Three Considerations When You Work From Home And Buying A House

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If you have recently started to work from home you probably already realize how important it is to make sure you have a working space where you can separate home life and work life. For one it enables you to keep a good work-life balance, two it means you can focus and get the work done that you need to without the many distractions of home life. This means that when you are buying a new house, you need to think about a few things to make it work.

Let’s have a look in more detail below.

Your Budget 

One of the first things you need to look at is your budget. You need to look at everything from what monthly payments you can afford to look at things like ‘where can i get a quit claim deed form?’ You also need to look at how much it costs you to run a business or work from home and factor that into your monthly living costs. Are you able to claim back expenses for the costs of working from home? What are you allowed to claim etc? Once you have done this you will be able to understand if you can afford a property with a separate office, or if you are looking for one with a space you can section off. 

What Space Do You Need? 

What type of business or work are you going to be doing at home? Are you doing arts and crafts or just need a space for a computer and printer? If you need a lot of space it is going to be a priority to ensure you have a room big enough to use. It could be that you can convert the basement or garage to be used for a large-scale business or you could easily fit in a small box room or corner of the living space. Think about what space you need and then add it to your list of requirements. 

Can You Afford To Work From Home? 

Working from home can be both good and bad. On the one hand, you get to be in your own space and can therefore be a little more flexible with your working style, on the other hand working away from home gives you structure and can be less expensive. Working from home will mean that you are giving up space in your home that can be used for something else, can you afford to give up this space? It will also mean that you have additional electricity, heating, and water costs. You may even need to pay for a better internet service to ensure you can work from home effectively. Put all the cots into your existing budget and get an idea of whether you can afford to work frm home before you shop for a house. 

These are just three considerations that you need to have when you are shopping for a new house and working from home. Do you have anything else that needs to be looked at? Please share them in the comments below.

Jenn Leach, MBA

Jenn Leach is a Houston-based MBA with over a decade of experience in the banking industry. She writes at Millennial Nextdoor where she writes finance, money, business, and lifestyle content to help millennials create additional income streams online. Join her on Substack at

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