Upgrades That Increase Home Value – #1 Home Office Addition

Upgrades That Increase Home Value – #1 Home Office Addition

According to Global Workplace Analytics, the number of people working from home has increased by 159% since 2009. A Fall 2021 survey found that 60% of top real estate agents cited a home office as a top priority for buyers in the market, the most of any home feature or quality.

A home office is more important to buyers than whether the house is move-in ready or has a minimum square footage, our survey found. It is not uncommon for buyers to seek out multiple home offices.

Home offices can be a good investment if you’re in a market with a decent number of telecommuters. Data shows a home office adds over $10,000 in resale value, and that number may be even higher now that Americans have become more accustomed to working remotely.

A walk-in closet can be converted into an office. A backyard ADU (accessory dwelling unit) or extension could be built to accommodate a home office. By the end of 2021, an ADU will add $66,000 to the value of a property, up from $47,600 compared to before the pandemic.

Rebel Construction has the experience and expertise to convert any space into a desirable home office. Let us help you maximize your return in investment.

Schedule your free consultation & learn how your can increase your home’s value.

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