Hey all! Anyone have any opinions on the difference in rental potential for a house VS a cabin STR in the smokies? All other things being equal like views, amenities, etc..
Real Estate Agent · Sevierville, TN · Member since 2015 · 1k+ posts · 1k+ votes
5y
Cabin. The Smokies is about an experience, and people want someplace different from their suburban house. Cabins do best, then chalets, and anything that doesn't feel like a "typical" suburban home (we have a bunch of weird stuff up here). The ordinary house vibe will be the last thing to rent, all other things being equal. CAN they rent? Sure, there's enough demand here to go around. But it won't see the prices or occupancy a cabin or similar will.
Real Estate Agent · Sevierville, TN · Member since 2015 · 1k+ posts · 1k+ votes
5y
Cabin. The Smokies is about an experience, and people want someplace different from their suburban house. Cabins do best, then chalets, and anything that doesn't feel like a "typical" suburban home (we have a bunch of weird stuff up here). The ordinary house vibe will be the last thing to rent, all other things being equal. CAN they rent? Sure, there's enough demand here to go around. But it won't see the prices or occupancy a cabin or similar will.
Thank you all! This confirms what I was concerned about. @Julie McCoy I’m looking just over the line from your neck of the woods in the Maggie Valley / Waynesville area.
Real Estate Agent · Sevierville, TN · Member since 2015 · 1k+ posts · 1k+ votes
5y
@Brett Milde I've been going to Maggie Valley since I was a child, I love it there :) Not sure how the vacation rental returns are, but it's a fabulously beautiful place that is dear to my heart!