The Impact of Flooring on Home Values

The Impact of Flooring on Home Values

The flooring in your home plays a significant role in the overall value of your home. In this article, we will be discussing the impact of flooring on home values.

Hardwood Flooring:

Firstly, hardwood flooring is one of the most expensive flooring a home can have. Therefore, for a significant increase in home value, invest in hardwood flooring. Moreover, a lot of factors have to be taken into consideration when it comes to hardwood flooring. These include, high installation costs and materials.

Tile, Marble & Stone:

Similar to hardwood flooring, tile, marble and stone are typically even more expensive, setting a drastic increase in home value. Therefore, if you are not too fond of wood flooring but want to increase your home value by a mile, consider these alternatives. However, this type of flooring requires extremely high installation costs and materials. Moreover, if you are on a budget, do not go for this type of flooring.

Vinyl and Linoleum:

Thirdly, vinyl and linoleum are more on the calmer side of the price. Therefore, if you enjoy the look of hardwood flooring but not the price, consider these alternatives. Not only, is this a cheaper option, you do not need to worry about high installation costs. However, be aware that this type of flooring will not contribute significantly to the home value.

Carpet:

Lastly, carpet flooring is probably the most affordable flooring option to consider. Although, it may be inexpensive, you may have a hard time getting your home off the market. The reason being, most potential buyers prefer modern flooring and unfortunately carpet flooring is not very modern. However, if you are low on funds and need to repair damaged flooring, you may have to consider carpet flooring, rather than the other more expensive options.

 

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