How Will AirBnB and Home Sharing Affect Your Neighborhood?

Regulated Home Sharing Begins in Arizona

A new law aimed at regulating short term rentals in Arizona through venues like Airbnb and others went into effect on January 1, 2017.  Arizona isn’t the first state to try to get a handle on how to regulate the sharing economy. Instead of taking a heavy-handed regulatory approach, the law is allowing open competition aimed at innovating and competing.  According  to Christopher Koopman, a senior research fellow at the Mercatus Center at George Mason University, this model of regulation has the potential to allow a windfall of tax revenue to the state and cities, although it is still too early to tell what to expect exactly.

Concerns About Legal Home Sharing

Executive Director Ken Strobeck of The League of Arizona Cities and Towns and Mark Stapp, Executive Director of the Masters of Real Estate Development program at ASU, shared some of the concerns that were taken into account as the law worked its way through the Legislature last year:

1. Homeowners are concerned that the quality of their neighborhoods will be negatively affected.  Residential neighborhoods will be turned into hotels and party houses.
2. A cluster of short term rentals in one area will change the land use which will change the feel of the neighborhood.
3. There has not been a study of crime rates in a neighborhood in relation to Airbnb and such short term rentals.
4. More strangers would be in the neighborhood.
5. Mark Stapp mentioned that it could impact the affordability of rental housing.

The cities that will be most impacted by the industry are those that have the highest tourist rates and attractions.  Sedona and Scottsdale had ordinances on the local books that prohibited short term rentals.  However, looking over the short term rental industry sites showed a large amount of activity in these cities anyway.  So, the aim is to recognize reality and impose at least minimal regulation.

Compromise in Legislation

As the law went through the Legislature there had to be a compromise.  The main concern is not ruining the character of neighborhoods.  The legislation includes ordinances that have the ability to make sure that the rentals are not a nuisance including regulations on noise, parking, the number of people allowed at the site as well as having a local contact number for the site and not just a phone number in San Francisco.

As far as tax revenues go, short term rentals have never been legally permitted so it is all a learning process.  The law requires that all participants be licensed.  It also requires Airbnb to paying the taxes to the state and not the homeowners.  The tax rate is comparable to transit lodging taxes, which are higher than retail tax.  However, there may be a trade off with more calls for public service and use of public works.  There is also a concern among conventional hotels and an impact to loss of bed tax.

Regulation by Individuals

Something to be aware of is that private regulations including deed restrictions have nothing to do with the state law and can allow individuals to group together to regulate the industry in their neighborhood.

Though there will always be concerns, the overall outlook very positive. Mark Stapp stated that he hasn’t seen anything negative about it and believes it is a good thing.  He says the industry will creative attractiveness to Arizona and attractiveness to the area is always a goal.

What Are Your Thoughts?

To listen to the entire radio interview and view the source click here:  http://kjzz.org/content/415887/new-home-sharing-law-takes-effect-arizona

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6631 E Jasmine Street Mesa, AZ 85205

New

$549,900

3 Beds

2.5 Baths

1,858 SqFt

Status Active

MLS # 6787199

Property Type Single Family Residence

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Impeccably Remodeled Home with RV Gate, New Roof and No HOA! This stunning home offers modern updates, a spacious layout, and a prime location! Situated on a large lot with an RV gate, this property has been thoughtfully upgraded to provide both style and convenience. Step inside to find a welcoming interior featuring 3 generously sized bedrooms, 2.5 updated bathrooms, and a cozy family room complete with a charming fireplace. The kitchen and bathrooms have been fully remodeled with brand-new cabinetry, sleek quartz countertops, and elegant tile flooring. The primary ensuite is a true retreat, showcasing a beautifully tiled shower, ample storage, and private access to the backyard. Outdoors, enjoy the extended covered patio—perfect for entertaining or relaxing while overlooking your expansive backyard. Recent updates include a new roof (2024) and new A/C unit (2022) for added peace of mind. Conveniently located just minutes from the Loop 202, shopping, and dining, this home truly has it all!

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5117 N 81st Street Scottsdale, AZ 85250

New

$549,900

2 Beds

2 Baths

1,216 SqFt

Status Active

MLS # 6785248

Property Type Townhouse

Price Type --

Oasis by definition is a peaceful place in the desert or it can also be defined as 5117 N. 81st St. This designer remodeled, 2 bed/2 bath home with just over 1,200 sqft. is located in the best location in of all of Chateau De Vie and a heartbeat away from the popular attractions of Fashion Square and Old Town. This home boasts a luxury chefs kitchen highlighted by modern oak thin shaker cabinets, top tier quartz countertops with waterfall edges, and Stainless Steel Samsung Smart appliances. Luxury vinyl wood plank flooring and Berber carpet accentuate the space. Baths have been tastefully done. Take in many beautiful sunsets while relaxing on your covered patio. New dual pane windows, roof, water heater, and newer AC. Airbnb/STR approved. Don't miss out on this one of a kind property!

