I think I'm done

I think I'm done




Have enjoyed probably about a dozen OBX vacations over the years spaced out with vacations @ other places.
The house we stayed at 2 years ago was one of the cheapest Midgett had in the Rodanthe area & it served us OK for just the 2 of us, but you wouldn't want the place to be next door to your primary residence as it had not had any money spent on it in years.
I see the same place next year in prime is $1500. a week + fees etc. From the pics, it looks like it's still waiting for some money to be spent it.
Do others feel like me & think the rental rates have just gone too far compared to other places around the US & even some Carribean type vacations?



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RE: I think I'm done




JEFM

If you think OBX is expensive, check out the rental rates in places on the east coast for similar type rentals, I think you will find OBX to be one of the least expensive.


RE: I think I'm done




I absolutely agree with you about the pricing. I'm already priced out of visiting during in-season months. And that doesn't really bother me so much since now that I'm older and like coming in the spring or fall. We just got back from a 2 week stay in Avon. I don't mind a home that's a a little outdated but this one and last years, both through Outer Beaches, were not even cleaned after the last renters. I let OB know about it and also that we had to clean it before unpacking. Both places are small beach boxes and go for $1500+ in-season. I would never rent either place for that kind of money.

And I didn't let the cleaning issue take away from the great time we had on the island smiley I may try VRBO or Home Away next year.


RE: I think I'm done




If you're renting the cheapest houses you're renting from owners who aren't investing in the property and are willing to take less rent in exchange for less cost upgrading and maintaining the property. You'd have the same experience in any vacation rental market. The houses at the bottom of the price ladder are at the bottom for a reason. I rent at the bottom of the market too and I kinda accept that I'm not getting the best and brightest.

I agree with Whaler as well. Last year we considered renting somewhere besides the Outer Banks, but I don't think there is anywhere else on the east coast that offers what the OBX offers for the same price. In most of the other beach areas on the coast you'd be spending a fortune to get a single family house, with a pool, that's ocean view with access to beaches that aren't very crowded, if you could find it at all.

You might be able to do it by going further south, depending on where you live, but going further south for people living in the northeast is a long haul and if you start factoring in flight costs to get to the Caribbean, that offsets a lot of the other savings you might otherwise realize.


RE: I think I'm done




Compared to the beaches in Delmarva, the OBX is a little cheaper (~10%), or at least it is for now.


RE: I think I'm done




We've looked numerous places along the east coast and haven't found one that comes close to being as affordable as Corolla. It's amazing how much more they charge for smaller houses not within walking distance to a beach.


RE: I think I'm done




I guess I should have clarified. The other vacations we have taken, were not coastal types. A couple in Tenn. Charleston, Jamaica etc.
We have stayed twice in Tenn. (where the nicest people in the world seem to live) & been in really nice condos or cabins for about $100 a night. Just seems for what you get in OBX, it's gotten really expensive


RE: I think I'm done




Personally, I'm still able to get a week in Corolla each summer at a well-equipped, very well-maintained/cleaned place that's perfect for my family of 5. Just a few hundred feet from the beach access. Dog-friendly and Sunday only. For less than $1500 for the 3rd week of August. I can't beat that price for all the value we get. That said, I do see the pool of choices in that range shrinking every year as the price goes up on so many homes. I just view it as supply and demand. If the homes are priced too high, they'll stay unrented for a season or two until the owners get the message and lower the price. Probably doesn't happen much as there are still too many renters waiting to jump at the bargain places when there's an opening.


RE: I think I'm done




I guess I should have clarified. The other vacations we have taken, were not coastal types. A couple in Tenn. Charleston, Jamaica etc.
We have stayed twice in Tenn. (where the nicest people in the world seem to live) & been in really nice condos or cabins for about $100 a night. Just seems for what you get in OBX, it's gotten really expensive


I think you are comparing "Apples and Oranges", but you know your Vacation expectation, needs, and $$$ spent and I respect that.
But, I do stand by that OBX give more "bang for the Buck" than most other Coastal Vacations.
If you are still interested in Vacationing at OBX, try looking at The "Off Season rates" they are between 1/3 to 1/2 of "in season rates.


RE: I think I'm done




If you don't mind a short walk, bike ride, or drive to the beach look in Monteray Shores in Corolla for very nice, affordable in season rentals. We used to rent in there before buying our own place there.


RE: I think I'm done




Personally, I'm still able to get a week in Corolla each summer at a well-equipped, very well-maintained/cleaned place that's perfect for my family of 5. Just a few hundred feet from the beach access. Dog-friendly and Sunday only. For less than $1500 for the 3rd week of August. I can't beat that price for all the value we get. That said, I do see the pool of choices in that range shrinking every year as the price goes up on so many homes. I just view it as supply and demand. If the homes are priced too high, they'll stay unrented for a season or two until the owners get the message and lower the price. Probably doesn't happen much as there are still too many renters waiting to jump at the bargain places when there's an opening.


