Build-to-Rent
Three Trends Reshaping Residential Real Estate
by Radian Real Estate Management
The residential real estate landscape is experiencing a significant transformation with the rise of build-to-rent (BTR), a sector experiencing significant growth, with the share of BTR homes doubling from 5% in 2021 to 10% in 2023 (National Association of REALTORS®). A flexible housing solution, BTRs provide consumers with a desirable alternative to purchasing a home. Combine that with low maintenance due to being new construction and it is no wonder investors are adding more BTRs to their portfolio.
Let’s look at three recent trends in the BTR market:
Economic Implications
BTR properties not only offer an alternative to traditional homeownership, but they are also helping to fill the housing supply demand, addressing housing accessibility challenges, and can potentially generate returns for investors.
Flexible Living Spaces and Communities
Recognizing changes in what some consumers are looking for in a home, these properties are designing adaptable living environments to support hybrid work models, provide a sense of community through unique amenities such as pools and fitness centers and offer more flexibility compared to owning a home.
Technology Integration with a Sustainability Focus
Modern BTR communities are leveraging smart home technologies. Features like keyless entry, app-controlled utilities, and integrated community management platforms are becoming standard, enhancing convenience and operational efficiency. In some cases, developers are incorporating things like solar panels and EV charging stations to meet the evolving needs of their residents.
The build-to-rent sector represents more than a temporary trend—it is a fundamental shift in residential real estate. Reach out to the team to see how our suite of diligence solutions, provided by Radian Real Estate Management, and valuations solutions, provided by homegenius Real Estate, can help you.
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