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$549,900

3 Beds

3 Baths

2,258 SqFt

Status Active

MLS # 6781006

Property Type Single Family Residence

Price Type --

The price includes $20,000 for a rate buy-down and closing costs. This beautiful, move-in-ready home features a spacious great room that opens to a covered patio. The outdoor area boasts a heated pebble tech and travertine pool with a waterfall and jets, surrounded by palm and citrus trees. Inside, you'll find three generously sized bedrooms, each with its own full bathroom, along with a spacious dining room and plenty of storage. The main bedroom provides ample space for a sitting area or personal office, as well as a large walk-in closet and a super shower. The kitchen features granite countertops and white shaker cabinets, while plank tile flooring extends through high-traffic areas. An RV gate and a tandem four-car garage enhance the home's functionality.

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20391 N 53rd Avenue Glendale, AZ 85308

$549,900

3 Beds

2 Baths

1,589 SqFt

Status Active

MLS # 6779897

Property Type Single Family Residence

Price Type --

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2946 N 21st Place Phoenix, AZ 85016

New

$549,900

3 Beds

3 Baths

1,746 SqFt

Status Active

MLS # 6787545

Property Type Single Family Residence

Price Type --

Looking for a new home? This fabulous 3 bed 3 bath home with a large casita in Olive Manors is the one for you! Beautiful curb appeal, a manicured landscape w/lush natural turf & swaying shade trees, a 1 car garage w/built-in cabinets, RV gate, and a paver walkway are just the beginning! Discover a spacious dining & living area w/elegant wood flooring, modern light fixtures, and crisp palette throughout. Continue into the cozy great room, bathed in natural light & boasting a fireplace to keep you warm during the coming winter months. The fabulous kitchen is comprised of white cabinetry w/granite counters, stainless steel appliances, a breakfast nook, and a serving window w/a breakfast bar. Relax & unwind in the primary bedroom, showcasing vaulted ceilings, a mirrored closet, pristine ensu You'll also find a sizeable bonus/sitting room w/sliding barn doors, ideal for entertaining! Don't forget about the detached guest house, which features its very own kitchenette! Also including a lovely backyard w/a covered patio, a convenient storage shed, and a sparkling blue pool, this home is a dream come true! Hurry and act now before it's gone!

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25799 S 226th Street Queen Creek, AZ 85142

$549,900

4 Beds

2.5 Baths

2,407 SqFt

Status Active

MLS # 6606963

Property Type Single Family Residence

Price Type --

Welcome to your dream home! This exquisite single-family residence boasts 4 beds and 2.5 bath, providing ample space for comfortable family living & entertaining. Step inside to discover a well-appointed interior that combines modern elegance with timeless design. The open-concept floor plan seamlessly connects the living, dining, & kitchen areas, creating a warm & inviting atmosphere. The kitchen is a chef's delight, featuring top-of-the-line appliances, granite countertops, & a generous island that serves as the focal point for culinary creations & casual gatherings. The four bedrooms are thoughtfully designed, offering privacy & comfort to all occupants. Outside, the property continues to impress with a huge backyard space. It's a blank canvas awaiting your personal touch. Built in 2021 & situated minutes away from Queen Creek's entertainment hub, you'll enjoy the convenience of nearby amenities, excellent schools, & easy access to shopping, dining, movie theaters and a variety of entertainment options. This property truly offers the best of both worlds - a peaceful suburban retreat with a front-row seat to all the entertainment you desire. surrounded by lush green areas, amazing playgrounds, & a super cool community pool area!

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12926 S 218th Avenue Buckeye, AZ 85326

$549,900

4 Beds

3 Baths

2,100 SqFt

Status Active

MLS # 6713249

Property Type Single Family Residence

Price Type --

AMAZING NEW HOME WITH A TASTE OF COUNTRY LIVING. Check Out This Flat Prime Rural Horse Proberty That Screams Arizona living At it Finest. This NEW 2024 Built Home Is in Magical Buckeye Arizona And Is the perfect Size At 2,100 Square Feet With 4 Bedrooms & 3 Bathrooms. The Home Sits On A Flat Acre of Land And Is Perfect For Both Raising Horses Or A Family. Step Through The Double Front Doors into Your Main Living Space with Chefs Kitchen And Large Pantry. Clean Wood Looking Composite Flooring Through out With No Carpet. All Three Bathrooms have Been Updated With Custom Tile Showers. Bedrooms Have Added Custom Storage/Shelving and Multiple Walk-in Closets. Spray Foam Insulation Along The Roof In The Attic Make this Home Extra Energy Efficient. The Builder Spared No Expense On This Semi Custom Home. Rural Living At Its Finest That Includes, Mountain Views, Shared Well, Private Septic, Perimeter Fence, No HOA, Covered Patio and A Oversized 2 Car Garage.

