I would be working. DH would be working. DD has been warned that she would be doing projects useful for school, even in advance of an email last week from headmaster that they are looking at arrangements to continue schooling remotely as far as possible.
We would not have the commute which would give us back 2 hours per day each (DH and I).
OTOH, DD would have no sport so would be driven up the walls (and likely drive us up them too!!).
I also have a lot of sewing to catch up on, plenty of food to slow cook, baking to do, letters to write, paperwork for various groups to complete....and a large stack of unread books by my bed. So I might make some inroads into some of that. And possibly even get the garden planted for spring (veg) - but given DD being up the walls with no sports, the small garden may be a no go area for us (or at least planting veg) as she'd be kicking her ball around there a lot.
Our neighbourhood is very sociable, so while we wouldn't be having any gatherings, there would likely be an arrangement of "group shopping" - each house (which is able to) taking turns to do the supermarket run for everyone, for the basics, and also making sure any who had illness had supplies dropped at their door to bring in afterwards. If we were all generally well, we might have gatherings in gardens where we could be spaced out and outdoors, but still catch up with each other.
I suspect though that the reality would be fairly dull and boring, work grind (and a load of problems to deal with because of working remotely and most of my staff at least not being able to - DH's workplace are better set up so all staff can work remotely, but he'd have a different set of headaches). And keeping DD occupied enough. We might get to relax more in the evenings with no groups or meetings to attend, and less commuting etc - so we might actually catch up on some sleep and hobbies at home. But I don't think it would be a picnic....
(I can also see us, if we are all well, possibly trying to get out into the mountains for a long walk one day - they are not too far from home, but tend to be pretty quiet most of the time, and as I have masks, we could do it without being a major risk to others).