Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

by anneandersonhomes

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs.


Working from Home Isn’t a Passing Fad
Before the pandemic, only 21% of individuals worked from home. However, if you’ve recently discovered remote work is your new normal, you’re not alone.
survey of hiring managers conducted by Statista and Upwork projects 37.5% of U.S. workers will work remotely in some capacity over the next 5 years (see chart below):
Working from Home Gives You More Flexibility and More Options
If you fall in that category, working from home may provide you with opportunities you didn’t realize you had. The ongoing rise in remote work means a portion of the workforce no longer needs to be tied to a specific area for their job. Instead, it gives those workers more flexibility when it comes to where they can live.

If you’re one of the nearly 23% of workers who will remain 100% remote, you have the option to move to a lower cost-of-living area or to the location of your dreams. If you search for a home in a more affordable area, you’ll be able to get more house for your money, freeing up more options for your dedicated office space and more breathing room. You could also move to an area you’ve always dreamed of vacationing in – somewhere near the beach, the mountains, or simply an area that features better weather and community amenities. Without your job tying you to a specific location, you’re bound to find your ideal spot.

If you’re one of the almost 15% of individuals who will have a partially remote or hybrid schedule, relocating within your local area to a home that’s further away from your office could be a great choice. Since you won’t be going into work every day, a slightly longer commute from a more suburban or rural area could be a worthy trade-off for a home with more features, space, or comforts. After all, if you’ll still be at home part-time, why not find a home that better suits your needs?

According to the latest Top Ten Issues Affecting Real Estate from The Counselors of Real Estate (CRE), many homebuyers are already taking advantage of their newfound flexibility:

“. . . after years of apparent but variant trends towards urbanization, the pandemic universally caused a movement away from urban cores, particularly for those with higher incomes who could afford to move and for lower-income individuals seeking lower costs of living.”

Bottom Line
If you’ve found what you’re looking for in a home has changed due to remote work, it may be time to make a move. Let’s connect today to start prioritizing your home needs.

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$1,250,000
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Things To Do

MN Twins Baseball

Cheer on the MN Twins at home as they take on the Los Angeles Angels on both Saturday, July 24 at 6:10 and again on Sunday, July 25 at 1:10.
Click HERE for tickets

Minneapolis Aquatennial

What better way to welcome people back to downtown Minneapolis this summer than to take in all of the festivities of Aquatennial.  Going on now thru Saturday, July 24 you can join in all the fun including group fitness activities, shopping local makers, a Twin Cities River Rats show or listening to live music.  And, the celebration is topped off with Target Fireworks. Click HERE for more information and a complete schedule.

Mamma Mia! Outdoor On The River!

The Zephyr Theatre presents a Broadway-style musical along the glistening water of the St. Croix River and the historic Lift Bridge .Join in the fun at the banks of the St. Croix River for a Greek Island Getaway, dance party, pretty cocktails, and Abba’s greatest hits! 
Jul 22, 2021 at 07:00 pm (Thu)
Jul 23, 2021 at 07:00 pm (Fri)
Jul 24, 2021 at 07:00 pm (Sat)
Jul 25, 2021 at 07:00 pm (Sun)
Click HERE for tickets and more information.

Luxury Listing Of The Week

4 BD | 5 BA | 7,031 SqFt | $1,299,000
322 Birkdale Court | Hudson, WI 54016
Courtesy of Edina Realty, Inc.

Investor Deal Of The Week

Multi-Family/Duplex!
5644 Royal Oaks Drive | Shoreview, MN 55126
3 BD | 3 BA | 1,456  SqFt | $279,900
Courtesy of Fish MLS Realty

Trends

Remodel Projects That Add The Most Value To Your House

People remodel their homes and investment properties for a couple of reasons. For some, it’s a way to make upgrades and improve their overall experience at home. For others, it’s a way of increasing their property’s value, which is wise if you’re planning to sell.  Click HERE for the full story.

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Anne Anderson

Anne Anderson

Agent | License ID: 20614676

+1(651) 428-6529

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