Published October 28, 2021
Does Your House Have What Buyers Want?
The rise in remote work is changing what many Americans want in their
homes. Many companies are choosing to delay reopening or go remote full-time,
and today’s 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 from Garter, Inc. shows many
organizations have not yet returned their offices:
“. . . 66% of organizations are
delaying reopening their offices due to new COVID-19 variants.”
And it’s not just
companies that are choosing to remain remote for the time being – workers are
seeking more flexibility. According to research from PricewaterhouseCoopers,
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,
almost one in ten say it’s because they moved away from the office
while working remotely and don’t want to go back on-site.”
More Remote Work Means a
Greater Need for Home Offices
That’s leading today’s buyers to prioritize finding homes with more space so they can comfortably work from home. The 2021 Home Design Trends Survey from the American Institute of Architects finds that 69% of surveyed individuals still want at least one office at home. However, it also shows that more people are looking for multiple spaces in 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
perfect time 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 and preparing your space for potential buyers. They’ll 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 you’re no longer using, consider
selling. Let’s connect today to discuss the unique features in your house and
how you can capitalize on any extra space to appeal to today’s buyers.
