The way people live and work has shifted a lot in recent years, and with more professionals working from home than ever before, rental properties need to keep up. Remote workers are looking for rental homes that support their productivity and comfort, making properties that cater to this lifestyle in high demand. This demographic of renters delivers fresh prospects to rental property owners and managers. In fact, making the right adjustments can set your rental apart. Continue reading to learn about some cost-effective, practical upgrades 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 extensive in the past few years, 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 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 capitalize on this movement is to invest in strategic modifications that can increase your property values and appeal to high-quality tenants who work from home.
Must-Have Modifications for Remote Workers
To appeal directly to renters who work remotely, consider making (and supporting) 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 easy as presenting and describing it in these terms, or you may have to invest in some minor renovations to bring the space to life. For illustration, 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 work area with good natural light or include lighting that you can adjust for individual preference. If echoing or outside noise is an issue, consider soundproofing the space in the best way possible with fabrics, space dividers, or extra insulation.
- Wellness Features: On top of productivity, remote workers are also on the hunt for homes supporting their well-being. Ergonomic qualities like standing desks and floor mats can be a reasonable addition that can attract tenants to a property. Moreover, consider highlighting spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Along with office space, it is a great move to finance 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 you have a budget, try upgrading your rental property with smart devices. Smart thermostats, keyless entry, and voice-activated controls are widespread alternatives that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Acting toward the demand for remote-work-friendly rental properties is a great approach for today’s rental property owners and managers. In fact, all it takes are minor but effective changes to your property and your marketing to appeal to the trustworthy, long-term tenants you want.
Do you want to optimize your rental for modern tenants further? Visit your local Real Property Management office to learn more about how you can create a rental property that appeals to today’s renters. For high-quality property management services in Collin County and the adjacent areas, Real Property Management 360 is here to assist you. Call us at 817-502-3588 or contact us online today.
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