Does Hardwood Floor Bring Up The Value Of Your Home

People always love the combination of beautiful and durable.

Does hardwood floor bring up the value of your home. No one knows if wood flooring provides more monetary value to your home upon sale. You can expect to see between a 70 80 roi on your hardwood floors but the best roi comes as you enjoy the low cost upkeep of the floors. Hardwood floors can add up to 2 5 to your home s value. Hard flooring wood stone is always in demand.

Many buyers love seeing hardwood flooring but to make a dent in the value the rest of the house needs to have updates too. Most people consulted think that hardwood provides higher resale value than other floors such as carpet luxury vinyl flooring or laminate though they cannot confirm this with figures. Hardwood flooring is an easy way to increase home value. Installing hardwood floors can cost between 9 and 12 per square foot compared with about 3 to 5 per square foot for carpet so some homeowners opt to install hardwood floors only in some.

If not engineered hardwood is another great option due in part to its added durability. Now any buyer who walks into a home will no doubt gush over the gorgeous hardwood floors if your home can offer it. It s hard to make hardwood not look good plus even when worn in it holds a certain appeal but it s not necessarily cost effective. For perspective as a general rule of thumb hardwood floors often cost 30 50 more than laminate floors.

If you can t afford or justify hardwood or stone go for looks and durability such as porcelain tile or engineered hardwood. Carpet on the other hand is almost completely the opposite. Hardwood improves the value of your home much more than laminate in fact it s not clear if laminate will improve the value of your home and this may depend on the neighborhood it may have a modest impact in lower end areas and may have no impact or potentially negative impact in high end areas. And in some locations.

As long as there is a consistent flow of hard surfaces not too much mixing and no nasty carpeting there s still a great chance at getting the most value out of your sale. While hardwood floors add the most value to a home that s not to say all buyers will lose interest if they aren t in your home.