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.
It's no surprise— hardwood flooring has long been the top choice for buyers and agents alike, and remains so in today's market.
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.
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 Potential buyers also said they would reconsider putting in an offer if the flooring is outdated, dirty, or worn.
12mm is much more impact resistant than 8mm. Sharp items that accidentally fall on a thicker base will have very little effect on it. That's the reason why people prefer 12mm laminate in high traffic areas.
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.
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.
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.
If the current flooring of the home is in disarray or damaged, replacing it with laminate will increase the home value. However, if the carpet or hardwood is in relatively good condition, it is not advisable to replace the flooring with laminate as this would not significantly improve the asking price.
Vinyl stands up the best against excess moisture and spills, and it can be less expensive than laminate. However, laminate gives a more realistic wood look to enhance the design aesthetic in your home.
YES! Engineered hardwood is the “real deal,” just like solid. There aren't many differences between the ROI of these two products. This product increases a home's value in a few ways: You'll recoup 70% to 80% of your investment as seen in your property values.
Vinyl flooring is probably the easiest to clean out of all the options listed here and also one of the easiest to maintain. Also known as Cushion Floor, vinyl flooring is available at a good price and can take plenty of wear over the years, which is why many will come with a 15 year warrantee.
Vinyl in demand
Choices for resilient vinyl flooring include a spectrum of styles, colors, textures and patterns. Add in vinyl's easy-to-clean characteristics, comfort under foot and family-friendly stain-resistance, and the result is increasing popularity with value-hungry shoppers.
Hardwood floors are one of the best flooring options for homeowners looking to increase the resale value of their home, with hardwood typically yielding around a 75% return on investment.
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.
LVT. They are made of the same polyvinyl chloride material, have similar performance qualities, score equally on durability and life span, are low maintenance and are easy and affordable to install. That said, LVP is the best choice if you are after a hardwood look for your floors.
Costs. Luxury vinyl tile (LVT) and planks cost a lot less than real wood, with glue-down being the most cost-effective materials over floating LVP. Including installation, LVP prices range from $2 to $7 per square foot.
While some people think that they should match the floors throughout their homes for a sense of uniformity and space, it is unnecessary to do this. At Classic Floor Designs, we recommend that you consider mixing different types of wood on the floors throughout your house for a stunning result.
Sometimes I get asked, “What is better Pergo or laminate?” Or, “How is Pergo flooring vs laminate?” The short answer is they are the same. Pergo is a brand of laminate (they also make hardwood but are best known for laminate).
Many home experts agree that the floor color should be darker than the walls. The rule generally applies because lighter walls and a dark floor make the room seem larger. Most homeowners prefer a spacious looking interior. However, the rule can change with low ceilings.
Matching your kitchen floor with the rest of the house can create a nice consistency, but laying a different floor can make the kitchen a unique area with better durability. You have to consider both the floor's color and the material. It is generally best to use flooring that can withstand the kitchen's environment.
Can you mix two different hardwood floors side by side? Yes, you can mix two different wood floors side by side. However, whenever homeowners have two different hardwood floors adjoining each other, they often try to match the colors for continuity in visual aesthetics.