Value Hardwood Floors

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.

Value hardwood floors.

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. Hardwood floors can add up to 2 5 to your home s value. Of course this all depends on style grade etc. Many buyers love seeing hardwood flooring but to make a dent in the value the rest of the house needs to have updates too.

Hardwood flooring can run anywhere between 9 12 dollars including installation where carpet usually costs between 2 12. Other floorings such as tile could run between 7 14 dollars which are fairly comparable to hardwood. They re known for their timeless beauty durability and the value they can add to any home. Wood floors are one of the best investments you can make.

It s not just our staff that has the eye for design if you need that little extra assitance we partner with multiple designers throughout the city that would be more than happy to join in on your renovation. For perspective as a general rule of thumb hardwood floors often cost 30 50 more than laminate floors. 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. What type of flooring will give you the best return on investment.

It also beats out both of them as an ideal material for pets. They re durable versatile and most buyers love them. 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. Value of new floors while hardwood costs more than carpet does hardwood will last a substantially longer time than carpet.

According to real estate experts the average roi for installing hardwood floors is. Solid wood floors can be sanded and refinished numerous times to give them a fresh look. Laminate is more diy friendly and moisture resistant than both wood and carpet. Solid hardwood is great for high traffic areas and rooms on the first or second floors where there s limited moisture.

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. The cost to install laminate flooring averages 2 750 compared to hardwood s average of 4 400 and carpet s average of 1 600.