So, you’d like to know exactly how much revenue your new Canmore Lifestyle Property will put into your Piggy Bank. Well, that depends. Location? Size? Furniture? Fixtures? How often would you like to use it yourself? Is it downwind of the sewage treatment plant (the area lovingly referred to as “Dowisetrepla”)? Does the neighbour shake an angry fist at everyone with a suitcase? Yeah … that’s a factor.
Oh No … where to start! Don’t worry, we got this. We’ve been collecting data and analyzing the Canmore Short Term Rental Market since 2005. Yeah … it’s a lot of data to sift through, but there is so much good information hidden in those spreadsheets! And even more knowledge rumbling around our craniums. We’ve got quite a bit of Hot Gossip on the various buildings, Zoning Designations & Issues, and more. So you’ve come to the right place.
How can I get a Canmore Short Term Rental Market Analysis?
Answer: Get thyself added to our “New Buyers List”, posthaste. About once a month, we prepare a Market Analysis for a new listing, a listing that is full of potential, or a new building. We don’t publish it on the website because we like to keep this valuable info in the Rockies Rentals Family.
What’s in the Canmore Short Term Rental Market Analysis?
THE UNIT: Where is it? What is it? … and where can I see pictures and info.
GROSS INCOME: We use our oodles of real historical Canmore Short Term Rental Data to determine a Low, Middle, and High Income Forecast. And then we take the average. We recommend that New Buyers budget for the “Low”, reasonably expect the “Mid”, and be uber-excited when we hit the “High”.
AVERAGE DAILY RATE: High Season Nightly Rate are much higher than Low Season Nightly Rates (go figure). ADR gives us the average so that we can compare apples to apples.
OCCUPANCY: Again, we use the super valuable historical data to determine a Low/Mid/High Occupancy Level. And then we take the average.