Top 5 things to Love About Co-Living
Wondering if Co-Living is right for you? We are breaking down all of the benefits of co-living. After surveying over 1,000 respondents, this is what they love most.
Co-Living is not a new idea. It’s been around since human’s were walking the earth and living with one another. The co-living term on the other hand is relatively new and has been recently popularized by housing startups offering affordable housing in homes that are typically shared by five or more adult roommates.
Co-Living spaces take many forms and are seen across a variety of property types such as single-family homes, historic properties like Victorian mansions, historic churches, and even fire stations. Today, we are even seeing institutional developers build new projects that exclusively cater to the co-living housing segment.
Co-living in short offers renters a professionally managed short-term or flexible lease with perks such as furnished bedrooms and common areas, professional cleaning services, and lots of on-site amenities. Rent is typically paid as a one-time monthly all-in cost for rent, house supplies, utilities, and cleaning.
If you are wondering if this is right for you, here are some of the biggest benefits to consider.
Affordability & Ease
Living in a big city or urban environment, you know how quickly housing costs can eat up most of your monthly budget. With co-living, you are getting the best possible deal. For renters who travel light, you are saving on furniture, moving costs, and more importantly rent as most co-living bedrooms cost on average 20-30% below housing costs for a traditional studio apartment.
On top of the savings, paying your bills have never been easier as there is no need to chase down roommates for their split of utility bills. With an easy online portal to pay a one-time monthly payment, we save you time to focus on what’s important to you.
Built-in Community
Immersing yourself into co-living will introduce you to a diverse community of people from many cultures, backgrounds, and experiences. The built-in community encourages creativity, innovation, and teamwork. In the Netflix show, Silicon Valley, would Pied Piper ever have been as successful if it hadn’t launched at Erlich Bachman’s incubator house?
No Roommate Conflicts
I’ve seen enough Judge Judy episodes to know that there are some bad roommates out there. In a traditional shared living set up, there are many things to argue about such as late payments, cleaning up after yourselves, eating someone else’s food. At Tempo Co-Living we have figured out a way to solve all these problems. By centralizing the payment system, having professional cleaners in the house bi-weekly, designated kitchen and pantry space for each co-living guest, and having a robust set of house etiquette guidelines, we have essentially eliminated potential for friction. Basically, co-living is the perfect solution for someone who enjoys the social aspect of communal living, minus the headaches of traditional house shares.
Flexibility
The traditional office 9-5 is dead. So is the way we live. More and more people are working remotely and traveling more. Lease terms are decreasing as people look for more flexible options. If you’re not ready to commit to a long-term lease and be tied down by all the things that come with a year long lease (ie. buying furniture, appliances), co-living may be the perfect option for you.
Whether you are moving to a city and need to get a feel for the neighborhoods before you commit, are a remote worker wanting a new change of scenery, an international traveler or nomad, a contract healthcare provider, or for those new college graduates looking for affordable workforce housing, co-living is the perfect option for you.
Living Lighter
Marie Condo wrote the book called “The Life Changing Magic of Tidying Up” and it became a hit for a reason. We feel better when we declutter our life. Co-living houses are professionally designed and furnished. We take on the task of putting the house in order so you can focus on establishing the lifestyle you want most. Our houses spark joy.
Tempo Co-Living offers private rooms that connect you to community, make you more productive, and allows you to focus on what’s most important to you. Find your next home at Tempo Co-Living. Our pricing starts from $1,200 per month!