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3 benefits of a creating a home office in your property

By Andrew Bell

A work/home balance, avoiding traffic jams, saving on fuel costs, and fewer distractions all rank as benefits of working from home, according to a recent Microsoft survey. With home working becoming more common, could your Gold Coast property benefit from an office? Will it be the one thing that seals the deal when you sell to someone who wants more time at home?

If you have space in your property, consider these reasons for maximising productivity and incorporating a home office.

A short commute

With your office at home, your commute is going to be cut down to around 10 seconds. Even if you only spend 30 minutes travelling to and from work at each end of the day, that's five hours per week you can claw back. That's enough time to start a new hobby, get that fitness regime underway or spend more time with family. You'll cut costs too, using less gas every day or saving a train fare.

Cutting the commute is good for the environment too, with around 26,000 workers travelling between the Gold Coast and Brisbane every day, according to a KPMG report. One less car on the road means fewer emissions. 

Increased property value

Working from home is becoming more popular, so creating Gold Coast real estate with a ready-made space from which to work can only be a good thing. Ensuring a good internet connection, in-room phone line and other useful office features, your property could really stand out for future buyers. They'll be able to start working the day they move in. Even if a prospective purchaser doesn't arrive thinking they need a home office, you've still shown them how versatile the property can be. Just make sure to tidy away any outstanding paperwork or unsightly cables before a viewing.

Claiming deductions

Whether you work from home all the time or mix it with visits to the office, you may be eligible to claim some of your expenses such as utility bills or the cost of replacement kit. The ATO detail what you can and can't claim so it's worth checking through their site to see what you could gain. Between lower fuel costs and reclaiming expenses, a home office can make a real difference to your finances. Make sure potential buyers are aware of this too.

For help with realising your property's full potential, talk to the professionals at Ray White Surfers Paradise today.

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