The way people live and work has significantly evolved in recent years, and with more professionals working from home than ever before, rental properties need to adjust accordingly. Remote workers are looking for rental homes that help their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters opens new possibilities to rental property owners and managers. Actually, adopting the necessary modifications can set your rental apart. Continue reading to discover affordable and practical enhancements 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 prevalent, as more professionals than ever before are working full-time from their homes. Due to this, there is a growing demand for remote-work-friendly rental homes that offer the features and amenities remote workers need. In several markets, rental properties that are aimed at remote workers tend to rent sooner and retain tenants longer. One method to capitalize on this trend is to invest in strategic modifications that can increase your property values and bring in high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, you might want to make the following cost-effective upgrades to your rental property and promote them:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other undecided area, turn it into a designated office nook or flex space where you can get work done. It may suffice to only stage it and utilize these descriptors, or you might have to invest in some minor renovations to enliven the location. For illustration, some built-in shelving or a desk might be all you need to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: Evaluate the lighting and acoustics as you create a workspace. Ensure that your workspace has a lot of good natural light or place lights that you can adjust for individual preference. If echoing or outside noise is an issue, contemplate soundproofing the space as much as possible with textiles, spatial dividers, or further insulation.
- Wellness Features: In addition to productivity, remote workers are also searching for homes supporting their well-being. Ergonomic features like standing desks and floor mats can be an affordable addition that can attract tenants to a property. You might also identify spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Aside from office space, it is imperative to invest in high-speed internet service and hard-wire the house for strong connectivity. Lots of remote workers need more than basic Wi-Fi to do their jobs.
- Smart Home Tech: If financially feasible, consider upgrading your rental property with smart devices. Smart thermostats, keyless entry, and voice-activated controls are prevalent options that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Managing the demand for remote-work-friendly rental properties is a good strategy for today’s rental property owners and managers. In reality, minor yet significant changes to your property and your marketing are enough to get the dependable, long-term tenants you want.
Seeking to further optimize your rental for modern tenants? Visit the local Real Property Management office to obtain information on how you can create a rental property that appeals to today’s renters. For professional property management services in Yonkers and the neighboring areas, Real Property Management DePenn is ready to help you. Call us at 866-820-9913 or contact us online today.
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