home buying home selling Podcast Audio Shawn Realty Podcast

90% of Gen Z Home Buyers Want At Least One Home Office (or space dedicated to work/study)

The trend of home offices is on the rise, with 90% of Gen Z buyers desiring a dedicated space. Strategic location, natural lighting, and key features like reliable internet are crucial for an optimal working environment and property value.

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One of the peculiar habits I possess involves rearranging my office space roughly once a month. This entails shifting furniture, altering my desktop setup, and relocating my guitars. Admittedly, it’s a compulsion. Let’s delve into a discussion on the evolving trend of home offices.

Recent surveys conducted by new home builders among 3,000 prospective homebuyers revealed a notable trend: a staggering 90% of Gen Z buyers expressed a desire for a dedicated home office in their future residences. Consequently, home builders are adapting to this demand by incorporating home office spaces even in smaller dwellings, potentially by reducing bedroom sizes to accommodate this need. A specifically designed home office could prove to be an attractive feature for Gen Z homebuyers, thereby influencing the market.

I’d like to share some insights regarding the essential elements of an ideal home office, particularly for those contemplating a home purchase. Notably, homes with sought-after features such as a dedicated office space tend to command higher resale prices. Conversely, for homeowners considering remodeling projects, the addition of an Accessory Dwelling Unit (ADU) or repurposing a bedroom into an office could significantly enhance property value.

Examining the preferences of recent homebuyers, approximately 59% expressed a desire for an office space ranging from 100 to 150 square feet. This translates to dimensions akin to a typical bedroom, ranging from 10 by 10 to 12 by 12 feet.

Regarding office location, a strategic placement near the main entrance or with a separate entrance, particularly for offices situated downstairs or in basements, could enhance accessibility and privacy for clients or colleagues visiting the office.

Furthermore, the orientation of the office space should consider natural lighting and sun exposure, with south-facing offices being preferred for ample daylight, fresh air, and mood enhancement, especially in regions with limited sunlight during winter months.

For homeowners considering ADUs, constructing a studio-style unit with a focus on office functionality could be an appealing option. Although detached structures may incur additional costs for utilities and permits, they offer distinct advantages in terms of privacy and functionality.

Additionally, key features such as large windows, vaulted ceilings, and reliable internet connectivity, including a landline connection for stability during online meetings, contribute to an optimal working environment. Adequate power outlets, low noise levels, and considerations for external disturbances, such as proximity to busy roads, are essential for productivity and comfort.

In summary, incorporating a dedicated home office into residential properties aligns with the evolving preferences of modern homebuyers. By understanding and prioritizing these features, homeowners can enhance both their living spaces and potential resale value.

What features would you prioritize in your next home office? Your input is valuable in shaping future living standards. If you found this discussion insightful, please like, subscribe, and share your thoughts in the comments section. Thank you for your support, and have a wonderful day!