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How Hardwood Flooring Can Increase Your Home Value

Hardwood floors or engineered hardwood flooring are all the rage in today’s market. Many homebuyers would prefer to buy a home with a majority of hardwood flooring throughout instead of carpet.

A study from the National Association of Realtors® found that refinishing hardwood floors or installing new hardwood floors generated the highest ROI than any other home renovation project. Refinishing hardwood flooring has a 147% recovery of costs, and installing new hardwood flooring has a 118% recovery. 

Let’s look at a few benefits of hardwood flooring and why you should consider installing it in your home before you sell.

Low Maintenance

Hardwood floors are very low maintenance and easy to clean. It does not take much for them to look great! They can be vacuumed, swept, or mopped to remove debris, dirt, or spills, making them an excellent option for busy families with little ones or pets.

Aesthetically Pleasing

Hardwood floors have a way of making your home feel sleek and clean. They add a natural warmth to any room and have very stylistic features. In addition, they work well with any design or decor theme, making it easy to switch pieces in and out.

Cost-Effective

Although hardwood floors tend to be more expensive, they are incredibly durable and will last a long time. Since they are easy to clean and less likely to be damaged, this will reduce the cost of having them professionally cleaned or repaired. It may cost a bit more upfront, but it will save you money in the long run.

Refinish For A New Look

If you want a new color of flooring or notice they are getting worn out, you can always refinish them instead of replacing them entirely! Unlike tile that breaks and you have to fix it or carpet that’s seen better days, refinishing your hardwood floors makes it so you don’t have to rip anything out and completely redo it.  

Of course, hardwood flooring isn’t for everyone, so make sure to do your research! If you are considering hardwood floors and would like suggestions on what would look best, please reach out to us! We would love to be a resource for you!