Home Coworking Space: A White Paper

The traditional coworking realm has largely been confined to commercial buildings. Before COVID especially, there was a long-held belief that serious business was to be conducted in office spaces within commercial buildings, not in residential homes. However, the shift—albeit temporary for many industries—toward work-from-home environments showed that serious work could, in fact, be accomplished from home as well.

But working from home brought its own difficulties and challenges. It is much harder to maintain a work-life balance when the pressures of home life are right there in the next room—or even the same room—at times. If only there were a third option, where individuals could enjoy the comforts of working from home without the distractions of home.

This is where the residential coworking company comes into play. Imagine you are employed in a role that allows at least some of your work to be done offsite. Do you really want to sit in your local coffee shop surrounded by the noises of venting espresso machines, blenders crushing ice, and the loud table next to you? Probably not. But do you also want to go home and be distracted by the laundry that needs to be done, or the dog barking to be let outside for no apparent reason—just minutes after coming back in? Not really. And do you want to go back to the office and sit in your cubicle even though you know the work could be done elsewhere? Again, not really. So what’s the option?

The residential coworking company allows you to work out of other individuals’ homes. These homes are set up in a style similar to Airbnb, where you reserve your workspace based on a catalog of homes and availabilities in your area. Each home host can include a range of different options for your working space in that home—such as a coffee bar, a private bathroom, or even permission to bring your trusted work dog or cat. Some homes might even offer onsite babysitting or childcare, helping remove the most common distractions from your own home. Because this is a residential model working with homeowners, the price of these coworking spaces is significantly lower than commercial coworking spaces, which must charge higher rates to cover expensive downtown leases.

What do you think?

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