Looking for the Perfect Home Office for your Business?

Buying or Building the Perfect Home Office for Your Business

While working at home can be great for achieving the right work-life balance, it can be stressful if you don’t have a dedicated space for your work. While you’re taking steps to prepare your business, whether it’s taking time to register as an LLC or find funding for your idea, it’s also important to create an office in your home, whether it’s rearranging the living room or even building an office shed in the backyard. For some, it might make sense to buy a new house altogether. If this is the case for your situation, John Cordeira can help.

Buying a new home

For some home-based business owners, establishing a dedicated office at home can be challenging. While some types of business-owners such as writers or accountants can operate from anywhere, others may require more space. For example, if you’re a therapist seeing clients at home, you’ll need an established space that offers some privacy—both for your client and your family.

If your home can’t sustain your business, it’s time to start looking for a new home. This process will likely take some time, and there are some important steps to consider before diving into real estate ads. First, take a close look at your finances and determine if your debt is an obstacle. If you’re underwater with your credit cards or loans, it’s a good idea to look into financial relief options.

Fortunately, some states offer debt consolidation programs to help get families out of the red. Some of the options include debt settlement, debt consolidation loans, and debt management through counseling. Keep in mind that there are a few factors that will determine which option is best, including your amount of debt, employment status, and ability to pay off your debt.

As soon as you get your debt under control, you can then start building your credit and save for a down payment. 

Finding the right fit

When you’re looking for a new home, keep in mind that you should be looking for a house that will be appropriate both for your business needs and for your family’s requirements. For business owners who store inventory, finding a house with a secure and dry storage room will be key for having your business run smoothly. 

Once you know what you need for your business, start by researching home prices in areas that will allow you to have more space for both your office and your storage needs. When you have a better idea of home prices, you can start budgeting for your down payment.

Making the most of your current space

If you’ve determined that you need a bigger home but you need some time to reduce your debt and save for a down payment, get creative with the space you have in your current home. 

The best space for a home office is in a spare bedroom, but if this isn’t an option, try using an area of your home that’s not often used. For example, living rooms are often unused during the day, so consider rearranging the furniture to allow for a desk and chair. You can arrange the furniture in such a way that will help create a somewhat private space—consider using bookshelves or even room dividers to section off your workspace.

Another creative use of space is turning a closet into a workspace. When you’re transforming a closet into an office, make sure you buy a narrow desk that will fit inside, or get crafty by building your own. Be sure to include a light source, whether it’s a simple desk lamp or some LED lights you can hang from the top of the closet.

If you’re struggling to find space in your home, consider making use of the backyard: prefabricated offices are great for business owners who need a quiet, private workspace away from others. There are plenty of different designs and sizes out there, so do your research and find an option that’s within budget.

Your home-based will thrive once you have the right workspace. Even if it means buying a bigger home, dedicating a room to your business will make a noticeable difference to productivity and focus. Get your finances in order before you start the home search, and consider creative ways to design a workspace in your current home while you save money.

Looking for the perfect home? Contact John Cordeira to help you find a home for your personal life and business! 516-526-8077

Below are Homes for sale that have a home office or the potential to build a home office

$2,999,000 - 8Br/5Ba -  for Sale in Hempstead
$2,999,000
Open House
MLS# L3592685
1315 Club Drive
Hempstead, NY 11557
Property Type: Single Family Residence

Listing Courtesy of Douglas Elliman Real Estate.

$5,999,999 - 5Br/10Ba -  for Sale in Hempstead
$5,999,999
MLS# L3430085
67 3rd Street
Hempstead, NY 11530
Property Type: Single Family Residence

Listing Courtesy of Keller Williams Realty Greater.

$999,999 - 3Br/3Ba -  for Sale in Hempstead
$999,999
MLS# L3525839
266 Thompson Avenue
Hempstead, NY 11572
Property Type: Single Family Residence

Listing Courtesy of Coldwell Banker American Homes.

$4,499,000 - 6Br/9Ba -  for Sale in Oyster Bay
$4,499,000
MLS# L3528801
5 Valentine Farm Court
Oyster Bay, NY 11545
Property Type: Single Family Residence

Listing Courtesy of Compass Greater NY LLC.

$4,750,000 - 5Br/6Ba -  for Sale in North Hempstead
$4,750,000
MLS# L3536656
12 Sloanes Court
North Hempstead, NY 11050
Property Type: Single Family Residence

Listing Courtesy of Douglas Elliman Real Estate.

$777,000 - 3Br/1Ba -  for Sale in Hempstead
$777,000
MLS# L3538532
221 New York Avenue
Hempstead, NY 11561
Property Type: Single Family Residence

Listing Courtesy of Howard Hanna Coach.

$705,000 - 4Br/3Ba -  for Sale in Hempstead
$705,000
MLS# L3543731
540 State Street
Hempstead, NY 11561
Property Type: Single Family Residence

Listing Courtesy of Cross Country Realty.

$1,399,000 - 5Br/4Ba -  for Sale in Oyster Bay
$1,399,000
MLS# L3545595
1368 Lakeshore Drive
Oyster Bay, NY 11762
Property Type: Single Family Residence

Listing Courtesy of Blue Island Homes NY LLC.

$1,175,000 - 6Br/3Ba -  for Sale in Oyster Bay
$1,175,000
Open House
MLS# L3547194
140 Colony Lane
Oyster Bay, NY 11791
Property Type: Single Family Residence

Listing Courtesy of Ashford Homes 6 Inc.

$995,000 - 4Br/2Ba -  for Sale in Hempstead
$995,000
MLS# L3547957
103 Driscoll Avenue
Hempstead, NY 11570
Property Type: Single Family Residence

Listing Courtesy of Cross Country Realty.

$520,000 - 3Br/1Ba -  for Sale in Hempstead
$520,000
MLS# L3553459
23 Quebec Road
Hempstead, NY 11558
Property Type: Single Family Residence

Listing Courtesy of Century 21 AA Realty.

$889,000 - 4Br/2Ba -  for Sale in Hempstead
$889,000
MLS# L3589827
1908 Bergen Street
Hempstead, NY 11710
Property Type: Single Family Residence

Listing Courtesy of Signature Premier Properties.

About the Author

Gravitar for johncordeira
johncordeira