Technology is undeniably evolving at a rapid pace with cloud services, mobile mail and applications, streaming services, Skype, Voip… and the list goes on. This change has also influenced our daily lives. Gone are the days of keeping office hours due to the use of fax machines or filing, or ensuring you visit the shops before it closes at 5pm. Days, weeks and months seem to fly by and time saving has become the highest priority in most of our lives.

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“Due to the demand for saving time, more and more people are opting for virtual offices with the use of technology, or changing working hours to save on travel time and to up productivity. “We have seen a clear incline in buyers including the requirement for additional space for a home office or an additional room which can be converted into office space” says Craig Hutchison, CEO of Engel & Völkers Southern Africa. The markets have been influenced by this trend in such a big way, that the infrastructure of the suburb of choice plays a big factor when deciding where you are to call home. “Areas where Optic Fibre are already available, have seen an increase in property values. Other influences that add value to a work-from-home lifestyle include the accessibility to schools, shopping malls and highways. These will also play a vital role in the value of your property when looking to sell at a later stage.

 The work from home trend is no longer a luxury but has turned into an official way of life and will influence many other markets and industries surrounding your home. Be prepared for a boom of economic growth in the fast lane.

Engel & Völkers

The Parks
18 4th Avenue Parkhurst
2193 Randburg
South Africa
+27-11 100 7502

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