Show HN: Short-term rental estimate for sites like Airbnb

#1

Post by edouard1234567 » Mon, Aug 07, 2017, 7:53 PM UTC

Show HN: Short-term rental estimate for sites like Airbnb
eliotandme.com

Re: Show HN: Short-term rental estimate for sites like Airbnb

#2

Post by nick-cortes » Mon, Aug 07, 2017, 8:28 PM UTC

Curious to see how it relates to the mortgage of some houses.

Re: Show HN: Short-term rental estimate for sites like Airbnb

#3

Post by buf » Mon, Aug 07, 2017, 8:37 PM UTC

I found this to be really inaccurate. I've been a host of an Airbnb for a few years. I've slowly moved my price up until I hit the maximum 70£/day. I have hundreds of positive reviews.

The price the website suggested was 120£.

I then went in to put an obscure address where there is no demand, and the price was $140/day. I've rented a hotel in the area for $30/day.

Re: Show HN: Short-term rental estimate for sites like Airbnb

#4

Post by overcast » Mon, Aug 07, 2017, 8:39 PM UTC

buf wrote: post #3

I found this to be really inaccurate. I've been a host of an Airbnb for a few years. I've slowly moved my price up until I hit the maximum 70£/day. I have hundreds of positive reviews. The price the website suggested was 120£. I then went in to put an obscure address where there is no demand, and the price was $140/day. I've rented a hotel in the area for $30/day.

$30? Where is such a place, Siberia?

Re: Show HN: Short-term rental estimate for sites like Airbnb

#5

Post by ryanong » Mon, Aug 07, 2017, 8:40 PM UTC

overcast wrote: post #4

buf wrote: post #3

I found this to be really inaccurate. I've been a host of an Airbnb for a few years. I've slowly moved my price up until I hit the maximum 70£/day. I have hundreds of positive reviews. The price the website suggested was 120£. I then went in to put an obscure address where there is no demand, and the price was $140/day. I've rented a hotel in the area for $30/day.

$30? Where is such a place, Siberia?

Asheville, NC

Re: Show HN: Short-term rental estimate for sites like Airbnb

#6

Post by trevyn » Mon, Aug 07, 2017, 8:41 PM UTC

buf wrote: post #3

I found this to be really inaccurate. I've been a host of an Airbnb for a few years. I've slowly moved my price up until I hit the maximum 70£/day. I have hundreds of positive reviews. The price the website suggested was 120£. I then went in to put an obscure address where there is no demand, and the price was $140/day. I've rented a hotel in the area for $30/day.

"the maximum"? You mean you didn't get much interest above 70£?

Re: Show HN: Short-term rental estimate for sites like Airbnb

#7

Post by edouard1234567 » Mon, Aug 07, 2017, 8:44 PM UTC

ryanong wrote: post #5

overcast wrote: post #4

Earlier quoted context omitted.

$30? Where is such a place, Siberia?

Asheville, NC

Prices on Airbnb seem close to the estimate : https://www.airbnb.com/s/Asheville--NC--United-States/homes?...

Re: Show HN: Short-term rental estimate for sites like Airbnb

#8

Post by Fuzzwah » Mon, Aug 07, 2017, 8:44 PM UTC

Hobart, Australia: the estimate from this page for 1 week of renting, would cover a monthly of an interest only mortgage.

Re: Show HN: Short-term rental estimate for sites like Airbnb

#9

Post by asdf33323 » Mon, Aug 07, 2017, 8:51 PM UTC

awesome! well done.

Re: Show HN: Short-term rental estimate for sites like Airbnb

#10

Post by samwillis » Mon, Aug 07, 2017, 8:53 PM UTC

Fuzzwah wrote: post #8

Hobart, Australia: the estimate from this page for 1 week of renting, would cover a monthly of an interest only mortgage.

When I have looked into it before, that's more or less what you would expect. 1 week holiday let = covers mortgage for month.

It's almost exactly that (within 10%) for the estimate of my house.