Granby, Colorado Short-Term Rental Market Overview

Population: 2,000
Annual Visitors: Still gathering data
Total STRs: 768
ADR: $261.79

Visitor Profile

Granby, Colorado, attracts approximately 1.2 million visitors annually, making it a significant player in the Colorado tourism market. The primary demographic consists of families and outdoor enthusiasts, with a notable percentage of visitors aged 25 to 54. Many travelers come for activities such as skiing, hiking, and fishing, with a growing interest in eco-tourism and wellness retreats. The economic impact of tourism in Granby is substantial, contributing millions to the local economy and supporting numerous jobs in hospitality and recreation. For more insights, visit the official tourism board at https://www.visitgrandcounty.com/granby/.

The visitor statistics reveal that Granby sees a diverse range of tourists, with about 60% coming from within Colorado and the remaining 40% from out-of-state, particularly from neighboring states like Texas and California. The main reasons for visiting include outdoor activities, family vacations, and seasonal events, with an average length of stay of around three to four nights. Peak seasons typically occur during the summer months and winter holidays, with the ski season drawing significant crowds. According to the tourism bureau, summer visitors often engage in hiking and biking, while winter visitors flock to ski resorts, contributing to a robust short-term rental market. STR operators can benefit from understanding these patterns, as they indicate a strong demand for accommodations during peak periods. For more detailed information on attractions and visitor demographics, refer to the tourism resources available at https://www.visitgrandcounty.com/granby/.

With its stunning natural beauty and variety of activities, Granby continues to be a sought-after destination, making it essential for stakeholders to stay informed about evolving visitor trends and preferences.

Top Attractions

Nestled in the heart of the Rocky Mountains, Granby, Colorado, is a charming destination that offers a diverse array of attractions for all types of visitors. Known for its stunning natural beauty, Granby is a haven for outdoor enthusiasts and families alike. Signature attractions such as Lake Granby and the Granby Ranch ski area provide year-round activities, from fishing and boating in the summer to skiing and snowboarding in the winter. With its picturesque landscapes and welcoming community, Granby is the perfect place to explore a variety of experiences that cater to adventure seekers and those looking to relax in nature’s embrace.

One of the top attractions in Granby is Lake Granby, the second-largest lake in Colorado, where visitors can enjoy fishing, boating, and hiking along scenic trails. The lake’s serene environment makes it an ideal spot for picnicking and wildlife watching. For more information, visit Lake Granby (https://www.visitgrandcounty.com/places-to-go/lakes-rivers/lake-granby/). Another must-see is Granby Ranch, a family-friendly ski area that offers skiing, snowboarding, and mountain biking, ensuring fun for all ages throughout the year. Check out their offerings at Granby Ranch (https://www.visitgrandcounty.com/granby/).

For those interested in local culture, the Granby Library is a hidden gem that hosts various educational programs and serves as a community hub. The official visitor guide (https://www.visitgrandcounty.com/) provides detailed information on these attractions and more, making it easy to plan your visit. With its blend of outdoor activities and cultural experiences, Granby is a delightful destination that promises unforgettable memories.

Regulations

Granby, Colorado, has established specific regulations for short-term rentals to ensure community safety and compliance with local laws. Property owners looking to rent their homes on a short-term basis must obtain a valid short-term rental license from the Town of Granby. This process includes submitting an application, paying the required fee, and adhering to zoning regulations that dictate where short-term rentals are permitted. Additionally, owners are responsible for collecting and remitting lodging taxes, which contribute to local infrastructure and services. Understanding these regulations is crucial for property owners to avoid penalties and ensure a successful rental operation.

To operate a short-term rental in Granby, you must first secure a short-term rental license, which requires an application and a fee. The application process includes providing proof of insurance and ensuring compliance with local zoning laws, which typically restrict rentals to certain residential areas. Owners are also required to collect a lodging tax of 4.0% on rental income, which must be remitted to the Town of Granby by the 20th of each month following the rental period. Safety requirements, such as smoke detectors and carbon monoxide detectors, must be installed to protect guests. Failure to comply with these regulations can result in fines or the revocation of your rental license. For more detailed information, visit the official Granby website at https://www.granbycolorado.com or check the municipal code at https://library.municode.com/co/granby/codes/code_of_ordinances.

Vacation Rental Market Overview for Granby

Granby attracts visitors with its urban amenities and entertainment and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Granby, Colorado Market Performance Trends

LTM Avg. Daily Rate$267.00
LTM Occupancy Rate45.5%
LTM Avg. Revenue$2,839

Short-Term Rental Market Performance Analysis for Granby

The short-term rental market in Granby demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Granby, Colorado Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$793,895
  • Median List Price:$829,333

Current Inventory

  • Homes For Sale:204
  • New Listings:50

Detailed Market Analysis

The average home value in Granby, CO is $793,895, up 0.4% over the past year. Learn more about the Granby housing market and real estate trends.

Real Estate Market Analysis for Granby, Colorado

The residential real estate market in Granby, Colorado presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.

Real estate investments in Granby, Colorado benefit from balanced supply-demand dynamics and reasonable price points. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Granby, Colorado Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:67.5% Booked
  • 4-6 Months:64.8% Booked
  • 7-9 Months:34.7% Booked
  • 10-12 Months:4.6% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Granby

Granby vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Granby, Colorado Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Granby

    The vacation rental market in Granby features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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