The way people live and work has transformed drastically in recent times, and with more professionals working from home than ever before, rental properties must keep up. Remote workers are looking for rental homes that encourage their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters delivers novel opportunities to rental property owners and managers. Indeed, adopting the proper modifications can set your rental apart. Read on to discover some practical, economical improvements 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 become popular in recent years, as more professionals than ever before are working full-time from their homes. This has generated a growing demand for remote-work-friendly rental homes that deliver the features and amenities remote workers need. In many markets, rental properties that cater to remote workers tend to rent faster and retain tenants longer. One approach to profit from this development is to invest in strategic modifications that can increase your property values and lure high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, think about making (and encouraging) the following cost-effective upgrades to your rental property:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other undefined area, turn it into a designated office nook or flex space for efficiency. This could be as easy as staging and describing it in these conditions, or you may have to invest in some minor renovations to bring the area to life. For instance, some built-in shelving or a desk could be all you need to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: Take into account the lighting and acoustics as you create a workspace. Build a workspace with good natural light or put lighting that you can adjust for individual preference. If echoing or outside noise is an issue, try soundproofing the space as much as possible with fabrics, space dividers, or additional insulation.
- Wellness Features: Aside from efficiency, remote workers are also looking for homes supporting their well-being. Ergonomic qualities like standing desks and floor mats can be an affordable extra that can attract tenants to a property. Moreover, consider highlighting spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: In consort with office space, it is imperative to pay for high-speed internet service and hard-wire the house for strong connectivity. Several remote workers need more than basic Wi-Fi to do their jobs.
- Smart Home Tech: Contemplate upgrading your rental property with smart devices if your budget permits. Smart thermostats, keyless entry, and voice-activated controls are widespread selections that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Responding to the demand for remote-work-friendly rental properties is a great step for today’s rental property owners and managers. Indeed, all it takes are small but impactful changes to your property and your marketing to attract the responsible, long-term tenants you desire.
Seeking to further optimize your rental for modern tenants? Speak with your local Real Property Management office to determine how you can create a rental property that appeals to today’s renters. For fantastic property management services in Charlotte and the neighboring areas, Real Property Management Charlotte Metro is available to assist you. Contact us at 704-919-1344 or contact us online now.
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