With more professionals working from home than ever before, rental properties should adapt to the very different way people live and work, which has changed lately. Remote workers are looking for rental homes that assist their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters offers novel opportunities to rental property owners and managers. In fact, making the exact adjustments can set your rental apart. Read on for information on some practical, reasonably priced changes 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 been rather popular recently since more experts than ever before are working full-time from their homes. This has generated a growing demand for remote-work-friendly rental homes that offer the features and amenities remote workers need. In several markets, rental properties that spoil remote workers tend to rent rapidly and retain tenants longer. One approach to earn from this trend is to invest in strategic modifications that can increase your property values and draw in high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, consider executing (and promoting) the following cost-effective upgrades to your rental property:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other undetermined area, turn it into a designated office nook or flex space for productivity. This may involve merely arranging and presenting it in these terms, or you may need to invest in some minor renovations to enhance the area’s livability. For illustration, some built-in shelving or a desk could be all you need to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: As you create a workspace, give the lighting and acoustics great thought. Either develop a workspace with good natural light or include lighting that you can adjust for individual preference. If echoing or outside noise is an issue, consider soundproofing the space as much as possible with fabrics, space dividers, or additional insulation.
- Wellness Features: Apart from efficiency, remote workers are also chasing down homes, supporting their well-being. Ergonomic qualities such as standing desks and floor mats can be an inexpensive addition that can attract tenants to a property. In addition, take note of spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Together with office space, you should think about funding high-speed internet service and hard-wiring the house for strong connectivity. Lots of remote workers need more than basic Wi-Fi to do their jobs.
- Smart Home Tech: Think about upgrading your rental property with smart devices contingent upon your financial capacity. Smart thermostats, keyless entry, and voice-activated controls are popular features that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Handling the demand for remote-work-friendly rental properties is important for today’s rental property owners and managers. In fact, small but significant changes to your property and your marketing are sufficient to magnetize the liable, long-term tenants you prefer.
Seeking to further optimize your rental for modern tenants? Contact your local Real Property Management office for guidance on how you can create a rental property that appeals to today’s renters. For outstanding property management services in Tampa and the adjacent areas, Real Property Management Catalyst is eager to help you. Call us at 727-202-9077 or contact us online today.
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