High prices are here to stay, market was undervalued, experts say By Polly Mikula The average home in Killington sold for over $1 million in the first quarter of 2022 — the highest evaluation ever — and those prices are […]
Tag: airbnb
Real Estate sales shatter records
Demand pushes prices up, particularly in Killington By Polly Mikula “Over $70 million year-to-date is more than the last three years combined,” Heidi Bomengen, owner of Prestige Real Estate, which sells real estate exclusively in Killington, wrote in the company’s […]
Scott vetoes rental registry
Housing bill included statewide inspection system for short- and long-term rentals By Xander Landen/VTDigger Gov. Phil Scott on Friday, July 2, vetoed legislation that would have set up a rental registry and statewide system to enforce property safety standards. The governor […]
Airbnb owners see increase in guests
Staff Report A yurt in the woods of Hartland has become one of the state’s most popular Airbnb rentals for the ski season. The yurt, 30 feet in diameter, with 700 square feet of space, is off a long driveway, […]
Airbnb generates $7.8 million in tax revenue for Vermont
Since reaching its tax agreement with Vermont two years ago, Airbnb has remitted more than $7.8 million in taxes. Airbnb automatically collects and remits this tax, providing a significant boost to state coffers while making the process seamless for individuals […]
Too big to rent? Public hearing on VRBOs postponed
By Katy Savage A public hearing before the Killington Development Review Board about a Killington rental home was called off moments after it started Oct. 17. Attorney Pat Burke, who represented several property owners in the Cricket Hill Community at […]
Local makes camping a luxury with Tentrr
By Katy Savage HUBBARDTON—Kurt Schneider calls his campsite Restoration at Cattail Cove. It sits on an edge of his lakeside property in Hubbardton, surrounded by trees and occasional blue herons at the edge of the water. It features a queen-size, […]
New law regulates short-term rentals
In an attempt to close a tax loophole enjoyed by operators of short-term rentals such as Airbnb, and to assure visitors and paying guests of safe and sanitary conditions, the Vermont General Assembly passed Act 10, requiring that certain conditions […]
Airbnb growth in Vermont ski towns is exponential; Killington posts the most listings in the state
By Karen D. Lorentz Nationally, the Airbnb trend has caught on in ski towns, so it’s not too surprising that it is popular in Killington. In fact, Killington ranks no. 1 for having the most Airbnb accommodations in Vermont with […]
Vt. Department of Taxes enters into collection agreement with Airbnb
On Sept. 15, the Vermont Department of Taxes announced an agreement with Airbnb to collect meals and rooms tax on payment for lodging offered by its hosts. Vermont joins other states and the District of Columbia, as well as many […]