You may have already guessed it, but the floor with the highest resale value is hardwood. Since hardwood is always in demand, it is an easy choice to up level 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.
If you have carpets or laminate flooring that need to be replaced, then installing hardwood floors could increase your home's value. However, if you have tile or vinyl flooring in good condition, you may not see much improvement in value by investing in expensive hardwood floors.
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.
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.
“Buyers like carpet in bedrooms, especially in basement bedrooms, for comfort and warmth.” Carpet is also much quieter to walk on than other types of flooring and can help absorb noise. It can mask sounds, such as footsteps and squeaky floors, Fisher adds.
If the laminate replaces old, worn carpet or sheet vinyl, you could see a value boost. But if the home already has old hardwood, you should refinish the natural wood rather than replace it with lower-quality laminate.
The need for replacement
A wood floor can last the lifetime of the house, although you may have to refinish it. Carpet will need to be replaced once it becomes too stained or worn out. Quality carpet can last 10 to 15 years if properly cleaned and maintained.
If you've been considering upgrading your flooring before putting your house on the market, you may be wondering if luxury vinyl plank flooring (LVP) is worth the investment. The answer may surprise you - not only does LVP often help homes sell faster, but it can also lead to a higher sale price.
LVP flooring is waterproof, less expensive, and faster and easier to install than wood or tile. Even the high-end residential market discovered LVP floors last year. It works in wet areas such as bathrooms and laundry rooms as well as living rooms, kitchens, dining rooms, and anywhere in the house except for stairs.
Well-maintained, high-quality carpet can add value to your home. Here's how to get your carpeting to stand out, according to experts. When you're looking to sell your home, certain home improvements can potentially increase its resale value—a fresh coat of paint, kitchen and bathroom updates, and the floors, too.
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.
Living on a higher floor has its advantages. You get better views of your locality, better light and ventilation, and there is lower impact of street-level disturbances compared to those on the ground and lower floors. Higher floors are also usually free from the menace of mosquitoes and rodents (mainly rats).
If you're doing a whole house renovation, you may be looking at replacing carpet with hardwood floors. It's a smart idea; hardwood flooring is preferred by home buyers and renters across the United States so it could improve the resale value of your home when it comes time to sell..
Cannot be refinished: Due to its composite construction and wear layer, a laminate floor can never be refinished. Once it has been damaged or worn out, laminate flooring must be replaced.
While costs are similar, the value of premium vinyl far exceeds that of laminate based on quality and value. Unlike laminate, premium vinyl is durable and stable, resistant to moisture and climate, and is easy to install and maintain. Laminate is restricted to light traffic and low moisture applications.
Light-colored neutrals generally work best, as they help the space to feel larger. However, many homebuyers will be put off by white carpet, as they will worry about how they will keep it clean.
Go Neutral
Choose between cream, tan, beige, or caramel so it's neutral. Although it's tempting, avoid white as potential buyers may worry about keeping the carpet clean. Light-colored carpet makes rooms look bigger which is a major plus.
Hardwood floors were the norm in most homes before WWII. The design of the home didn't matter—Victorian, Colonial, Cape Cod, Tudor, Craftsman, and even early Ranches—they all featured wood floors throughout. Then starting in the 1950s, homeowners started to favor wall-to-wall carpet instead.
#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.
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.
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.