The type of flooring in your home will definitely affect the home’s asking price on the real estate market. Today’s home buyers are savvy and are looking for quality flooring that will last for the next couple decades.
The flooring of choice today is wood or wood-look. Hardwood flooring is king and is the preferred flooring by almost every demographic. Home buyers will even consider old and tired hardwood flooring in good condition as an asset to your home.
For homeowners looking to replace flooring, hardwood can be a very expensive choice. However, new hardwood flooring can boost the home’s resale value in most real estate markets and has an excellent return on investment.
Engineered wood flooring has a comparable value to hardwood flooring in terms of investment. It is a hundred percent wood flooring and often has the same “wow” value. Homeowners love it because it can be a more economical choice than hardwood flooring.
Luxury vinyl plank flooring is a manmade material that mimics the look of hardwood. Some versions are really convincing in both look and texture and it’s surprising to know that it’s not real wood. This flooring is extremely durable and popular with young families and dog lovers.
Laminate flooring also falls into the category of durability. It’s hardworking and stands up to a lot of traffic. Both Luxury vinyl plank flooring and laminate are available in many price points. Generally, the more expensive versions look more like real wood. If you are replacing the flooring in your entire home, vinyl plank and laminate are a much more economical choice than hardwood or engineered wood flooring and by a lot. But you will not have the same return on investment.
Ceramic tile floors in a home can be tricky. Tile is a very trendy material and can be easily dated. Homes that have plain, neutral tiled floors will not put off potential buyers.
Carpet is still the least desirable flooring among home buyers. It is a good choice for its insulation properties and comfort to walk on but it remains an unpopular choice.
Whether you’re updating a single room or replacing flooring throughout your home, investing in the right flooring material can enhance both your living experience and your home’s resale potential. Visit your local TIMBER MART to browse the selection of high-quality flooring options and for the expert advice.
