Hardwood Flooring - Good Return on Investment
Do you want to increase the value of your home?
Whether you plan to stay put for the long haul, or pack up and move in a few years, upping the worth of your space is beneficial.
There are several ways to do this. One of the most common remodeling projects that yields the highest results: replacing your old floor coverings with hardwoods.
Installed hardwood flooring makes for a great return on investment (ROI) for your home. You can see anywhere between a 50 and 85 percent ROI, give or take, depending on where you live and the size and price range of your place.
The ROI of Hardwood Flooring: Buyers Like It
Hardwood flooring is popular with buyers. It’s warm, it’s inviting, functional. And it screams quality. It stands the test of time.
Carpets hold on to a lot of dirt and debris. Hardwoods on the other hand, are easy to clean. Buyers don’t have to worry about what grossness the previous residents left behind, or shell out lots of dollars for a professional cleaning service, or to replace the carpeting.
And while there are buyers who desire an older home that can use a little TLC, there are others who prefer a home that’s move-in ready. They’ll pay the price for such ease and comfort.
The ROI of Hardwood Flooring: It’s Fairly Simple to Install
Gone are the days of long and messy installation sessions. While unfinished flooring installed, sanded and sealed on site is an option, another quicker and easier one is pre-finished solid hardwood flooring. Pre-finished flooring is treated with a durable top coat that protects the flooring from extreme wear and tear, increasing the beauty and functionality, while minimizing the necessary maintenance of the woods.
And while it’s nice to have a professional install the flooring for you, it’s possible to do the installation yourself and save some money, increasing your ROI even more.
The ROI of Hardwood Flooring : It’s Fairly Easy on the WalletAs mentioned previously, the upkeep of hardwood flooring is less than it is for carpeting. You don’t have to worry about costs for professional cleaning services or to replace the carpeting.
Installation costs can be reduced as well if you are a do-it-yourselfer, and for certain species and grade types, the costs of hardwoods can be less expensive than other floor coverings, like carpeting or vinyl.
Installing hardwood flooring in your home is one of the best ways to improve the equity of your property. It adds to the appearance of a space, the functionality, and lasts through the ages.