Are you in a position where you are able to contemplate working remotely? The freedom of being able to work from home has long been one that only a few could enjoy. But thanks to the recent series of events, it’s a trend that is becoming more common than ever. The result may well be that the way we view buying a new home has also changed.
There are a number of reasons why homebuyers’ demands have altered in the past few years. Huge breakthroughs in tech have enabled working remotely to become more possible and prevalent. The need for an increase in social distancing has also furthered this trend. More people than ever before will now be working straight from home.
More People Will Be Buying Homes for Life
Perhaps one of the most unusual trends that have come about as a result of new homebuyers demands is the urge to find a permanent home. Working remote has enabled more people than ever before to settle down into a home for the long haul. In some cases, they may even be planning to stay in this one home for the rest of their lives.
As a result of their ability to work from home, people won’t be needing to move about quite so often. They will not be needing to change their address in order to accommodate a major promotion to a position in another city. They will not need to leave home as often to attend business meetings or conventions in other areas.
Instead, they can simply sit back and relax in the comfort of their own homes. This will create a whole new set of demands that home builders and real estate firms will need to be able to take due notice of. The sooner that they are able to do so, the sooner they will be equipped to deal with this new series of homeowner demands.
In the past, the average homeowner has had a tendency to make a move once every nine years. This may be changing. Many of the reasons that previous homeowners moved so often are becoming a thing of the past. As a result, stability in one location is becoming more of a growing trend that can now be recognized and taken advantage of.
Homebuyers Demands Include Dedicated Office Space
One of the biggest demands that home buyers are making is for the presence of office space in their new homes. This is because, in a property that will function as both a personal home and workplace, a certain amount of dedicated office space will be mandatory. Home developers and sellers need to take this factor into full account.
There was a time when an open floorplan was the number one most sought after feature for a prospective home buyer. However, this is a trend that may have recently been stopped dead in its tracks. The new trend seems to be headed for quite the opposite. New home buyers now want enclosed, flexible spaces that can function as a home office.
In fact, a property that can offer one more bedroom or a newly finished basement will now find itself in great demand. This is because a prospective homeowner that desires to work from this location will need areas that are closed off in order to provide a home office. Privacy is a commodity that real estate firms will need to cater to.
A Short Commute is No Longer a Necessity
Another very interesting trend that is now developing is the defocusing of centralized areas for prime real estate. In the past, workers tended to prize properties that were located in or very near the central part of town. This is because they desired as short and convenient a commute as possible. This is no longer the case in 2020.
Part of the reason for this is the fact that working from home eliminates the need to have a short commute to work every day. The ability to do all that you need right from your home office means that you don’t even need to leave your home at all during your workday. The result is that you no longer need to live so close to the main drag.
This means that real estate firms can now devote a fair amount of time to selling properties in other areas that are farther away from the center. This is a definite boon for agencies that have had trouble moving homes that were previously located “too far from the action” to be viable.
Thanks to the new work from home trend a great many home buying and selling opportunities have opened up. The time to take full advantage of this trend is now.