Flooring is the first thing potential buyers notice when viewing a home. It creates a first impression and can make or break their decision to make an offer.
It’s no secret that immaculate floors increase homes’ value. But what type of floors are best to ensure a great return on investment?
Hardwood
Hardwood floors are a sought-after feature for prospective home buyers. They are a major selling point and can increase a home’s value by up to 2.5%. In addition to being beautiful, hardwood floors are durable and easy to maintain. They can withstand heavy foot traffic and even stains from spills. Many homeowners choose to have their hardwood floors refinished before putting their homes on the market. This is a cost-effective way to make the floors look like new again. It is also one of the few remodeling projects that will provide a positive return on investment when it comes time to sell.
In fact, the National Wood Flooring Association reports that 99% of real estate agents agree that homes with hardwood floors sell faster and for more money than those without. This is because a majority of homebuyers want to see hardwood flooring in their new homes. In addition, refinishing your hardwood floors is an affordable way to add value to your home.
When choosing which type of hardwood to install in your home, you should consider the style and color that appeals most to you. However, it is important to choose a hardwood that is durable and affordable. Avoiding exotic or rare hardwood species is also a good idea, which may limit your resale potential. Instead, opt for a more popular hardwood that is both sustainable and visually appealing to most buyers.
Another great way to increase your home’s resale value is by installing luxury vinyl plank (LVP) flooring. This type of synthetic flooring is designed to mimic the appearance of natural stone or wood. It has the added benefit of being more water-resistant than standard laminate. In addition, LVP can last up to twice as long as traditional hardwood flooring.
Regardless of which type of flooring you decide to install in your home, it must match the rest of the house. For example, installing carpeting in the bedrooms but hardwood throughout the living rooms and hallways will throw off the prospective home buyer.
Tile
Tile is a durable option that looks good in almost any setting. It’s resistant to impact, moisture, chemicals, staining, and scratches. It’s also easy to clean and looks great in kitchens, bathrooms, mudrooms, and other high-traffic areas. Tile also comes in a wide range of colors and finishes, so you can find the perfect style to match your home.
When choosing a flooring type, you should always consider what your market wants and how much you will spend. Be wary of trends, as these can easily change over time and may not appeal to a future buyer.
Carpet
Carpet is a type of floor covering composed of thick, often tufted fabric used to cover the floor or a staircase. It is usually used in homes for warmth and comfort but also can be decorative. Carpets are available in a wide range of styles and colors to meet any aesthetic. Unlike rugs, which are typically smaller and not affixed to the floor, carpets are a permanent fixture in a room.
While carpeting was a popular flooring choice in the past, it has slipped in popularity over time. However, it still remains a common choice for many homeowners, especially in colder climates. Carpet is soft on the feet and helps to control sound in a home. Depending on the type of carpet chosen, it can also be an effective insulator.
In addition to being a comfortable surface, carpet is relatively easy to maintain. However, it is important to keep in mind that carpet can trap odors, allergens, and other contaminants in their fibers. This can be problematic for potential buyers, who may not like the odors or allergens. Carpets also require regular vacuuming and thorough cleaning with a steam cleaner to keep them looking fresh. You can also use a robotic vacuum cleaner for carpet maintenance, and to learn more about this option, we recommend reading bobsweep reviews.
If you want to improve your home’s resale value, consider how future buyers will perceive your renovations. A house with dated green carpeting and dark paneled walls will not have as high of a resale value as a home with stone flooring and neutral paint colors.
Investing in quality hardwood floors is one of the best ways to increase a home’s resale value. Hardwood is a timeless and classic look that appeals to most homebuyers. It is also durable and can withstand heavy foot traffic. Additionally, hardwood is easier to clean and maintain than other types of flooring.
Another option to consider is engineered hardwood flooring. This type of flooring is more durable than traditional hardwood and can last up to 30 years if properly maintained. It is also less expensive than other flooring types and comes in various styles and finishes.
Vinyl
When it comes to remodeling your home, you want to make sure you’re making smart choices that will increase the value of your home. One of the best ways to do this is by putting in new flooring. You’ll want to choose a beautiful, affordable, and durable material. Vinyl floors are a great option for many reasons. They are easy to maintain and look like hardwood but much more affordable. In addition, they are durable enough for high-traffic areas.
Vinyl is a popular choice among homeowners because of its affordability and versatility. It’s available in a wide range of colors and patterns, so you can find the perfect vinyl floor to suit your style. Unlike carpet, which can be difficult to maintain, vinyl is easy to clean and doesn’t trap in moisture. Additionally, it’s cooler underfoot than tile and doesn’t absorb heat as much as hardwood.
Luxury vinyl planks (LVP) are an exciting innovation in flooring. This type of vinyl is designed to mimic the appearance of wood, and it’s easier to install than laminate. It’s also water-resistant and can be used in bathrooms. It’s a great choice for young families, pet owners, and anyone who wants the look of hardwood floors without the price tag.
Another benefit of LVP is that it’s a greener option than hardwood. It’s made from recycled materials and can be installed in a variety of styles, including wide-plank designs. This type of flooring is durable and looks just like real wood, so that it will add to the resale value of your home.
If you’re planning to sell your home in the future, it’s important to consider resale value when choosing new flooring. You want to choose a flooring material that will appeal to most buyers and fit your home’s aesthetic well. Hardwood floors are always a good choice, but you can also find other options that will increase the value of your home.
Keep in mind that home improvement projects may be tax-deductible. Be sure to talk to your accountant about the specifics of your situation.
