As the coronavirus pandemic in 2020 continues to accelerate the shift towards working from home, one new amenity is proving to be the new “must have” for any home.
It’s no longer the master bathroom and no longer the kitchen, instead 2020 has made the home office and all the privacy and quiet that comes with it the new hot item being spotlighted by new real estate listings.
But what if you’re stuck in a crowded house with nowhere left to take your Zoom calls? Turns out an increasing number of Americans have recently been turning to purchasing prefabricated, stand-alone office options.
For Boulder, Colorado-based Studio Shed, which has been building small offices and bedrooms that cost an average of $20,000 to $30,000 in backyards since 2008, business has been exploding. Studio Shed co-founder Mike Koenig tells Yahoo Finance that the shift to work from home during the pandemic has propelled sales to increase 14-fold over what his company saw last year.
“Recently, we have seen a massive surge in the 80- to 120-square feet option, which is a perfect office size or home gym or kid’s study area,” Koenig said. “We were already seeing some very good growth having started in 2008 just seeing these shifts in the way people work and wanting to spend more time at home and maybe not commute, but starting in March it’s just been growing significantly.”
Source: Yahoo! Finance