The way people live and work has shifted considerably in recent years, and with more professionals working from home compared to ever before, rental properties must adapt. Remote workers are looking for rental homes to boost their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters offers new opportunities to rental property owners and managers. Actually, making the appropriate changes can set your rental apart. Continue reading to learn about some practical, low-cost modifications 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 increasingly popular in the past few years, with more people than ever before working full-time from their homes. This has resulted in a growing demand for remote-work-friendly rental homes that include the features and amenities remote workers need. In several markets, rental properties that cater to remote workers tend to rent faster and retain tenants longer. One strategy to benefit from this trend is to invest in strategic modifications that can increase your property values and fascinate 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 space, turn it into a designated office nook or flex space for productivity. This could be as simple as arranging and presenting it in these terms, or you may need to invest in some minor renovations to make the place come alive. 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: Consider the lighting and acoustics as you create a workspace. Build an office with good natural light or add 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 textiles, space dividers, or additional insulation.
- Wellness Features: Besides efficiency, remote workers are also seeking homes supporting their well-being. Standing desks and floor mats are examples of cost-effective amenities that can attract tenants to a property. In addition, consider pointing out spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Along with office space, it is recommended to put money into 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: Consider upgrading your rental property with smart devices if you can afford them. Smart thermostats, keyless entry, and voice-activated controls are preferred options 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 wise decision for today’s rental property owners and managers. In truth, all it takes are a few little but significant changes to your property and your marketing to bring in the liable, long-term tenants you need.
Want to optimize your rental for modern tenants further? Visit your local Real Property Management office to find out how you can create a rental property that appeals to today’s renters. For the best property management services in Weeki Wachee and the nearby regions, Real Property Management Connection has you covered. Call us at 727-279-7779 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.