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3218 N Ravine -- Mesa, AZ 85215

$549,900

3 Beds

2 Baths

1,868 SqFt

Status Active

MLS # 6752209

Property Type Single Family Residence

Price Type --

No HOA! This charming 3-bedroom, 2-bath home features elegant travertine floors throughout and plantation shutters for a touch of sophistication. The central vacuum and water softener make for carefree maintenance and vaulted ceilings enhance the open, airy feel, while the play pool in the backyard offers a perfect retreat. The fireplace in the family room, breakfast bar seating in the kitchen, ceiling fans throughout the home & 220V access in the garage for EV charging are just a few of the features that make this the home of your dreams. Located in a desirable Mesa neighborhood, this home blends style and functionality seamlessly and is ideal for both relaxation and entertaining. It's a true gem in a prime location with easy access to the 202 freeway, shopping and schools.

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921 E Becker Lane Phoenix, AZ 85020

$549,900

3 Beds

3 Baths

1,925 SqFt

Status Active

MLS # 6747960

Property Type Single Family Residence

Price Type --

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18663 W Vogel Avenue Goodyear, AZ 85338

$549,900

5 Beds

3.5 Baths

3,543 SqFt

Status Active

MLS # 6744673

Property Type Single Family Residence

Price Type --

****MOTIVATED SELLER***** BRING YOUR OFFERS AND Don't miss this large, ready to move into 2 story home at the end of a peaceful street. This stunning 5 bed 3.5 bath house offers all the space and privacy you might need. Rv gate leading to a HUGE backyard, 11,398 sq ft. of big for you to add a pool or make it all you dreamed of. The main floors primary suite is great for accessibility, and seclusion from the other bedrooms. Open floor plan with lots of natural light and space for everyone. Kitchen has granite counters, stainless Steel appliances, walk in pantry, and 42'' upper cabinets with beautiful crown molding. Front Office and formal dining room are in soaring vaulted ceilings with tons of windows and light pouring in. The Kitchen is a chef's dream, featuring granite countertops, stainless steel appliances, a walk-in pantry, and 42 upper cabinets with elegant crown molding. The front office and formal dining room have soaring vaulted ceilings and an abundance of windows. The previous owners smartly converted the tandem portion of the 3 car garage into a versatile office or workshop, with a sperate exterior entrance. This thoughtful modification adds to the home's square footage and provides a functional space for remote work or hobbies. With fresh interior and exterior paint, newer appliances, and pre-wired surround sound, this home is in excellent condition and ready for its new owners. Don't let this opportunity pass you by.

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19801 W Badgett Lane Litchfield Park, AZ 85340

$549,900

4 Beds

3.5 Baths

2,605 SqFt

Status Active

MLS # 6744804

Property Type Single Family Residence

Price Type --

Not often a Pulte home is for sale! This home offers 4 beds, 3.5 bathrooms with a Jr Suite upstairs! The tastefully designed interior features soothing paint tones, tall ceilings, wood-plank tile flooring, and a formal living room perfect for entertaining guests. Step into the impeccable great room filled with abundant natural light through expansive windows & two sliding glass doors. Spotless kitchen has a gas cooktop, a wall oven, quartz counters, recessed lighting, gray wood cabinetry, and an island with a breakfast bar. Upstairs, the well-sized loft is ideal for a hobby space! The main retreat showcases a soft carpet, a private bathroom, and a walk-in closet. The home's elegance extends outdoors to the tranquil backyard with a covered patio. Don't miss out

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9859 W Potter Drive Peoria, AZ 85382

$549,900

4 Beds

2 Baths

1,828 SqFt

Status Active

MLS # 6748059

Property Type Single Family Residence

Price Type --

Welcome to your beautiful, corner lot home located in the highly popular Parkridge community. This gorgeous home features an updated kitchen with new quartz countertops, matching stainless steel appliances with built-in microwave, freshly painted cabinets, a large island with breakfast bar, and high vaulted ceilings. The primary suite features a double door entry, vaulted ceilings, bay window, a full bath with dual sinks, a separate tub and shower set up, and spacious walk-in closet. The backyard features a sparkling dive pool, an entertaining area with an outdoor fireplace, and covered patio. This one is move-in ready.

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