I'm just curious where you can find a house for this price, and does the house have a pool? I have paid literally thousands more than that for the same week in Duck, and had to stop coming due to the high cost of renting. I'll come back in a heartbeat if I can find a nice house with a pool for less than the $1500 you paid.



RE: I think I'm done




I agree with you, but I blame it on the management companies for all of the extra fees. We did not raise our rates this year as I felt they were getting too high. However, we still have to replace furniture, bedding and HVAC's every 4-5 years. We also have high insurance costs. Many of the updates or maintenance things may not show. I would hope that any renter of mine would call and ask for a lower rate rather than going elsewhere. It never hurts to ask. We're not all in it for the money. I want to share our home with others so that they can create memories for their families. I hope you will find someone you can work with.


RE: I think I'm done




For us, the Outer Banks are still a good value for what you get. Comparing it to non-beach locations isn't a fair comparison. Once you compare to a beach location with uncrowded beaches, you'll see it's in line. You also seem to be comparing a single family rental to a resort or hotel rental. Again, not a fair comparison.

Can you give us some examples of the better deals? That might help us see what you see. I grew up in North Carolina and have vacationed all across the US. The Outer Banks is still my go to repeat vacation spot.

John


RE: I think I'm done




Personally, I'm still able to get a week in Corolla each summer at a well-equipped, very well-maintained/cleaned place that's perfect for my family of 5. Just a few hundred feet from the beach access. Dog-friendly and Sunday only. For less than $1500 for the 3rd week of August. I can't beat that price for all the value we get. That said, I do see the pool of choices in that range shrinking every year as the price goes up on so many homes. I just view it as supply and demand. If the homes are priced too high, they'll stay unrented for a season or two until the owners get the message and lower the price. Probably doesn't happen much as there are still too many renters waiting to jump at the bargain places when there's an opening.


I'm just curious where you can find a house for this price, and does the house have a pool? I have paid literally thousands more than that for the same week in Duck, and had to stop coming due to the high cost of renting. I'll come back in a heartbeat if I can find a nice house with a pool for less than the $1500 you paid.


Most of the houses (probably all of them) in that price range do not have a private pool. Some have a community pool. That is usually about what our price range is, maybe a little more since we go in June.


RE: I think I'm done




I grew up on Long Island, there is no place in the Northeast you can rent anywhere close to the water for an affordable price, and the beaches are very crowded. You also can't compare a vacation off the beach, with one that is on the beach, not a fair comparison. I am an owner, I can tell you in the past 9 years EVERYTHING has gone up, management fees, utilities, taxes, and insurance. I do not raise my rates every year, but it is hard not to. I am one of those owners that makes upgrades to my house, we try to add/change something every year. not to mention replacing/fixing things from wear and tear. I also need to fix/replace things that are broken or stolen. The majority of renters are very hard on the houses. In addition, having a house near the water means more cost to maintain the exterior, I am constantly fixing/painting/cleaning decks/screens/siding/roofing and I am not even on the ocean, those places take a beating from the weather. In 9 years of ownership, I have never taken a trip to my house without having to do/fix/replace something.

I think the majority of renters would be blown away by how much time and money it takes to maintain a beach property. My house loses money every year, and for many of the owners I know, it's the same story. I am not complaining, I didn't buy my house to make money. I bought it to own my own special piece of paradise, and no matter how much work my house takes, those thoughts are magically erased when I walk down to the beach, watch the sun rise and listen to the waves. For me, there is nothing like the Outer Banks.



RE: I think I'm done




Personally, I'm still able to get a week in Corolla each summer at a well-equipped, very well-maintained/cleaned place that's perfect for my family of 5. Just a few hundred feet from the beach access. Dog-friendly and Sunday only. For less than $1500 for the 3rd week of August. I can't beat that price for all the value we get. That said, I do see the pool of choices in that range shrinking every year as the price goes up on so many homes. I just view it as supply and demand. If the homes are priced too high, they'll stay unrented for a season or two until the owners get the message and lower the price. Probably doesn't happen much as there are still too many renters waiting to jump at the bargain places when there's an opening.


I'm just curious where you can find a house for this price, and does the house have a pool? I have paid literally thousands more than that for the same week in Duck, and had to stop coming due to the high cost of renting. I'll come back in a heartbeat if I can find a nice house with a pool for less than the $1500 you paid.


No pool. We have one in our backyard, not a vacation priority.


