The way people live and work has changed a lot in the last few years, and with more professionals working from home than ever before, rental properties need to acclimatize. 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 presents new possibilities to rental property owners and managers. Indeed, making the right changes can set your rental apart. Keep reading to find out about some useful and inexpensive enhancements 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 these days, thanks to the rise of remote work. This has caused a growing demand for remote-work-friendly rental homes that offer 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 tactic to make money from this trend is to invest in strategic modifications that can increase your property values and get the interest of 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 and advertise 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 might be as easy as setting it up and writing these words about it, or you may have to invest in some minor renovations to improve the area. 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: Focus on the lighting and acoustics as you create a workspace. Build a workspace with good natural light or incorporate lighting that you can adjust for individual preference. If echoing or outside noise is an issue, you might want to soundproofing the space as much as you can with fabrics, space separators, or additional insulation.
- Wellness Features: Not only do remote workers want homes that support their well-being, but they also want homes that help their productivity. Ergonomic features like standing desks and floor mats can be a cheap addition that can attract tenants to a property. You might also want to highlight spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Along with office space, you must also devote to 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: Think about upgrading your rental property with smart devices if you can afford it. Smart thermostats, keyless entry, and voice-activated controls are popular choices that will give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Meeting the demand for remote-work-friendly rental properties is a great approach for today’s rental property owners and managers. To get the responsible, long-term tenants you want, all you have to do is make a few small but important changes to your property and your marketing.
Interested in further optimizing your rental for modern tenants? Talk to your local Real Property Management office to get more details on how you can create a rental property that appeals to today’s renters. For the best property management services in Research Triangle and the nearby areas, Real Property Management Impact is the company to call. Call us at 919-439-8989 or contact us online today.
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