PROBLEM
If you start using \"Microsoft Internet Information Services Express (IIS)\" from \"Microsoft Visual Studio (VS)\" you may get when you run
Additionally to Bruno's answer I ended up registering the same port for localhost. Otherwise VS2015 was giving me Access Denied error on server start.
netsh http add urlacl url=http://localhost:{port}/ user=everyone
May be it's because I have binding for localhost in aplicationhost.config also.