Working at Home
Working at home by your own time schedules can in theory be a very nice way of working but can in reality cause quite a bit of problems. Quite a few composers suffer from a lack of concentration, being constantly distracted and not really being able to focus their mind on their work when working at home while others have no problem whatsoever with that.
It is important to find out what works best for you. Some people can work even in their own living room with people around them while others need at least their own room while even others need a studio to “go to work to” away from home to be most creative and focused.
In the end you should decide for the option that allows you to be most productive even if “working at home” seems more comfortable and cheaper than renting a studio space somewhere else.