Hardwood floors are one of the best investments you can make for your home. They are incredibly durable, versatile, and most buyers love them. According to real estate experts, the average return on investment (ROI) of installing hardwood floors is between 70 and 80%, and they can increase the sales price of your home by up to 2.5%. It's no surprise that hardwood floors have the highest resale value.
Hardwood is always in demand, making it an easy choice to upgrade your home. Its durability and timeless quality appeal to most homebuyers and create a warm and inviting atmosphere for current residents. There are many different options, such as maple, oak, walnut or pine, allowing for maximum customization. Real estate experts around the world agree that hardwood floors can increase the selling price of your home by up to 2.5 percent.
If wood is king, tile is queen and, in some cases, it can increase the value of your home just as much as hardwood floors. When it's time to start exploring homes in search of the house of your dreams, you should pay special attention to the flooring. The type of flooring that most homebuyers are looking for today is hardwood. Not only will it always be in style, but it is also durable, easy to maintain, easy to restore, and there are many colors, species and styles available.
If you buy a home with hardwood floors, you can expect them to look beautiful for as long as you live in the house. When looking for homes to explore, start by looking for homes whose ads say: “hardwoods everywhere.” Waterproof floors are now available in a wide range of types, styles, brands and price ranges. In addition, a study showed that repainting hardwood floors allowed a cost recovery of 147%, and the installation of new hardwood floors resulted in a cost recovery of 118% in terms of the increase in resale value compared to the cost of the project. The biggest mistake people make when looking for flooring is replacing wood-style floors with carpets.
Unlike other flooring materials such as linoleum and wall-to-wall rugs, hardwood floors have never gone out of style. We recommend taking a look at Beauflor's flooring products which have an elegant collection of vinyl plank floor designs that can transform the look of your basement. If you're worried that the floors in your new home will look like any other house on the block, you should look for homes with hardwood floors. However, vinyl floors can still make a difference in how long your floors last which could be vital as we enter a more competitive real estate market.
Of all the flooring materials available today, you'll have no problem finding a wood floor that fits your decorating style. There are floor coverings available that will help your hardwood floors stay firm in areas with high humidity such as the kitchen and bathroom. Hardwood floors are durable and luxurious and you have plenty of options in maple, oak, hickory and pine so you're sure to find hardwood floors that look great in your home. Because artificial wood floors are virtually indistinguishable from natural hardwood floors once installed they're perfect for homes that want an authentic wood look.
While it's difficult to measure the true ROI of flooring accurately, real estate experts estimate that homeowners can recover about 106 percent of their costs by installing new hardwood floors in their home before selling it.