The way people live and work has undergone a major transformation recently, and with more professionals working from home, it is vital for rental properties to keep up with these developments. Remote workers are looking for rental homes that enhance their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters delivers new openings to rental property owners and managers. Indeed, implementing appropriate alterations can set your rental apart. Continue reading to familiarize yourself with several beneficial, cost-effective enhancements that will appeal to remote workers and help you maximize your property’s rental potential.
The Growing Demand for Remote-Work-Friendly Rentals
Remote work has gained significant popularity in recent years, as more professionals than ever before are working full-time from their homes. This has resulted in a growing demand for remote-work-friendly rental homes that grant the features and amenities remote workers need. In certain markets, rental properties that are tailored for remote workers often rent out rapidly and retain tenants longer. A method to capitalize on this current situation is to invest in strategic modifications that can increase your property values and get high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, consider making (and applying) the following cost-effective upgrades to your rental property:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other unspecified space, turn it into a designated office nook or flex space for productivity. It may be as simple as staging and articulating it in these terms, or you might want to invest in some minor renovations to enhance the area. For illustration, some built-in shelving or a desk may be adequate to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: Allocate resources in the lighting and acoustics as you create a workspace. Establish a workplace with good natural light or install lighting that you can adjust for individual preference. If echoing or outside noise is an issue, consider soundproofing the space as much as you can by using textiles, partitions, or enhanced insulation.
- Wellness Features: On top of productivity, remote workers are also looking for homes supporting their well-being. Ergonomic options such as standing desks and floor mats can be an excellent addition that can attract tenants to a property without breaking the bank. It might be beneficial to emphasize spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Along with office space, it is important to invest in high-speed internet service and hard-wire the house for strong connectivity. Lots of remote workers need more than basic Wi-Fi to do their jobs.
- Smart Home Tech: If financially feasible, think about upgrading your rental property with smart devices. Smart thermostats, keyless entry, and voice-activated controls are excellent options that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Meeting the demand for remote-work-friendly rental properties is a significant potential for today’s rental property owners and managers. Indeed, minor yet significant changes to your property and your marketing can effectively attract the responsible, long-term tenants you’re looking for.
Are you interested in optimizing your rental for modern tenants? Contact your local Real Property Management office to obtain information on how you can create a rental property that appeals to today’s renters. If you’re searching for high-quality property management services in Hampton and the surrounding areas, Real Property Management Tidal is available to help you. Call us at 757-206-2071 or contact us online today.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
