A rise in remote work has influenced what people are looking for in a home and has created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger/modern home. Others opted to live in more desirable locations and are getting inventive when creating the perfect environment for work-from-home.
Truckee-Tahoe is a highly desirable area with housing prices above that of the majority of the country. Often sacrificing space and modern updates for location, buyers in Truckee-Tahoe use extra dollars to renovate their home offices, paramount to efficiency and a healthy work/life balance. These trends are expected to continue.
More and more companies are delaying their plans to return to the office – others are deciding to remain fully remote permanently. According to Erik Bradley, chief engagement strategist at ETR, in a recent article from Forbes:
“The productivity metric is proving that remote work is working,” said Bradley. “So, we all thought that there would be some increase in permanent remote work, but we didn’t expect that to double from pre-pandemic levels.”
If you own your home, it is essential to realize that continued remote work may give you opportunities not available before. Since you do not need to be tied to a specific area for your job, you have more flexibility when it comes to where you can live. This is likely the best time and opportunity to move to an area like Lake Tahoe or Truckee so that you can take advantage of working from home while having a healthy work/life balance.
If you’re one of the almost 15% of individuals who will have a partially remote or hybrid schedule: 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 home for your money, freeing up more options for your dedicated office space and additional breathing room.
If you’re one of the nearly 23% of workers who will remain 100% remote:
You could move to a location you’ve always wanted to live – somewhere near the beach or the mountains. Truckee-Tahoe offers residents and visitors abundant natural beauty perfect for exploration and fun outdoors.
From the perspective of a seller, you can market the features of your mountain home to more prospective buyers.
Relocating within your local area to a home further away from your office could be a great choice. Since you won’t be going in to work every day, or are working from home full-time, a slightly longer commute from a more suburban or rural neighborhood may be a worthy trade-off for a home with more features, space, or comforts.