The Best Flooring to Increase Home Value
Value That Lasts
Can installing the right flooring increase the overall value of your home? The answer is yes.
Let’s dig in. This guide explores the best flooring options for homeowners.
Although the market is often competitive for home sellers, installing the right flooring in your home could be the investment solution that makes it stand out. Many potential homebuyers appreciate hardwood floors’ elegant and long-lasting appeal. Ask any realtor, and they’ll agree. Unfortunately, the exact percentage of return on investment for installing hardwood floors is hard to pinpoint. The data could be clearer on the ROI, but what is certain is an increase to your home’s overall value.
Making the Best Choice
Selecting new flooring for your home is both an exciting and daunting process. The amount of flooring products on the market is staggering. There are many manufacturers to choose from, and each type comes in various styles, colors, textures, and patterns. You also need to consider your current needs in a flooring product carefully and balance them with those of future homebuyers.
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The Top Three
We’ve assembled a list with a few flooring options known for increasing the resale value for homeowners. Not only will they increase the value of your home, but these flooring options also provide many benefits that your family will love.
Solid hardwood is constructed from 100 percent solid lumber and then milled into a specific thickness and width. The result is stunning hardwood flooring, where no two pieces are exactly alike. Other than perhaps engineered hardwood floors, very few options rival a solid hardwood floor’s timeless style and charm. Unsurprisingly, homebuyers are willing to pay more for a home with genuine hardwood floors. You can refinish them repeatedly, meaning they’ll last for a very extended time.
Engineered hardwood floors are still 100 percent hardwood with the same charm of solid, but they feature layers of wood veneers. The top layer comes in a wide variety of wood species, so you can find a design that works wonderfully in both traditional and contemporary designs. Also, their cross-layer construction gives engineered hardwood better resistance to humidity. Since engineered and solid hardwood floors offer a comparable ROI for homeowners, the choice between the two often comes down to personal preference, needs, and budget.
LVT, or Luxury Vinyl Tile, is highly resistant to dents, moisture damage, and heat. Thus, making it perfect for those in need of durable flooring. Vinyl planks are one of the most common and popular types of vinyl flooring. They are stylish, highly cost-effective, waterproof, and relatively easy to install.
CONCLUSION
Hardwood floors (solid and engineered) are timeless and will give you the biggest increase in value—plain and simple. However, these options aren’t suitable for every space, budget, and family.
Fortunately, plenty of flooring options can improve the look and resale value of your home. Still trying to decide which flooring option is right for you? Contact the Pinnacle Floors nearest you and let our team of professionals narrow down your choices.