gatlinburg
Long story short a family member is about to have a STR Cabin in Gatlinburg. Im just trying to make sure the price is somewhat in line. Here is what I know 2 BR 2BR Cabin around 1200 SQFT will be completed this year. It will be in Gatlinburg city so it is a good location and also on the city water . The guests will have access to the community pool. The cabin will be completly furnished including a hot tub. Is between 600K-650K in the right ball park for this? I understand the market has gone up drastically in the last couple of years and Im also aware that this is probably not an ideal time to buy
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- Greer, SC
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#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Quote from @Ken Boone:
Whether the numbers work for them is one thing. The price of the cabin is market rate right now from what I have seen for a new build. It is what it is.
Right!
I'd be more concerned with analyzing the numbers to make sure this cabin can be profitable.