RE: I think I'm done




Personally, I'm still able to get a week in Corolla each summer at a well-equipped, very well-maintained/cleaned place that's perfect for my family of 5. Just a few hundred feet from the beach access. Dog-friendly and Sunday only. For less than $1500 for the 3rd week of August. I can't beat that price for all the value we get. That said, I do see the pool of choices in that range shrinking every year as the price goes up on so many homes. I just view it as supply and demand. If the homes are priced too high, they'll stay unrented for a season or two until the owners get the message and lower the price. Probably doesn't happen much as there are still too many renters waiting to jump at the bargain places when there's an opening.


I'm just curious where you can find a house for this price, and does the house have a pool? I have paid literally thousands more than that for the same week in Duck, and had to stop coming due to the high cost of renting. I'll come back in a heartbeat if I can find a nice house with a pool for less than the $1500 you paid.


They're out there, but you have to be thorough in your search. Sorry I can't be more specific as I don't want to be competing for my slot each year :-)


RE: I think I'm done




I've looked at different beaches on the east coast and haven't been able to find anything remotely close to what we can get on the outer banks. The few single family homes with a pool that I have found in other areas, are not within walking distance to the beach and are still outside of our budget. Outer banks is by far, in my opinion, the best value as far as a beach vacation goes. But we don't come for the cost savings, we come for the beauty of the beaches, the serenity of often being "alone" on the beach, the fact that you can in most places walk to the sound or the ocean. for jockey's ridge, for our annual stop at Morris farm market, and, well, just because it's The Outer Banks. I don't think you can put a price tag on that.


RE: I think I'm done




I would love to know what vacation community you could get a "nice" beach home let's say 3-4 bedrooms, close to the beach with a pool less than 1500 for the week in season? I know that you can rent a small basic house without any bells and whistles in the OBX at that price in season, I've done it a few times.


RE: I think I'm done




In NC on the coast I suppose Oak Island & Topsail are in line with Outer Banks prices, although I personally haven't compared in many years. Wrightsville Beach & Bald Head are exponentially more expensive as per usual. Methinks he doth protest too much...


RE: I think I'm done




You can find places in the Caribbean for cheaper but then you have airfare and other added expenses. We vacation in the OBX every June but many years have also done a second vacation in August to one of the beach towns in the Florida panhandle and in season the rates are just as high as they are in the OBX. In fact in place like Destin, Pensacola beach, and Panama City Beach they may be higher.


RE: I think I'm done




I agree with you, but I blame it on the management companies for all of the extra fees. We did not raise our rates this year as I felt they were getting too high. However, we still have to replace furniture, bedding and HVAC's every 4-5 years. We also have high insurance costs. Many of the updates or maintenance things may not show. I would hope that any renter of mine would call and ask for a lower rate rather than going elsewhere. It never hurts to ask. We're not all in it for the money. I want to share our home with others so that they can create memories for their families. I hope you will find someone you can work with.


We have not raised our rates for the last four years yet our expenses continue to go up. This year we replaced all the toilets, six of them, to prevent any plumbing problems. We had two that developed leaks and it was more economical to simply replace them.

We are also in the process of having the great room furniture reapholstered, sofa, love seat and swivel chair, after just five years. These two things have cost nearly $5000.

We continue to make improvements to stay competitive and provide a comfortable and pleasant vacation.


RE: I think I'm done




Have enjoyed probably about a dozen OBX vacations over the years spaced out with vacations @ other places.
The house we stayed at 2 years ago was one of the cheapest Midgett had in the Rodanthe area & it served us OK for just the 2 of us, but you wouldn't want the place to be next door to your primary residence as it had not had any money spent on it in years.
I see the same place next year in prime is $1500. a week + fees etc. From the pics, it looks like it's still waiting for some money to be spent it.
Do others feel like me & think the rental rates have just gone too far compared to other places around the US & even some Carribean type vacations?



I agree 100%. Rental are as expensive as they are in NJ during the summer. My wife and I have done trips to Fl, SC and out west and have found a lot more value for our dollar in other places. Thats not to say we won't be back. We have a 14 day cruise booked in February. Hard to beat a 14 day all inclusive vacation for $3000 for the both of us. We still might come down for a long weekend or two but the days of renting a house for a week or two I think are over, at least until my son starts a family of his own and they decide to rent a place on the Outer Banks

The extra fee's added over the last 15 years has skyrocketed, your $1200 a week rental turns out be closer to $1600 with feels, tax and cleaning added


RE: I think I'm done




The cheapest places to rent are in the OBX. Maybe if you are in the bottom tier, I might be wrong, but try to find a house on the beach for $1,500 anywhere else on the east coast. I bet you can't.

My wife hates the drive and would love to rent in a Delaware beach town, but the price is just too high. Last year the three of us went to England for a week for much less than we would have spent on a beach house in Delaware.

That said, since my budget and requirements are a bit higher, I actually spent the same for transportation and accommodations to London for the 3 of us as I would for a home in the OBX ($3,200)




RE: I think I'm done




Crying smiley