The way people live and work keeps changing—more professionals working from home now rely on rental properties that perform like modern workplaces. Remote workers are looking for rental homes that merge productivity and comfort, so properties that cater to this lifestyle in high demand have the advantage. This demographic of renters presents a real opportunity for rental property owners and managers. Targeted improvements can set your rental apart. Below are cost-effective upgrades to your rental property that appeal to remote workers and help you maximize your property’s rental potential.
The Growing Demand for Remote-Work-Friendly Rentals
With Remote work established and more residents working full-time from their homes, we see growing demand for remote-work-friendly rental homes with the features and amenities remote workers need. In competitive markets, rental properties that welcome remote workers lease faster and retain tenants longer. To capture this demand, 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, consider making (and promoting) 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 simple as staging and describing it in these terms, or you may need to invest in some minor renovations to bring the space to life. For example, some built-in shelving or a desk could be all you need to turn a nook into a remote-work office.
- Good Lighting & Soundproofing: As you create a workspace, prioritize lighting and acoustics. Use good natural light and provide fixtures you can adjust for individual preference. If echoing or outside noise is an issue, improve focus by soundproofing the space and adding insulation.
- Wellness Features: Remote workers favor homes supporting their well-being. Add simple wellness elements like standing desks and floor mats to attract tenants to a property, and call out spaces that could be used as meditation or exercise areas.
- High-Speed Internet & Connectivity: Along with office space, plan for high-speed internet service and hard-wire the house for strong connectivity. Remote workers need more than basic Wi-Fi to do their jobs, so reliability is a must.
- Smart Home Tech: Consider upgrading your rental property with smart devices such as Smart thermostats, keyless entry, and voice-activated controls to give your property a competitive edge.
Upgrade Your Rental to Meet Today’s Demand
Answering the demand for remote-work-friendly rental properties allows rental property owners and managers to reach long-term tenants. With targeted changes to your property and your marketing, you’ll optimize your rental for modern tenants and create a rental property that appeals to today’s renters.
Looking to further optimize your rental for modern tenants? Contact your local Real Property Management office to learn more about how you can create a rental property that appeals to today’s renters. For top-notch property management services in Spanish Fork, Real Property Management Homestead has your back. Call 435-269-4440 or contact us online today.
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