FIRST VIENNA RESIDENTIAL MARKET REPORT | 2021
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TRENDING TOPIC
LI V ING SPACE IN THE FUTURE
DEMOGRAPHIC AND CLIMATE CHANGES are known to influence requirements on housing, but the pandemic and ensuing lockdown measures have also had a lasting effect on people’s requirements and priorities. Planners and property developers will need to react to the latest developments to keep up, and we will be seeing the result in the coming years of residential development projects. What awaits us? WORKING FROM HOME IS A TREND that will probably remain with us even after the pandemic, to a certain extent becoming the new normal. Apartments always show a tendency towards decreasing in size, and residents will want to make the maximum out of the minimum space available. This is achieved, on the one hand, by using flexible and multifunctional floor plans with room dividers and niches to create a separate work area in the living room on the fly, for example. ON THE OTHER HAND, common spaces will play an increasingly important role. We will need to ask ourselves whether co-working spaces would make sense alongside playrooms, communal kitchens, and gyms in residential projects. This might present considerable benefits for residents, especially for those that would no longer need to rent offices while keeping the focus on living rather than working within their own four walls.
PARTICIPATION will play a key role in this. There will be an additional focus on alternative forms of living planned according to the respective target market, such as housing projects specifically for single parents, assisted or supervised living respectively barrier-free living for senior citizens. The aspect of self-sufficiency and the building of a community in a megacity can also be furthered by activitites such as urban gardening.
“Private outdoor spaces such as balconies and terraces need to become standard in Vienna – and they need to be appealing for residents.”
THE INCREASING ATTRACTIVENESS OF RURAL AREAS, es- pecially in the past year, should not be ignored. Extensive nature reserves in the immediate vicinity are one major reason. Private outdoor spaces such as balconies and terraces need to become standard in Vienna – and they need to be appealing for residents. Intelligent planning ensures that a balcony is a place to feel comfortable rather than being on display. ×
“Working from home is a trend that will probably remain with us even after the pandemic, to a certain extent becoming the new normal.”
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