The Denver Post ran a story last week on the exploding popularity of backyard sheds and extended mountain stays. Aldo Svaldi said, “About one in five employers expects to have 40% or more of their staff at a remote location come next spring, according to a survey in July from The Conference Board. Before Covid-19 hit, only 3% were that open to out-of-office work arrangements. ” WOW!!!!
So, how is this impacting real estate? Studio Shed in Louisville who makes per-fabricated sheds has seen their sales increase by 500% since the pandemic hit. And they say 95% of their buyers are using their sheds interior finishes as home offices or work studios. These sheds/home offices start at about $20k.
I recently sold a home that had both a She Shed and a Man Cave which went for $5k over asking and only lasted 1 day on the MLS. In search of similar properties to sell. Call me if you’re in the market to buy or sell 720-307-5280
Photo by Jesse Gardner on Unsplash