Greige and white oak are two of the most popular choices for hardwood flooring when it comes to house resale. They provide timeless elegance and neutrality, making them ideal for any home.
Dark colored hardwood floors are highly sought after by home buyers because they match modern styles. Lighter hardwood floors don't have that same appeal to many buyers, but buying quality hardwood can help.
No one wants to spend thousands of dollars on new floors only to find out later they could have gotten more value out of their project. Luckily, we did the research for you! Our Top Pick: You may have already guessed it, but the floor with the highest resale value is hardwood.
Hardwood is a High-End Choice
Most real estate experts claim that the average return on investment for hardwood floors is around 70 to 80 percent. In fact, installing wood flooring can increase your sales price by quite a bit if you're in a healthy market.
Green, blue, dark brown, ashy white, and gray add to an airy feel in the home and leave so much to the imagination because of the options in flooring colors. Gray is the most popular when it comes to flooring colors.
Neutral shades such as light brown, gray, and black are timeless classics that will look good for years to come. These hues make a great backdrop for any room in your home, so you can easily accessorize the space without worrying about the color clashing with your floors.
Timeless hardwood floor colors are typically the natural hues that are found in the hardwood species that are most often used for flooring. Walnut, for example, is renowned for its dark, chocolate hues while Cherry is prized for its deep red tones.
Colonial. Colonial-style homes have the highest resale factor when all other elements are equal.
No. 1 Common Grade – Characterized by prominent color variation as well as prominent (but limited in size) character marks such as knots and open checks, as well as variations resulting from drying and machining processes. This grade results in a tasteful floor where prominent variation is to be expected.
Even so, vinyl flooring generally will bring in a lower resale value than laminate flooring. High-quality laminate floor ranks below solid hardwood and engineered wood for resale value. But laminate flooring still commands a higher resale value than most types of vinyl flooring.
Pros: Vinyl flooring is especially good at fending off wear, dents, scratches, discoloration from sunlight, and stains. It's also waterproof, so it's a great alternative to tile in wet rooms such as baths and kitchens, where it provides a forgiving surface underfoot.
Floors with a white finish go with almost everything. A light burlap-like color is a great choice because you still get a light floor, without installing a truly “white” floor. You can use a variety of wood species to create a light floor.
The good thing about light floors is that they go with almost any aesthetic, bring airiness to a space, and match easily with other shades when choosing wall colors and furniture. Dark floors work with a more dramatic style, adding sophistication, coziness and contrast for other bright décor elements to pop.
Location is the single most important factor when it comes to a home's resale value. Purchasing a home in a good location ensures that your home will be a hot commodity when it hits the market in the future. This is also true for real estate located in an up-and-coming neighborhood, where home prices are on the rise.
Long heralded as the heart of a home, kitchens are probably one of the most important features when selling. Updated kitchens, especially if they are outfitted with stainless steel appliances, new countertops, and bright lighting, are a top priority for many home buyers.
Some of these factors are out of your control, such as market conditions, interest rates, and the economy, while others are very much in your control. From unappealing renovations to neglecting maintenance on your home, some projects, or lack thereof, can negatively impact your property value.
Upgrades and updates
The most likely reason is that the home has been upgraded. Homes that have been upgraded with modern features or layouts attract more homebuyers and higher offers. Some remodeling projects that typically boost value and recoup project costs, include: Landscaping.
If you haven't renovated your home in the past 30 years or so, it won't show well when you put it on the market. In other words, it won't get the same price as a similar home that's been maintained and updated.
#4: Light Neutral Colors
Another top flooring trend in 2023? Light and neutral flooring. Modern grey wood flooring continues to be popular, as are light floor colors like blonde and beige. A great way to add these lighter flooring shades to your home or business is to use bamboo flooring.
Hardwood Flooring
It's beautiful, it's durable, and it never goes out of style. Not to mention all of your friends, family, and neighbors aspire to have it, so you'll have your entire network envying your home's flooring design.
Finally, given the tone of light floors, they tend to appear cleaner longer. Light-colored flooring often shows less dust, debris than do dark floors and pesky, inevitable scratches and damage will be less obvious.