The way people live and work has transformed dramatically in recent years, and with more professionals working from home than ever before, rental properties must adjust. Remote workers are looking for rental homes that improve their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters presents new options to rental property owners and managers. Actually, you can set your rental apart by making appropriate changes. Continue this article to discover some doable, reasonably priced improvements that will appeal to remote workers and help you maximize your property’s rental potential.
The Growing Demand for Remote-Work-Friendly Rentals
More professionals than ever before are working full-time from their homes, which has led to a rise in remote work in recent years. As a result, there is a growing demand for remote-work-friendly rental homes that deliver the features and amenities remote workers need. In many markets, rental properties that accommodate remote workers tend to rent quicker and retain tenants longer. One approach to profit from this growing phenomenon 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 adding (and advertising) the following cost-effective upgrades to your rental property:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other flexible space, turn it into a designated office nook or flex space for productivity. To make the place come to life, you might need to invest in some minor renovations or just stage it and describe it using these terms. 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 the lighting and acoustics into account as you create a workspace. Create a work area with good natural light or add 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: In addition to being productive, remote workers are also searching for homes supporting their well-being. An affordable addition that can attract tenants to a property is ergonomic features like standing desks and floor mats. Additionally, think about highlighting spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: In addition to office space, it makes sense to invest in 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: If your budget permits, think about upgrading your rental property with smart devices. Smart thermostats, keyless entry, and voice-activated controls are common choices 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 ideal for today’s rental property owners and managers. Actually, all it takes are small but major changes to your property and your marketing to lure the responsible, long-term tenants you want.
Want to optimize your rental for modern tenants further? Get in touch with your neighborhood Real Property Management office to discover more about how you can create a rental property that appeals to today’s renters. For excellent property management services in Burbank and the nearby areas, Real Property Management Tri-Cities has your back. Contact us at 509-572-5440 or contact us online right now.
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