What Flooring has the Best Resale Value?

Posted on: May 29th, 2017 by The Carpet Guys

how much does hardwood floors increase the value of a home

Figuring out what type of flooring is best for resale value isn’t too difficult when you know who to talk to. Installing flooring with great resale value is something many homeowners think about, so it’s best to ask your local flooring dealer about it.

Whether it’s a dream home or a fixer upper, new flooring plays a huge role. Since flooring is more of a focal point in a room nowadays, there are a few things to consider when having new floors installed.

What Affects Flooring Resale Value?

First, what kind of floor are you interested in? Depending on the type of floor you choose will alter the amount of resale value it offers since none are the same. To make it easy for you, we’ll break it down.

Solid Hardwood Floors: You probably know this already, but hardwood flooring is one of the most desired types of flooring. It is something homeowners want to have when purchasing a new home or remodeling an old one. This style of flooring is timeless, elegant, and can last for decades.

Is hardwood worth the investment? Yes, it really is. It is one of the most valuable flooring options on the market. If you want a return for your money when you decide to sell your house, hardwood is the way to go. Homeowners often see up to three times their investment in return during resale.

Engineered Wood Flooring: Less expensive than solid hardwood flooring, engineered wood floors are also great for resale. Made from real wood composite veneers, these planks are wood floors. The only difference is, they’re not solid throughout.

flooring resale value

According to the NWFA (National Wood Flooring Association), U.S. real estate agents believe that houses with natural hardwood flooring are:

  • Easier to sell (99% of agents believe this)
  • Sell for more cash (90% say this is true)
  • Sell quicker (82% of agents say this)

Carpeting: Carpet installation is always inviting and popular with many homeowners. Over 28% of newly constructed homes are finished with carpeting, so it’s a great option to get a good flooring resale value.

When selling a home, agents will encourage clients to install new carpet before making a sale. This makes a huge difference in the resale of a home.

Many times, homeowners will want to make certain upgrades but have a budget to work with. Carpet pairs well with any hard flooring. More than half of homeowners prefer this style of flooring in bedrooms.

new carpet resale value

Old carpeting will hurt the home’s resale value for sure, so replacing it with new carpet is your best bet.

Laminate and Luxury Vinyl:   Even though these two styles don’t add monetary value for resale they do provide beautiful installations. They are budget-friendly and perfect for any home. A new laminate installation and Vinyl have the ability to mimic hardwood floors down to texture and grain.

An untrained eye cannot tell the difference from real hardwood and one of these two options. Luxurious and practical, some benefits include water, scratch, and dent resistance.

laminate resale value

Not only do you want to select the right type of floors, but color plays a big part in flooring resale value too. A lot of home buyers look for neutral colors like white, beige, or gray. This makes decorating easier because neutral colors are not difficult to work with.

You also want your new flooring to complement your home and benefit your lifestyle. Consider what would work best for you, and what investment would be best for resale.

Choose the Perfect Flooring the Easy Way!

Picking out the right flooring for your home can be overwhelming at times. With so much to choose from, homeowners don’t know where to begin.

Don’t worry, though, for The Carpet Guys can help you pick out the perfect flooring option for your home.

We have helped thousands of homeowners with their new flooring installations. Whether you’re renovating your home for resale or simply want to remodel for a fresh new look, we’re your guys!

Call us for your free in-home consult/estimate today.

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