A Perk for Owners Near Football Stadiums

For home owners who live near popular college football towns, they may be able to recoup up to 70 percent of their monthly home ownership costs by renting out their home on game days for just one night, shows a new analysis.

The median nightly listing price for renting an entire home near a popular college football town is more than doubles on game day weekend, the study shows. Landlords can earn about $410 more than they typically could get for the space, according to the analysis by personal finance website NerdWallet, which used vacation rental stats from HomeAway.

Home owners near University of Notre Dame’s campus in South Bend, Ind., stand to earn even more. Home owners there could potentially make about 144 percent of their month’s mortgage and associated costs by renting out their home for one night alone during a game. In Tuscaloosa, Ala., home to the University of Alabama’s Crimson Tides, home owners can meet up to 101 percent of their monthly home ownership obligations – more than $1,000 over the average nightly rates on non-game days, the study showed.

In Ann Arbor, Mich. – home to University of Michigan – home owners can see rental prices go from $550 to $1,665 a night on game days.

Via: NerdWallet

Source: “Renting Out Homes in These College Football Towns Could Help Tackle Mortgage Costs,” NerdWallet (Nov. 1, 2016)

Source: NAR – Real Estate News
A Perk for Owners Near Football Stadiums

Photo Credit: Chris Phan via Flickr / CC BY 2.0

Back

EXCELLENT

20 reviews on

Tom Sikes

2023-05-30

Todd is an excellent agent. He made every effort to meet our unique situation (settling an estate while living out of the state) He kept us up to date at every step of the process. I highly recommend Todd.

Jason Trent

2023-04-19

I really like this site!

Liz Kruse

2021-10-14

Marisa was great. She sent me emails as soon as new properties came on the market, and was always eager to meet me for tours. She took all the stress out of scheduling and paperwork, and was always available to talk to me when I was feeling anxious about my purchase. We wrote 6 offers, because of the crazy market, but she stayed optimistic and wasn’t deterred by rejections, or sales being canceled due to inspections. I felt like she truly had my best interest heart every step of the way.

Abigail Fine

2021-08-28

I would highly recommend Tawnya. She helped me navigate the worst market Eugene has ever seen for buyers—and I'm a first-time buyer, no less, which made the process even more strenuous. Tawnya was warm, attentive, and energetic throughout the whole process. What I appreciate most is that her legal training makes her extremely knowledgeable, and she is a down-to-earth person who shares her expertise without coming across as pushy. If the property has visible problems, she will never hesitate to say "don't pursue this place, there are red flags here"—she is extremely honest and transparent. She wants to help the buyer find the best place for their needs, however complicated that process might be, and she is very patient.

Martha Dyer

2021-07-17

Marissa Fox helped us get into the house of our dreams by listening to us and supporting us through the process. She is a fun and lovely person to go through the process with and never made me feel bad for asking questions. It's a crazy time to buy a house, and she made it seem easy.

Hannah Porton

2021-06-04

Tawnya Madsen, of Eugene's Alternative Realtors, is hands-down the best realtor imaginable. She surpassed all of our expectations. She is more than competent (has a law degree along with all her other expertise), prompt, professional, comfortable to work with, and most of all, we had complete faith that she was making the right calls every step of the way!

Jason Vartanian

2021-05-19

My wife and I have worked with Tawnya through three separate transactions (two purchases and one sale), and we would highly recommend her to anyone. Tawnya is knowledgeable, attentive to detail, patient, responsive, and friendly. We always looked forward to our meetings with her, and we are absolutely thrilled with the new house she helped us purchase. And we couldn't have asked for a smoother or more stress-free transaction when she helped us sell our starter home. Thank you, Tawnya!

Samantha Sanders

2021-05-12

The absolute best realtors I’ve ever worked with. Tawnya is an absolute joy and amazing to work with. I cannot recommend them enough.

Chris Gibson

2021-05-05

A Perk for Owners Near Football Stadiums

A Perk for Owners Near Football Stadiums

Back

Meet Our Team