Airbnb Market Analytics, Statistics and Data in Area E (Balfour/Cottonwood Lake), British Columbia, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Area E (Balfour/Cottonwood Lake)? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Area E (Balfour/Cottonwood Lake):
How much do Airbnb hosts make on average per month in Area E (Balfour/Cottonwood Lake)?
The short-term rental market in Area E (Balfour/Cottonwood Lake) shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,894 per month
- Strong performing properties (top 25%) make $2,983 or more
- Best-in-class properties (top 10%) achieve $4,458+ monthly
- Entry-level properties (bottom 25%) typically earn around $916
Revenue Variations by Month
Occupancy Rates Throughout the Year in Area E (Balfour/Cottonwood Lake)
The market in Area E (Balfour/Cottonwood Lake) shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 47% occupancy rates
- Strong performing properties (top 25%) achieve 72% or higher
- Best-in-class properties (top 10%) reach 87%+occupancy
- Entry-level properties (bottom 25%) average around 23%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Area E (Balfour/Cottonwood Lake)
Daily rates in Area E (Balfour/Cottonwood Lake) vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $111 per night
- Strong performing properties (top 25%) secure $153 or more
- Best-in-class properties (top 10%) pull in $229+ per night
- Entry-level properties (bottom 25%) earn around $82
Daily Rate Variations by Month
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Seasonality patterns in Area E (Balfour/Cottonwood Lake)
Peak Season (July, August, June)
- Revenue peaks at $3209.14 per month
- Occupancy rates reach 65.16%
- Daily rates average $140.29
Shoulder Season
- Revenue averages $2229.54 per month
- Occupancy maintains 48.12%
- Daily rates hold at $131.18
Low Season (October, December, November)
- Revenue drops to $1600.78 per month
- Occupancy decreases to 40.08%
- Daily rates adjust to $123.66
Is it still profitable to do Airbnb in Area E (Balfour/Cottonwood Lake) in 2025?
Yes! Area E (Balfour/Cottonwood Lake) demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 48% and solid monthly revenue averaging $2230 and With 100 active listings, this emerging market offers significant first-mover advantages. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Area E (Balfour/Cottonwood Lake)
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Balfour | A quaint community perfect for outdoor enthusiasts and families looking for a peaceful retreat near the lake. Known for its stunning views and recreational opportunities around the Kootenay Lake. | Kootenay Lake, Balfour Golf Course, Balfour Beach Park, Kootenay Lake Ferry, Lakeside trails, Local dining options |
| Cottonwood Lake | An idyllic spot for nature lovers, Cottonwood Lake offers numerous water activities and is surrounded by forest, making it a draw for vacationers seeking tranquility and adventure. | Cottonwood Lake, Hiking trails, Fishing and boating, Wildlife viewing, Picnic areas, Nearby provincial parks |
| Nelson | Known for its vibrant arts scene and historic architecture, Nelson attracts tourists looking for culture, festivals, and outdoor activities across all seasons. | Baker Street, Nelson Heritage Site, Osprey Lake, Art galleries and studios, Nelson Museum, Outdoor markets |
| Kaslo | This charming village is known for its historic buildings and proximity to the stunning Kootenay Mountains, ideal for visitors interested in history and nature alike. | Kaslo's historic buildings, Kaslo Bay Park, S.S. Moyie National Historic Site, Mountain biking trails, Local craft shops |
| Ainsworth Hot Springs | Famous for its natural hot springs, Ainsworth attracts health and wellness tourists seeking relaxation and rejuvenation in a picturesque setting. | Ainsworth Hot Springs Resort, Natural hot springs, Outdoor spa, Scenic hiking trails, Kootenay Lake nearby |
| Trail | A community rich in history with a growing number of outdoor and cultural attractions, appealing especially to families and adventure travelers. | Trail Riverfront Walk, Glenmerry Golf Course, Royal Theatre, Outdoor sports facilities, Historic downtown area |
| Creston | This agricultural town is known for its wineries and beautiful landscapes, attracting tourists who appreciate local produce and scenic views. | Creston Valley Wildlife Management Area, Local wineries and breweries, Creston Museum, Farmers markets, Hiking and biking trails |
| Salmo | A lively gateway to outdoor exploration, Salmo offers a mix of adventure and relaxation for visitors looking to explore the natural beauty of the area. | Salmo River, Salmo Ski Hill, Local artisan shops, Hiking trails, Festivals and local events |
Do you need a license for Airbnb in Area E (Balfour/Cottonwood Lake)?
