The Top 5 Factors to Consider When Buying a Cabin as a Short-Term Rental

Buying a Cabin

If you’re considering buying a cabin to turn into a short-term rental, there are several factors you need to take into account. Not every cabin will be a good fit for this type of investment, and the wrong choice could end up costing you time and money. This blog post discusses the different types of cabins available, the top five things to consider when deciding, and the pros and cons of buying a cabin.

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Buying a Cabin: What are the Different Styles?

There are five primary styles of cabins that you’ll find on the market. Each one has its own unique appeal and can be a good fit for different types of vacationers. Here’s a quick rundown of each style:

Tiny Homes

As the name suggests, these are small cabins that offer a limited number of amenities. They’re often more rustic in nature,  and can be a good fit for those who want to get away from it all.

Lodges

Lodges are often quite large and offer more amenities, but they still have a cozy, cabin feel. They’re a good option for families or groups of friends who want to vacation together.

A-Frames

These cabins are characterized by their triangular shape, which gives them a unique look. They’re smaller than lodges but can still comfortably accommodate a family or small group and are more equipped than a tiny home.

Tree Houses

As the name suggests, these cabins are built high up in trees. They offer stunning views and a sense of being away from it all. They’re perfect for those who want to relax, enjoy nature, and have a unique stay.

Log Cabins

These are the classic cabin style, and they come in a wide range of sizes. They can be as small as a tiny home or as large as a lodge, and they offer a variety of amenities to make your stay comfortable.

Buying a Cabin

Top 5 Factors to Consider When Buying a Cabin

Location

First, you need to consider where you want your cabin to be located. Do you want it in the mountains, by a lake, or in the woods? Each location has its own unique appeal and will attract different types of vacationers. Cabins near ski resorts often do well in the off-season due to their proximity to summer activities like hiking, kayaking, etc.

Size of the Cabin

The second factor to consider is how big you want your cabin to be. This will be determined by the number of people you want to accommodate and the type of amenities you want to offer. A larger cabin will need more furniture and decor, which can add to your costs.

Cost

Of course, you’ll need to consider the cost of buying and maintaining a cabin. This includes the initial purchase price, as well as ongoing costs like property taxes, utilities, and insurance.

Furnishings and Amenities

Another thing to think about is what kind of furnishings and amenities you want to include. This will again be determined by the size of your cabin and the type of vacationers you’re hoping to attract.

Maintenance and Upkeep

Finally, you’ll need to think about your cabin’s ongoing maintenance and upkeep. This includes things like cleaning, repairs, and landscaping. Depending on the age and condition of the cabin, this can be a significant expense. If the cabin is in an area where you do not live, you will need reliable people on the ground who you trust to maintain your cabin.

Buying a Cabin

Pros and Cons of Buying a Cabin to Use as a Short-Term Rental

Now that you know the different styles of cabins and the top five factors to consider when buying one, it’s time to decide if this is the right investment for you. Here are some of the pros and cons to consider:

PROS:

  • Cabins offer a unique vacation experience that many people are looking for. Particularly with Airbnb’s new category feature, it’s easier than ever for guests to find a unique cabin experience.
  • Cabins can be a good investment, particularly if you’re able to find one at a below-market price.
  • Cabin vacation rentals are always in demand, no matter the season. They’re great options for families in the summer looking to get outside, and for those who need a cozy getaway in the winter.
  • Picturesque views make marketing a breeze.

CONS:

  • The cabin market is becoming more saturated, which means you’ll need to stand out from the competition to be successful.
  • Cabins require more upkeep and maintenance than other types of vacation rental properties, like apartments or condos.
  • Insurance prices can be high due to remote locations.

Final Thoughts

If you’re looking for a unique investment property that will offer you a good return, buying a cabin to use as a short-term rental is a great option. Just be sure to consider the factors listed above to ensure you choose the right cabin for your needs. With a little bit of planning, you can make lasting memories – and some extra cash – with your very own cabin rental property.

Host Tools provides an automated, unified calendar for short-term rental hosts, allowing you to seamlessly list on all major channels. Start your free trial today!

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