Canaan, VT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

16 / 42

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$20,630

Middle-Earners Revenue

Occupancy

40%

Middle-Earners Occupancy

Home Value

$192,138

Median Home Sale Price

Top Earners

$43,788

Top-Earners Revenue

Canaan

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Canaan.

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C

Challenging to Investors

Canaan Regulations

Short-term rentals are not a permitted-by-right use in Canaan’s zoning and generally require interpretation, conditional use, and site-plan approvals across districts; the process entails multi-step local and state permits (zoning, ZBA, lodging license, fire/life-safety), detailed plans and ongoing compliance, and potential occupancy limits tied to wastewater capacity—making compliance moderately burdensome and reducing investor friendliness.

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About Canaan

Canaan is a town in Essex County, Vermont, United States. The population was 896 at the 2020 census. Canaan contains the village of Beecher Falls, located at the confluence of the Connecticut River and Halls Stream. It is part of the Berlin, NH-VT Micropolitan Statistical Area. Due to Québécois ancestry, 26% of Canaan residents speak French as their primary language, making the town one of New England's "Little Canadas." This is a decrease from 1982, when nearly 44% spoke French as their native language.

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