We recommend checking directly with Area E (Balfour/Cottonwood Lake)'s local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (1% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Area E (Balfour/Cottonwood Lake)
Kootenay, Lakeside Retreat, Main Floor and Walkout
Entire Place • 3 bedrooms
Eagleview Retreat Guest House. Two lodgings in one
Entire Place • 5 bedrooms
Beautiful spacious house at the top of Nelson
Entire Place • 6 bedrooms
Mountain Station Lookout
Entire Place • 3 bedrooms
*Eagles Nest* Luxury Chalet w/ HoT TuB + PooLTABLE
Entire Place • 3 bedrooms
Brand new modern West Coast style home
Entire Place • 1 bedroom
Top Performing Professional Hosts in Area E (Balfour/Cottonwood Lake)
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Shelley | 3 | $145,874 | 19 | 4.79/5.0 |
| Charlotte | 3 | $117,688 | 362 | 4.90/5.0 |
| Mike And Bronwyn | 2 | $103,234 | 106 | 4.96/5.0 |
| Jeff | 2 | $80,793 | 124 | 4.95/5.0 |
| Cody | 1 | $64,518 | 166 | 4.87/5.0 |
| Sara | 2 | $56,557 | 51 | 4.94/5.0 |
| Melissa | 2 | $47,951 | 639 | 4.96/5.0 |
| Tiffany | 1 | $46,159 | 141 | 4.94/5.0 |
| Karen Belland | 1 | $44,938 | 349 | 4.95/5.0 |
| Jolaine | 3 | $44,376 | 78 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Area E (Balfour/Cottonwood Lake)
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (95%), with house and outdoor & mobile properties comprising 72.0% of inventory
- Strong specialty sector (31.0%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays, apartment & condo segments (4.0% combined)
Room Capacity Distribution
Analysis of 100 properties in Area E (Balfour/Cottonwood Lake) shows that 1 bedroom properties are most prevalent, making up 44% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 69.0% of all listings.
Key Insights
- Most common: 1 bedroom (44%)
- Least common: 5+ bedrooms (2%)
- Market concentration: 69.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 100 properties in Area E (Balfour/Cottonwood Lake) reveals that 4 guests properties dominate the market, representing 28% of all listings. The average property accommodates 4.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 53.0% of the market.
Key Insights
- Most common capacity: 4 guests (28% of market)
- Least common capacity: 1 guest (1% of market)
- Average guest capacity: 4.2 guests per property
- Market concentration: 53.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 100 properties in Area E (Balfour/Cottonwood Lake), the most common availability pattern is 271-366 days (40% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (30% of properties).
Key Insights
- Most common availability window: 271-366 days (40%)
- Most common booking duration: 31-90 days (30%)
- Properties with high availability (180+ days): 66.0%
- Properties with long-term bookings (180+ days): 36.0%
Minimum Stay Distributions
1 Night
24 listings
25.3% of total
2 Nights
36 listings
37.9% of total
3 Nights
23 listings
24.2% of total
4-6 Nights
8 listings
8.4% of total
7-29 Nights
4 listings
4.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 63.2%
- Mid-length stays (4-6 nights) represent 8.4% of listings
- Monthly+ stays (0%) suggest a stable extended-stay market
- High market flexibility with 87.4% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
12 listings
12.9% of total
Moderate
29 listings
31.2% of total
Firm
29 listings
31.2% of total
Strict
23 listings
24.7% of total
Key Insights
- Moderate is the preferred policy at 31.2% of listings
- The market shows a balanced distribution between guest-friendly (44.1%) and strict (55.9%) policies
- Flexible policies are least common at 12.9% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Aug, averaging 85 days
- Shortest booking windows are in Mar, Apr, Nov, averaging 44 days
- Summer shows the longest average booking window at 85 days, while Fall has the shortest at 48 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 85 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Nov when lead times are shortest
Popular Airbnb Amenities in Area E (Balfour/Cottonwood Lake)
Below is the distribution of amenities across listings in Area E (Balfour/Cottonwood Lake):
Traveler Demographics
Key Insights
- Domestic travelers make up 70.6% of total guests, indicating a dominant local market share.
- Primary international markets: United States (24.3%) and United Kingdom (1.6%)
- English is the top language at 78.6%, followed by French (9.9%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.6%
Recommendations
- Target marketing campaigns for Calgary and Spokane markets
- Develop localized content for United States and United Kingdom
- Prioritize English and French language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Area E (Balfour/Cottonwood Lake). These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| West Glacier | 75 | $4,754 | $442.48 | 57% |
| Whitefish | 970 | $3,727 | $404.49 | 41% |
| Babb | 55 | $3,449 | $275.10 | 64% |
| Bragg Creek | 48 | $3,320 | $203.77 | 60% |
| Foothills County | 10 | $3,251 | $218.74 | 48% |
| Martin City | 45 | $3,130 | $239.83 | 57% |
| Somers | 70 | $3,112 | $363.75 | 46% |
| Kalispell | 516 | $2,950 | $268.17 | 51% |
| Columbia Falls | 499 | $2,931 | $272.15 | 52% |
| Area B (Lake Koocanusa) | 28 | $2,912 | $355.20 | 41% |
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