Last Updated: October 8, 2024

What Type of Property Should I Buy if I Work Remotely?

Remote work has changed the way we live, offering the flexibility to work from anywhere. If you’re part of the growing number of people who work remotely, buying a home tailored to your unique needs can be a game-changer. But what type of property should you buy if you work remotely?

This guide will help you explore the key factors to consider when purchasing a home that complements your remote lifestyle.

1. Prioritize Space for a Home Office

One of the first things to consider when buying a property as a remote worker is having a dedicated home office space. Whether you need a quiet, isolated room or just a comfortable nook with natural light, make sure your new home can accommodate your work requirements.

Here are a few things to look for:

Separate office space – Having a separate office space – a dedicated room or office – can significantly boost productivity and help maintain a healthy work-life balance.

This is especially important if you have kids, as having a quiet, designated area allows you to stay focused and minimize distractions.

Good lighting – Natural light is ideal for productivity, so choose a home with ample windows.
Soundproofing – Especially important if you need to conduct video calls or work with minimal distractions.

2. Consider Location for Lifestyle and Work Needs

Remote work offers the flexibility to live wherever you want, but you’ll still want to consider a location that supports your lifestyle and work needs. Here’s what to think about:

Proximity to amenities – Even if you work from home, being near grocery stores, healthcare facilities, restaurants, and gyms can make daily life more convenient.
Outdoor spaces – If you enjoy a work-life balance that includes outdoor activities, consider properties near parks, hiking trails, or beaches. This can provide mental health benefits and help you recharge after work.
Community – Some remote workers prefer rural areas for peace and quiet, while others seek vibrant communities for social engagement. Think about what lifestyle suits you best.

3. Look for Strong Internet Connectivity

A stable and fast internet connection is crucial for remote work. Before purchasing a property, make sure the area has access to reliable high-speed internet. Rural or off-grid properties may have limited connectivity, so double-check available providers and speeds in the area.

Fiber-optic or high-speed broadband – Check for the best available options to avoid interruptions in your work.
Backup options – If possible, look for properties where you can access more than one internet provider or have a backup like satellite internet for emergencies.

4. Explore Properties with Flexibility for Growth

If you’re unsure about the future of your work or personal life, look for properties that offer flexibility for growth. This could mean buying a home with extra bedrooms, additional land for expansion, or features that could accommodate changing work needs.

Extra bedrooms – These can double as guest rooms or additional office space if needed.
Large yard or acreage – If you’re thinking about expanding your home or adding features like a detached office or studio, having more land will give you that option.

5. Evaluate Access to Co-working Spaces

Even though you work remotely, you might occasionally want to get out of the house and work elsewhere. Check if there are co-working spaces or libraries nearby where you can work if you need a change of environment.

Nearby co-working spaces – Many remote workers find inspiration in shared workspaces that offer a professional atmosphere and networking opportunities.
Community hubs or cafes – If you prefer a more casual setting, see if there are local cafes or community hubs where you can work remotely.

6. Check for Low-Maintenance Living Options

Depending on your work and lifestyle, you may prefer a property that requires minimal upkeep. Condominiums, townhomes, or newer builds often come with homeowners’ associations (HOAs) that take care of exterior maintenance, giving you more time to focus on work and leisure.

Condominiums or townhomes – These properties often include maintenance services for landscaping, common areas, and exterior repairs.
New construction homes – Newer properties typically require less upkeep, allowing you to focus on work without worrying about frequent repairs.

7. Consider Cost of Living and Property Taxes

Working remotely allows you to live in areas with a lower cost of living or where property taxes are more affordable. Research the cost of living in various locations to ensure that you’re not overextending your budget on a property that might cost less in a different region.

Lower cost of living – Moving to areas with lower housing prices can free up funds for other investments or lifestyle upgrades.
Property taxes – Look into states or regions with lower property taxes to help keep your monthly expenses in check. For instance, Colorado is known for having relatively low property taxes.

8. Energy Efficiency and Sustainable Living

If you’re working from home full-time, energy costs can add up quickly. Look for homes with energy-efficient features such as solar panels, energy-efficient appliances, or proper insulation to keep utility costs low while reducing your environmental footprint.

Solar panels – Homes with solar panels can significantly reduce your electricity bill, especially if you spend more time at home.
Energy-efficient windows and appliances – These features will not only save you money but also increase the home’s resale value.

Conclusion

When buying a property as a remote worker, the type of home you choose should meet both your professional and personal needs. Prioritize features like a home office space, reliable internet, and access to amenities.

You also have the flexibility to explore properties in areas with lower costs of living or those that offer a lifestyle you enjoy. Whether you’re looking for a peaceful rural retreat or a vibrant urban setting, the key is to find a property that supports your remote work while enhancing your quality of life.