How to Add Value to Your Home with Flooring
RH Business Marketing Solutions
Thinking of selling your home but want to add some more value to it before you do?
Although most homeowners focus on renovation projects, such as installing a new kitchen or landscaping the backyard, not many take the time to update the flooring.
So, what are the best flooring options for people wanting to add value to their homes? Let’s take a closer look.
Solid wood flooring
Solid wood flooring is one of the most sought-after types of flooring, offering durability, aesthetic appeal, and luxury. Although widely considered to be the most high-maintenance flooring material, solid wood is still hugely popular due to its stunning appearance.
In terms of value, it is estimated that solid wood flooring can add between 1-10% to the value of your home, meaning you could see a substantial return on investment if you choose this flooring type.
Engineered wood flooring
Engineered wood flooring is another type of flooring that is currently having its moment. More affordable than solid wood flooring, engineered wood is also easier to maintain and perfect for installing underfloor heating.
Although engineered wood flooring will not add as much value to your property as solid wood, it can still be highly effective at attracting buyers and can still add a healthy amount to your asking price. If you do want to use this type of flooring, you need to make sure you use a quality Boen Flooring Installer to lay your engineered wood.
LVT (luxury vinyl tiles)
Luxury vinyl tiles are known for their practicality, making them a popular choice for young families and people with pets. LVT flooring is also stylish and can be used in both modern and traditional properties alike.
LVT flooring is versatile and attractive and offers the authentic look of wood at a fraction of the price. While this type of flooring won’t add much to the value of your home, it is perfect for high-traffic areas of the home and can attract buyers who are looking for a practical and low-maintenance home that still looks the part.
Laminate flooring
Laminate flooring is one of the cheapest types of flooring, so it’s the ideal choice for home sellers who need to replace the flooring but are on a strict budget. You can find laminate flooring that mimics wood and stone, and both of these options can help make your home look more expensive than it is.
Again, this type of flooring won’t add much value to your home, but it is still a good investment as it can help you attract busy families who favor a clean and modern-looking home.
Final thoughts
If your current flooring has succumbed to wear and tear over the years, this can impact how easily you can sell your home and how likely you are to achieve the asking price.
For those with a bit more money to spend, solid wood flooring is the obvious choice, offering the greatest return on investment. However, for those on a tighter budget, both laminate and LT tiles are good options, delivering a low-maintenance and attractive finish.