Most would argue that luxury vinyl plank flooring is a better choice in terms of durability. Vinyl plank flooring is usually both water resistant and scratch resistant. Especially the high quality options.
Luxury Vinyl Plank
It is relatively easy to manufacture, simple to repair, and it's very durable. However, unlike hardwood, it won't last forever, even if it's properly taken care of. But there are plenty of advantages. For one, LVP is waterproof!
Vinyl flooring is waterproof, so it's usable in any area of the home, including bathrooms and low-grade basements where water or moisture is a concern. Yet, hardwood floors can be damaged, warped, or even grow mold when exposed to water or moisture because they soak up liquids easily.
Con: LVP May Dent
Luxury vinyl flooring can dent and even scratch or scuff, especially from heavy appliances, furniture, or other weighty objects.
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.
Most would argue that luxury vinyl plank flooring is a better choice in terms of durability. Vinyl plank flooring is usually both water resistant and scratch resistant. Especially the high quality options.
While luxury vinyl flooring has come a long way from its creation and has increased in durability and visual appeal, unfortunately vinyl may decrease your resale value in the long run. It's important to recognize that while you may spend less on vinyl vs.
Maintenance and Longevity
In general, you can rely on vinyl flooring to last anywhere between 10 and 25 years. A lot of it comes down to how well you look after the flooring, but there are some other factors.
The answer may surprise you - not only does LVP often help homes sell faster, but it can also lead to a higher sale price. Here's a closer look at why LVP is such a popular choice among home sellers and buyers.
The durability and thickness of the flooring greatly affects how long LVP flooring will last. If installed correctly and maintained appropriately, the flooring can last from 10-20 years depending on location and the thickness installed.
If you have a tighter budget and want the look of hardwood without the price, go with vinyl. If you want resale value down the road, go with hardwood. If you want to attract a higher-end buyer, go with hardwood. If you want to be able to refinish it in 10-20 years, go with hardwood.
You can tell you're walking on a hard, rigid surface. Even though LVP approximates hardwood floors, some with absolute depth, the planks are still vinyl. You can feel the difference when you touch the floor's surface. You can also tell when you walk on the LVP flooring.
If you would like to increase the value of your home, hardwood floors will be require a large initial investment but can pay off greatly in the long run. However, if you simply need new, affordable flooring and you aren't looking to make a huge investment, vinyl floors may be the way to go.
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.
Vinyl plank flooring can run between $1 and $4 per square foot whereas engineered hardwood is about $8 per square foot. Installation for the engineered hardwood can run up to $10 a square foot while vinyl plank flooring can be easily installed by the homeowner.
Why Is LVP So Popular? LVP is a very versatile flooring option available in endless designs at a very affordable price. It significantly impacts any living space with a high-end look that can suit any design scheme, from upscale and sophisticated to casual and rustic.
Luxury vinyl plank (LVP) flooring costs $2 to $5 per square foot on average for the materials and $4 to $13 per square foot with labor.
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.
“Tile is the highest-rated flooring among the categories we test,” says Enrique de Paz, who leads flooring testing at Consumer Reports. “It doesn't wear out, scratch, or stain. Its color doesn't fade, it's waterproof, and it is surprisingly slip-resistant, even when wet.
Hardwood flooring can last a lifetime, but the glossy shine of original wood flooring will fade over the course of its life. You'll notice fading after about 25 years. Hardwood floors, if installed properly, can last 100 years.
Vinyl plank flooring is an excellent choice for all kinds of durability, including superb scratch resistance.
These floors can resist scratches, scuffs, stains, and even a certain amount of gouging in their durability. However, extreme heat can damage the luxury vinyl plank. Some of the culprits through which heat damage can occur include hot pans, curling irons, dropped cigarettes, and more.
Never use an abrasive scrubbing tool on your floor. This can cause scratches and harm your flooring. Never use a beater bar when vacuuming. This can cause damage to the floor surface.
So the short answer to “does new flooring increase home value?” is yes—if you're smart about your selections. The right upgrades also make your house move faster on the market. Follow these 5 pro tips to get the most out of this wise home investment.