Does vinyl plank flooring devalue a home?

Author: Domenica Quitzon  |  Last update: Monday, June 20, 2022

You should also keep in mind that vinyl plank and tile flooring might not increase the value of your home as much as laminate flooring. However, vinyl flooring can still make all the difference in how long your floors will last, which could be vital as we head into a more competitive real estate market.

Does luxury vinyl plank flooring add value to your home?

When it comes down to finding the best flooring to increase home value, it all boils down to your market. Hardwood will likely give you the highest return, but laminate and luxury vinyl plank flooring also offer plenty of perks to buyers.

Does vinyl flooring decrease home value?

Even though it's not true hardwood, buyers will still appreciate the aesthetics and feel of these durable floors. This is what buyers really care about at the end of the day. So yes, installing new vinyl flooring in your home will raise your property value.

What are the disadvantages of vinyl plank flooring?

Some disadvantages of vinyl flooring include:
  • Cannot be repaired.
  • Can emit volatile organic compounds (VOCs)
  • Shorter lifespan than wood floors.
  • No impact, or negative impact, on home resale value.
  • Difficult to remove, especially if adhesive is used during installation.
  • Not eco-friendly; difficult to recycle.

Is luxury vinyl plank flooring a good investment?

True value is achieved when the product lives up to your expectations and needs relative to the cost. That's what makes luxury vinyl tile (LVT) such a great investment — it delivers what most homeowners value in upscale flooring, at a budget-friendly price.

Vinyl Plank Flooring - Review After One Year in Our Home!

What type of flooring adds the most value to a home?

Hard surface flooring will give you the best return on investment, or ROI. Hardwood will be your best bet with the highest ROI since it's the long-standing preferred flooring choice. If you currently have hardwood floors, consider refinishing them if they need a little pick me up.

How much does it cost to install 1000 square feet of vinyl floors?

On average, it costs between $1,000 and $12,000 to install vinyl flooring in a 1,000-square-foot space. This price is for materials only, and it does not include labor.

Is vinyl plank better than laminate?

Vinyl has a longer lifespan and better overall durability than laminate. Don't forget to factor in your budget, however. Vinyl flooring may be more expensive than laminate flooring, especially if you choose luxury vinyl flooring.

What is the lifespan of vinyl plank flooring?

Vinyl floors can last anywhere from 5 to 25 years, depending on their quality and how they're installed and maintained.

What is the lifespan of luxury vinyl plank flooring?

Vinyl flooring is highly durable. If installed and maintained correctly, it can last upwards of 10-20 years. That said, vinyl is a great choice for the rooms in your house that get the most foot traffic. Additionally, most vinyl flooring has a wear layer on its surface that resists scratches and stains.

Is vinyl flooring outdated?

Though it's gotten a bad rap in past years, vinyl flooring is making a comeback. Although relative ease of installation has long been one of the material's selling points, it's now the range of design options that is putting vinyl once again underfoot.

Does laminate flooring devalue a home?

In high-traffic areas it can show wear and tear, and laminate can't be sanded or refinished for an updated appearance. Because of its lower price point, laminate also won't do much for your home's resale value.

Should flooring be the same throughout the house?

There is absolutely no need to change flooring from room to room. We often work with homeowners who feel the urge to pick a different flooring for every room of their home, but there is absolutely no need to do this. Your home will look best if you create one consistent look that travels from room to room.

Is vinyl flooring used in high end homes?

Your home's price point

“In our area, vinyl or laminate flooring is fine for homes at the median value or below. In higher value homes, buyers expect to see hardwood, stone tile, or luxury vinyl plank.” The flooring you choose needs to be on par with the value of your home.

How much value does new flooring add to home?

New flooring can increase the value of a home by nearly 10 to 54 percent. Potential homebuyers say that they will put in a higher offer if a home has new flooring. Potential buyers also said they would reconsider putting in an offer if the flooring is outdated, dirty, or worn.

What adds value to a home?

6 Ways to Increase the Value of Your Home
  • Update your home's finishes. ...
  • Upgrade to energy-efficient features and appliances. ...
  • Freshen up your curb appeal. ...
  • Put your money into your kitchen and bathroom. ...
  • Finish off your basement or other unfinished spaces. ...
  • Clean and declutter before showing your home.

Can you put a refrigerator on vinyl plank flooring?

A single vinyl plank can hold up to 500 pounds. Since most furniture will not go under just one plank, it is perfectly safe for bulky furniture and refrigerators to go on vinyl plank flooring. Vinyl plank flooring will not be damaged or cracked by home appliances' weight due to its strong durability.

Can you use a Swiffer on vinyl plank flooring?

Safe on LVP (Luxury Vinyl Plank Flooring)?

Swiffers are safe on luxury vinyl planks, yes. This includes the Swiffer wetjet, which is perfect for removing stains and grease from luxury vinyl plank flooring. If you need to test out any Swiffer product, it has to be on vinyl plank floors.

Does vinyl floors scratch easily?

If you have pets and kids causing a ruckus in the house, vinyl does not scratch easily, chip or suffer any kind of major damage that is going to make it look bad. Cleaning and maintenance of vinyl plank flooring is easy. Sweeping or vacuuming is all that's needed for daily maintenance.

Is Pergo better than vinyl?

Both flooring types are compatible with underfloor heating, although vinyl is slightly more efficient. Vinyl floors have the lowest thermal resistance of all Pergo flooring solutions and act as excellent thermal conductors.

Can you vacuum luxury vinyl plank flooring?

Vacuum. Vacuuming your luxury vinyl plank flooring at least once a week will truly make a difference to the maintenance of your flooring. You can either vacuum the flooring yourself or, if you want to take the easy way out while still having clean luxury vinyl plank flooring, you can buy a roomba automatic vacuum!

What are the pros and cons of vinyl plank flooring?

So, here's a look at the pros and cons of luxury vinyl plank flooring.
  • Pro: Very Affordable. ...
  • Pro: Easy Installation. ...
  • Pro: Beautiful Design. ...
  • Pro: Very Durable. ...
  • Pro: Easy Maintenance and Repair. ...
  • Con: Inconsistent Quality. ...
  • Con: Hard to Remove. ...
  • Con: Might Not Do Well in the Sunlight.

How much does it cost to install 1500 square feet of vinyl floors?

For professional installation of luxury vinyl plank flooring, you should expect to pay anywhere between $1 and $5 per square foot.

Can you install vinyl plank over concrete?

Yes, and that's one of the questions we hear most often is about luxury vinyl plank (LVP). Most homes in Florida don't have basements so, rather than an actual concrete subfloor, the concrete is a slab-on-grade, meaning no basement floors and no walls.

Is carpet or vinyl flooring cheaper?

If you consider installation and upkeep costs, carpet is more expensive than vinyl. Our prices range from $30 to $100 per square metre at Carpet One. High-quality brands tend to be more expensive, but there are cheaper options too.

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