If you’re interested in getting into the world of Airbnb, there are many ways to go about it. If you own a home with a private basement, this is a great way to start – many people don’t use their basements very much, which means that a rental is one of the best ways to utilize it more effectively. However, what makes it more likely that you’ll rent your basement out for more? Here are five of the elements that can turn your basement into a great Airbnb basement.
This isn’t really something you can change, but it’s one of the most important things to consider. Obviously, different areas will command higher prices. You’re more likely to rent your basement for more when you live in an area that has higher rental prices. Additionally, if you live within walking distance of tourist-y areas, highlight that in your Airbnb listing, as it has the possibility to lead to higher prices.
2. Private Entrances
Even though basements go completely or partially into the ground, some basements also have entrances that lead to the outside without ever having to go into the rest of the home. If your basement has a private entrance, this can significantly increase its value. This gives the Airbnb customer the ability to enter and exit their room without having to interact with you, which can make them more likely to book the room.
3. Well-Outfitted Areas
You want to give your guest everything they need to stay in your Airbnb in a comfortable manner. If your basement has gas hookups, you may want to add a full kitchenette; even without that, however, you can still add electric stoves and toaster ovens to allow your guests to stay comfortable. Give your guests everything they need and then some.
4. Effective Use of Space
It’s always helpful to have areas that work well as both living areas and sleeping areas. For example, if you have a fold-out sofa, you can allow a living area to quickly adapt into an extra sleeping area, ensuring that more people can stay in your basement. This is an extremely effective use of space that can be a major selling point.
5. Beautiful Décor
Though it might not be the most absolutely important thing, beautiful décor is definitely a selling point for your Airbnb basement. Try to let your décor personality shine through. Everyone likes something different – show your customers what type of person you are through your home décor skills. It’s not what determines your Airbnb price, but it can certainly add to it.
As you can see, a high-value Airbnb basement has multiple factors to it. While not all of them are exactly in your control, some of them certainly are. It’s important to make sure that you’re doing the most you can with the space you have. That way, you’ll be much more likely to eventually get your own Airbnb basement on a list of the most beautiful Airbnb basements out there.