If you work at home and don’t have a comfortable home office or have one that’s not ideal, now is the time to convert a rarely used space (formal living and dining rooms), remodel a bedroom, or add a new addition. Costs are rising: labor, materials, equipment, furnishings, etc. Materials delivery is lagging too, but the sooner you start the sooner you’ll finish and possibly with a lower price tag. Financing is still at a relatively low rate, but interest rates are expected to rise by mid-year or sooner.
After a year-plus of being asked to work at home temporarily, you’re probably like many of us beginning to wonder if this might be the new normal. Some companies are also beginning to reconsider how much physical office space “togetherness” is really necessary to meet their business objectives. Those sprawling corporate campuses and skyscrapers are expensive. Many office employees also prefer some mix of home and company office time. Continue reading