There have been many changes in recent years. For many, the rise of working remotely has influenced what they were looking for in a home, creating a greater desire for a dedicated home office. Professionals took advantage of the situation to buy a larger home. Others thought the situation was temporary, so they became creative and decided to create a space where they were already working for them. However, recent headlines indicate that remote work is not a passing fad after all.
If you’re still anxious for a dedicated home office, now may be the time to find a home that meets your changing needs. More and more companies are delaying plans to return to the office. Others decide to stay away and stay forever. According to a Goldman Sachs economist in a recent CNN article:
“Job ads increasingly offer remote work and surveys indicate that both workers and employers expect work from home to remain much more common than before the pandemic.”
Other experts agree. An Upwork survey of 1,000 recruitment managers found that as a result of the pandemic, companies are planning more individual work now and in the coming years. Upwork mentions:
“The number of remote workers in the next five years is expected to be nearly double what it was before COVID-19: By 2025, 36.2 million Americans will be remote, an increase of 16.8 million people from pre-pandemic rates.”
How Does This Affect You?
If you own your home, it’s important to realize that continued remote work may give you opportunities you didn’t realize you had. You don’t have to be tied to a particular area for work, so you have more flexibility about where you can live. If you are one of nearly 23% of workers 100% away:
You have the option of lower living costs or moving to your dream location. If you are looking for a home in a more affordable environment, you can get more homes for your money, more options for your dedicated office space and extra breathing to provide.
You can also move to a location near the place you’ve always wanted to live, a beach, a mountain, or a market with the climate and community facilities you’re looking for. Even if your work isn’t linked to a particular location, you’ll definitely find the ideal home. If you are part of nearly 15% of people with a partially remote or hybrid schedule.
We recommend that you move to a home away from your office in your area. Commuting a little longer from a more suburban or rural environment can be a good consideration for a home with more features, space, or equipment, as you are not going to work every day.
