Basye, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Basye short-term rental market based on reliable data.

Listings

444 / 636

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$29,606

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$329,809

Median Home Sale Price

Top Earners

$73,407

Top-Earners Revenue

Basye

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Basye.

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B

Generally Investor friendly

Basye Regulations

STRs are permitted citywide (unincorporated) with by‑right approval for ≤4 bedrooms and a straightforward annual permit ($225) plus inspection; SUP is only needed for >4 bedrooms or non‑dwellings. Fees and rules are moderate, occupancy caps are clear and manageable, and local government tone is supportive.

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About Basye

Overview of Basye, VA:

Basye, Virginia, is a small community nestled in Shenandoah County. It is known for its scenic beauty and tranquil environment, making it a popular destination for vacationers seeking a respite from city life. The town's population is relatively small, providing a tight-knit community feel with an estimated population in the low hundreds.

Distance to Closest Major City:

Basye is located approximately 110 miles west of Washington, D.C., making it a manageable distance for urban dwellers looking for a short-term getaway to the countryside.

Landmarks and Points of Interest:

  1. Bryce Resort: The most prominent recreational facility in Basye is Bryce Resort, which offers a variety of year-round activities such as skiing, snowboarding, golf, and mountain biking. More information can be found here.

  2. Lake Laura: Another notable attraction is Lake Laura, a 44-acre lake that provides opportunities for kayaking, swimming, and fishing. Details about Lake Laura and its amenities can be found here.

  3. Shenandoah Caverns: Not far from Basye, Shenandoah Caverns offers a fascinating underground experience with guided tours of stunning geological formations. Learn more about Shenandoah Caverns here.

  4. George Washington and Jefferson National Forests: These vast natural areas provide ample opportunities for hiking, camping, and wildlife observation. More about the forests can be found here.

Appeal for Short-term Rentals:

Basye, with its serene landscape and proximity to recreational facilities, offers an ideal setting for short-term rentals. The community's small population ensures a peaceful environment, while the area's natural attractions provide plenty of activities for visitors. The town's distance from Washington, D.C., adds to its appeal for city residents looking for a quick escape. Short-term rental properties in Basye cater to families on vacation, outdoor enthusiasts, and travelers seeking a quiet, nature-centric retreat. With landmarks like Bryce Resort and Lake Laura, renters can enjoy a wide range of outdoor activities throughout the year.

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