Does luxury vinyl plank increase home value?

Author: scraper  |  Last update: Sunday, August 16, 2026

Yes, Luxury Vinyl Plank (LVP) can increase your home's value and boost buyer interest. While it may not yield the same premium ROI as natural hardwood, a high-quality LVP installation can offer an excellent return on investment by appealing to modern buyers seeking durability and move-in readiness.

Does vinyl plank flooring devalue a home?

No, Luxury Vinyl Plank (LVP) rarely decreases home value. In fact, high-quality, professionally installed LVP usually increases a home's perceived value by 2% to 3%. It is highly desired by buyers because it is waterproof, scratch-resistant, and low-maintenance.

What are the disadvantages of luxury vinyl plank?

Luxury Vinyl Plank (LVP) is a popular, waterproof flooring choice, but it has significant downsides. Its major drawbacks include vulnerability to heavy furniture dents, fading from direct sunlight, and total inability to be refinished. Furthermore, poor-quality options often suffer from brittle locking systems and emit VOCs.

How much does it cost to install 1000 sq ft of luxury vinyl plank flooring?

Installing 1,000 square feet of luxury vinyl plank (LVP) flooring typically costs between $4,000 and $8,000+ for professional installation, with an average around $6,000 to $7,000. Total costs usually break down to $2–$5 per sq ft for materials and $2–$5 per sq ft for labor, including prep and installation.

What flooring is trending for 2026?

Wooden flooring – a fresh take on natural beauty

The year 2026 marks a time when wood regains its true power. Naturalness becomes the central theme in interior design, and wood tones – particularly warm, honey-coloured shades – will reign supreme in modern spaces.

What flooring is outdated?

Gray-toned hardwood and laminate. Wide plank farmhouse-style wood. Painted floorboards. Artificial or fake-looking wood.

Should your flooring be lighter or darker than your walls?

In the end, the best choice depends on the unique proportions of your home, the amount of natural light, and the atmosphere you want to create. Whether you choose dark floors to ground your space or lighter floors to lift it, color balance between walls and floors can completely transform how your home feels.

What color LVP is most popular?

The most popular Luxury Vinyl Plank (LVP) colors are light oaks, greige (a blend of gray and beige), and natural warm browns. While stark, cool-toned grays were previously dominant, homeowners are increasingly shifting toward softer, organic neutrals that create a bright, inviting atmosphere.

How much does Home Depot charge to install a luxury vinyl plank?

Installing Luxury Vinyl Plank (LVP) through The Home Depot typically costs between $4 and $9 per square foot, fully installed. This averages $3 to $6 per square foot for labor and $1 to $3 per square foot for materials.

Is thicker LVP flooring better quality?

The core thickness of LVP flooring directly impacts its durability. A thicker core translates to a more robust and long-lasting floor, which can better withstand heavy foot traffic, furniture, and daily wear and tear.

Can I use Swiffer Wet on luxury vinyl plank?

Yes. Both dry and wet Swiffer mops are safe to use on vinyl plank, as long as you're using cleaning pads that don't leave behind residue. Just avoid soaking the floor.

Why do people not like LVP?

While Luxury Vinyl Plank (LVP) is incredibly popular for being affordable, water-resistant, and DIY-friendly, it faces significant backlash, particularly from flooring contractors and interior purists. Common complaints include:

What is the healthiest flooring to put in your house?

The healthiest flooring options for your home are those that are low-emitting, hypoallergenic, and free from volatile organic compounds (VOCs) and toxic adhesives. The absolute best choices for indoor air quality and chemical sensitivity are solid hardwood, ceramic or porcelain tile, and natural linoleum.

Do buyers prefer LVP or hardwood?

Many potential buyers appreciate the high-end, natural look that is nearly identical to solid hardwood. While high-quality LVP can certainly make a home more attractive to buyers—especially compared to dated carpet or tile—it doesn't typically carry the same investment weight as real wood.

What decreases property value the most?

Factors that decrease property value the most fall into three main categories: location issues, structural damage, and poor neighborhood conditions. These factors can collectively slash a property’s value by 5% to 30% or more.

Can you put a refrigerator on top of vinyl plank flooring?

Yes, you can place a refrigerator on top of vinyl plank flooring. Because the floor is highly durable and waterproof, it easily handles the weight and potential spills of a fridge. However, as with any heavy object on a floating floor, taking a few precautions prevents damaging the planks.

What color LVP is trending in 2026?

What are the most popular vinyl plank flooring colors in 2026? Light oak, greige, and soft brown tones continue to be favorites. These colors feel fresh and versatile, working well with neutral palettes, natural light, and the relaxed, airy look many homeowners are going for right now.

Which is better, 6 mil or 22 mil vinyl plank flooring?

6–12 mil wear layers are best for light residential use, guest rooms and low-traffic areas. 12–20 mil is ideal for busy homes with kids and pets, your everyday family use. 20+ mil is where you enter light commercial territory, rental properties, small shops, and offices.

Do contractors get better pricing at Home Depot?

Contractor discounts at The Home Depot include Volume Pricing so you can get the job done. To get started with Volume Pricing, create a list of the supplies and materials you need and bring it to the Pro Desk. Our Pro associates will help you get the lowest price possible.

What color house sells the least?

"While bold colors like deep reds, greens, or bright oranges can be attractive to certain homeowners, they can decrease a home's value by making it harder for potential buyers to picture themselves in the space," explains Mike Fabbri, at The Agency New York.

What time of year does vinyl plank flooring go on sale?

The best months to buy flooring are late December through February and mid-May to early June. During winter, flooring stores clear out old inventory with deep discounts—often 15–30% off.

What floor color looks the cleanest?

If you're wondering which colour floor shows the least dirt, the short answer is medium-tones like beige, taupe, and soft grey. These shades don't contrast sharply with dust, footprints, or pet hair, which makes floors look cleaner for longer in busy homes.

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