Should You Turn Your Extra Space into a Coworking Area?
The work from home craze is gathering steam, with more people than ever eschewing the traditional office setup. Indeed, according to a recent survey from Forbes, 39% of respondents worked from home and a further 24% enjoyed a hybrid setup.
Many people love the idea of working from home but miss the interaction of the office. Luckily, there’s a solution for that. Create a coworking space for friends in your home, and you can have the best of both worlds.
Adding a Social Aspect to Remote Working
If you’re someone who needs social interaction throughout the working day, working from home may not be the best thing for you. In this scenario, you’ll be away from your colleagues and the only way you’ll be able to interact with them is through apps like Zoom or WhatsApp. It’s certainly not ideal for those of us who enjoy a chinwag between tasks.
There have been quite a few studies into the benefits of working alongside others, with research from Bupa showing that it matters for employee wellbeing. That could be why there’s been such a rapid surge in people using coworking spaces alongside the remote work boom.
The ideal situation would be to make a coworking space in your own home, so you and your friends can work together. You get to enjoy the fact that your workplace is just a few steps away from your bedroom, but you also have the much-needed social aspect that helps you get through the working day.
Adding Value to Your Home
The social benefits aren’t the only reason why putting a coworking space in your house could be a win-win situation. Indeed, in today’s coworking and remote work boom, more people than ever are seeking places to graft alongside other like-minded people. That means that having a coworking space in your home could potentially add value to it.
This is something that may appeal to online estate agents like WeBuyAnyHome. The company specialises in buying properties from people and then reselling them, with the homeowner benefiting from a quick sale. If the online estate agents acquire a home with a coworking space already set up, they may find it’s easy to sell in today’s market. After all, there are likely to be plenty of businesses interested in taking over a place that’s already popular among remote workers.
Should You Go For it?
It’s a big decision setting up a coworking space for friends in your own home, as once you’ve started, it’s hard to change your mind. People may get attached to coming there to work, and you might find that it has an effect on your existing relationships.
If you’re still unsure, there are a few other benefits you may want to consider. For example, there are tax deductions available to people who run a business from home. You can also charge people a small fee for working there, which could go towards house expenses.
If you’re already working from home but want that social aspect that you can only get in the office, turning your abode into a coworking space could be a great solution. This craze is going to get more popular over the next few years, so why not go for it now?
Photo credits: eOffice
