If after months of working from home you’ve reached a point where the kitchen table just isn’t cutting it, you’re not alone. A growing number of homeowners are remodeling and investing in their own workspaces. In fact, PowerPay, a home improvement lending platform, observed a 92 percent jump in home office renovations among its borrowers in the latter half of 2020.
“We’ve seen a massive move to invest in the home/work environment,” says Mike Petrakis, founder and CEO of PowerPay.
If you’re like many considering building a formal home office to stay on the job or boost productivity, you have several options to pay for it.