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Updated 9 months ago on . Most recent reply

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Kyle Smith
  • New to Real Estate
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Am I crazy for building a new cabin in Gatlinburg?

Kyle Smith
  • New to Real Estate
Posted

Hello y’all, I’ve posted something similar not too long ago, but I still feel compelled to build something incredibly unique.  I’m looking to build a 1-2 bedroom that caters to honeymooners and people wanting to stay in a unique space.  I am hoping to make the property so unique it attracts YouTube influencers, etc and make the cabin an attraction in itself along with a good Mountain View close to town.  I found some land in Chalet Village with all utilities under 100k and I’m thinking about taking the dive even in the midst of a turn down.  Am I crazy or should I wait on this about a year?  My gamble is, about the time I get this cabin designed and built, the Airbnb market is back on the upswing. If the market doesn’t spring back to 2023 numbers , I’m hoping the uniqueness keeps it floating above the other 11,000 cabins out there .  

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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied
Quote from @Kyle Smith:

Are you positive? That's rare now all around the US based on recent threads on the Forum here....


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