The Growing Demand for Remote-Work-Friendly Rentals
Remote work has become widespread in recent years, as more professionals than ever before are working full-time from their homes. This has created a growing demand for remote-work-friendly rental homes that provide 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 way to benefit from this trend is to invest in strategic modifications that can increase your property values and attract high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, adopt these 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 staging and describing it in these terms, or you may need to invest in some minor renovations to bring the space to life. For example, some built-in shelving or a desk could be all you need to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: Address lighting and acoustics to create a workspace. Include good natural light or install lighting you can adjust for individual preference. If echoing or outside noise is an issue, soundproofing the space with fabrics or insulation is beneficial.
- Wellness Features: Remote workers prioritize homes supporting their well-being. Cost-effective additions like standing desks and floor mats attract tenants to a property. Identify spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: In addition to office space, offer high-speed internet service and hard-wire the house for strong connectivity. Remote workers need more than basic Wi-Fi to do their jobs.
- Smart Home Tech: Upgrading your rental property with smart devices, such as smart thermostats, keyless entry, and voice-activated controls, can 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 strategic choice for rental property owners and managers. Precise changes to your property and your marketing attract dependable, long-term tenants.
Eager to optimize your rental for modern tenants? Connect with your local Real Property Management office to create a rental property that appeals to today’s renters. For premier property management services in Burbank, Real Property Management Vision is ready. Call at 818-233-8789 or contact us online today.