As more and more companies adopt remote work policies due to the COVID-19 pandemic, millennials are starting to rethink their housing preferences. From wanting to live in the city to desiring more space, the shift towards remote work has had a significant impact on their expectations. In this blog, we’ll take a deep dive into the impact of remote work on millennial housing preferences.

The Rise of Suburbia 🏘️

With remote work becoming the new norm, millennials are no longer limited to living near their offices. As a result, many are leaving the city and moving to the suburbs. The appeal of larger homes and more green space is undeniable, and a new lifestyle trend is emerging.

Some cities are seeing an influx of new residents leaving cities like San Francisco and New York in favor of smaller towns and suburbs. With remote work becoming a more permanent solution, millennials are looking to settle down in communities that offer them a better work-life balance.

A suburban home with a white picket fence and a garden in the front yard.

Home as an Office 💻

As remote work becomes a more permanent fixture in our lives, millennials are starting to prioritize home office space when searching for a new home. With more time spent working from home, there’s a need for dedicated space that is comfortable and conducive to productivity.

This trend is not limited to just freelancers or entrepreneurs. Even those who work for corporations are considering a home office as a must-have in their new home. A dedicated workspace is essential for mental health, productivity, and work-life balance.

A home office with a comfortable desk, chair, and décor.

Room for Hobbies 🎨

One of the benefits of remote work is the freedom to pursue activities and hobbies that may have been neglected when commuting to an office. This newfound flexibility has led to a surge in demand for homes with more space, both indoors and outdoors. Many millennials are now prioritizing homes with spaces that allow them to indulge in their favorite hobbies.

From a home gym to a painting studio, the possibilities are endless. Instead of commuting to a gym or renting space for their hobbies, millennials want to be able to do everything from the comfort of their homes.

A home with a large backyard perfect for gardening or outdoor activities.

Emphasis on Outdoor Space 🌳

As remote work makes it easier to work from home, there’s a greater need for outdoor space. A private balcony, a backyard, or a roof deck can be the perfect place to take a break from work and relax. With an emphasis on outdoor space, millennials are looking for homes with more access to the outdoors, preferably with green space.

Some apartment buildings and newly built homes offer communal spaces that provide the perfect outdoor escape. Urban laneways and rooftop gardens are becoming increasingly popular in places like Toronto and Vancouver, offering an oasis in the middle of the bustling city.

A rooftop deck with a view of the city skyline.

Conclusion 🎉

The shift towards remote work has had a significant impact on millennial housing preferences. The ability to work from anywhere has broken down geographic barriers and provided millennials with new opportunities. They’re now looking for homes that offer them a more balanced lifestyle, with outdoor space and room for hobbies.

For those in the real estate industry, understanding these shifting preferences will be essential in meeting the needs of future buyers. Remote work is here to stay, and the demand for homes that offer more space, comfort, and flexibility will only grow.

A diverse group of millennials inside a newly built home with modern décor and a scenic view of the outdoors.