The rise inremote workis changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and todays buyers are looking for homes with more space to support their work needs.
As a seller, if you no longer need the extra room you have in your home,rest assured there are buyers who do.
Remote Work Is Here To Stay
Remote work remains a reality for many Americans. A recent poll fromGarter, Inc.shows many organizations have not yet returned their offices:
. . .66% of organizations are delaying reopening their officesdue to new COVID-19 variants.
And its not just companies that are choosing to remain remote for the time being workers are seeking more flexibility. According to research fromPricewaterhouseCoopers, nearly one-fifth of employees want to be fully remote in the future. The study also finds that many people are leaving jobs to seek out remote work opportunities:
Among employees looking for new jobs, almostone in ten say its because they moved away from the office while working remotely and dont want to go back on-site.
More Remote Work Means a Greater Need for Home Offices
Thats leading todays buyers to prioritize finding homes with more space so they can comfortably work from home. The2021 Home Design Trends Surveyfrom theAmerican Institute of Architectsfinds that 69% of surveyed individuals still want at least one office at home. However, it also shows that more people are looking for multiple spacesin their home for remote work and virtual meetings(see graph below):
What Does This Mean for You?
If your house has extra space that you no longer need, buyers are interested, and now may be the perfecttime to sell.
Your trusted real estate advisor can help you highlight many of the most sought-after features in your listing, including home offices. On the other hand, if you have extra room without a purpose, consider staging it as an area where remote work can happen. Your agent can help you with this as well by evaluating andpreparingyour space for potential buyers. Theyll make recommendations for how to stage the room, where to draw the eye, and what other sellers are doing to make their houses stand out.
Bottom Line
With the continued rise in remote work, more buyers are looking for homes that can support multiple home offices. If you have extra room youre no longer using, consider selling. Lets connect today to discuss the unique features in your house and how you can capitalize on any extra space to appeal to todays buyers.
