The way people live and work has changed a lot in the past few years, and with more professionals working from home than ever before, rental properties need to carry on. 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 provides fresh opportunities to rental property owners and managers. In fact, making the appropriate changes can set your rental apart. Read on to find out about some useful and inexpensive improvements 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 so common these days, as more professionals than ever before are working full-time from their homes. Because of this, there is a growing demand for remote-work-friendly rental homes that deliver the features and amenities remote workers need. In several markets, rental properties that cater to remote workers tend to rent faster and retain tenants longer. One way to make money off of this trend is to invest in strategic modifications that can increase your property values and magnetize 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 advertise them:
- Dedicated Workspaces: If your rental has a spare room, loft, den, or other unclear area, turn it into a designated office nook or flex space where you can get work done. It might be enough to just stage it and use these words to describe it, or you might have to invest in some minor renovations to bring the area to life. 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: Factor in the lighting and acoustics as you create a workspace. Make sure your workspace has a lot of good natural light or install lights 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 separators, or additional insulation.
- Wellness Features: Along with productivity, remote workers are also seeking homes supporting their well-being. Ergonomic qualities like standing desks and floor mats can be an excellent addition that can attract tenants to a property. You could also point out spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Together with office space, it is a great move 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 you can afford it, try upgrading your rental property with smart devices. Smart thermostats, keyless entry, and voice-activated controls are prevalent 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 an excellent way for today’s rental property owners and managers. Indeed, all it takes are small but important changes to your property and your marketing to get the dependable, long-term tenants you prefer.
Seeking further optimize your rental for modern tenants? Talk to the local Real Property Management office to find out more about how you can create a rental property that appeals to today’s renters. For high-quality property management services in Polk County and the neighboring areas, Real Property Management Lakeside has your back. Call us at 863-877-1078 or contact us online today.
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