Select Page

The Work-From-Home Trend Is Here To Stay!

It’s Time to Find a Home that Fits Your Needs

 

Having a job that allows you to work from home is appealing for many Americans. More small business owners and entrepreneurs are choosing this option to take advantage of the flexible schedules, lower costs and higher productivity. It’s not surprising that the trend towards home-based businesses is beginning to shift the real estate market as well. This is reflected in the increasing demand for Clayton, NC homes, and professional real estate agent Chris VanDeWalker of Homes of Clayton can help—starting with these tips:

 

Out of the City, Into the Suburbs

With the growing popularity of this trend, people are flocking to the suburbs outside major cities, and the ripple effect can be felt in the outlying towns beyond them. As Entrepreneur explains, the ability to work from home benefits people who want to live where they can enjoy a quieter, slower-paced lifestyle and still be able to reach a broad customer base online.

 

Good News for Entrepreneurs, Freelancers, and Startups

If you have been looking to launch a new career or earn some extra money on the side, studies have shown that working out of your house can help you jumpstart your new venture by saving on overhead costs and salaries, especially if you outsource some of the work to freelancers. In 2020, only 4.6% of people in Clayton, NC homes were operating home-based businesses, but that number is expected to rise over the next several years.

 

Advantages of Clayton

If you’re considering the “Research Triangle” area and want a quiet, affordable location for your new home office, Clayton NC homes may have just what you’re looking for. Only 16 miles from Raleigh, Clayton is a close-knit community of about 20,000 people and, according to Niche.com, is the #1 place to live in Johnston County.  Many of the houses in Clayton can accommodate an office space in their floor plans. In 2020, the median home value was just under $175,000. However, the average list price is around $280,000. Obviously, the best deals are made by those buyers that are patient and knowledgeable.

 

Going for It

Whether you’re already a small business owner or you’ve decided to start a new home-based company, you need the right environment to maximize your productivity. In many cases, that means searching for a new house that will meet your changing needs or accommodate your new business. When you’re ready to take the plunge, here are a few suggested steps to follow:

  1. Determine how much you realistically can afford. Take a look at your household income, debt-to-income ratio, credit score and the amount you will be able to afford as a down payment.
  2. Assess your business particulars and do a layout of what you’ll need, such as a client entrance, a workshop, or special storage.
  3. Get pre-approved for a mortgage.
  4. Find a realtor who can walk you through the entire process, start to finish.

 

Judging by its steady growth over the past several years, working at one’s own business at home is a trend that’s here to stay. For many people, it has improved their quality of life and opened up a world of possibilities for them. If a home-based business sounds appealing to you, it just might be the right time to take that first step. Connect with Homes of Clayton today!

Chris VanDeWalker REALTOR®

Clayton Real Estate Agent