How Do Hardwood Floors Increase Property Value?

 Flooring is an essential component of your home’s aesthetic. Whether it’s a tiled floor or a hardwood one, poorly maintained and installed flooring will adversely impact your house’s appeal.



While hardwood floors are considered to be a good investment, there are other reasons to get them.

Go through this list we’ve put together and decide whether you should get them installed in your home:

The Surprise Well-Being Benefits

Research conducted by the National Association of Realtors (NAR) concluded that homeowners who have hardwood installed in their homes tend to enjoy being at home more. The research showed that 68% of homeowners felt an increase in joy after installing hardwood floors, and 80% of these homeowners had a greater desire to be at home.

So, even if you aren’t looking to sell your house, hardwood flooring is a great investment. It increases your satisfaction as a homeowner and adds a personal touch to your property.

Easier to Sell the House

Hardwood flooring gives your house a grander look. It’s a surefire way to increase your home’s value before deciding to put it on the market. According to the National Wood Flooring Association (NWFA), 99% of realtors believe that houses with hardwood flooring are easier to sell.

Houses with hardwood flooring have contemporary yet rustic looks; suitable for a variety of buyers. It is also much easier to diversify your furniture in a room with hardwood flooring than in one with a colored-tiled room, thus making it attractive for prospective buyers.

Sell the House at a Higher Price

Because of the lengthy installation procedure and the costs they incur, people prefer to buy houses that already have wooden floors. It doesn’t have to be the most expensive type of wood, but it should be well kept. Otherwise, it could end up affecting your asking price.

NWFA research shows that 90% of realtors believe that houses with wooden flooring can sell for a higher price. However, you must keep in mind the ROI. While there isn't much empirical data available on ROI percentages that can be cultivated through hardwood installations, it is common knowledge that the rates are generally very positive.



Durable for Years

Apart from the increase in resale value, hardwood flooring is also extremely durable. Cleaning it is pretty straightforward, which also makes maintaining wooden floors easy. It's built to last a long time without incurring too many expenses and refinishing the wood after decades can restore the grand, luxurious look completely.

 

If you’re looking for an experienced hardwood flooring company, ABC Floor Sanding and Refinishing can help you install hardwood flooring or restore your flooring to look anew. View their portfolio on the website to see the variety of services they have to offer!

 

Comments

Post a Comment

Popular posts from this blog

How to Make Your Old Floor Look New!

Image
Your hardwood floor looks dreary, worn out, and old, but the thought of rejuvenating it is just too tiring and daunting in itself. If you find yourself in this situation, don't fret! Fortunately, there several easy and simple ways to make damaged and dull floors look new and fresh. You won't even have to think about the high cost of repairs and floor replacements. Ahead, we’ve listed down some hardwood floor problems that you may face and how to deal with them. The Color of Your Floor Is Fine, but the Finish Looks Scratched and Weary The best solution to this problem is screening and recoating. Screening, more commonly known as buffing, is an easy and affordable way of giving back the shine to your old floors. Screening involves gently scraping off the top finish of polyurethane and then recoating a layer of finish. This method works when the finish has deteriorated, but the wood is still thick and intact. This method usually takes only one day to revive a 700 squa
Read more

Refinishing vs. Replacement: What Your Hardwood Flooring Needs

Image
One of the many reasons for choosing hardwood flooring is the elegant and classic look it gives to your home. One of the major benefits of hardwood flooring is its ability to restore, refinish, and last decades. However, just like any other part of your home, your hardwood floor  may face some wear and tear. Depending on what kinds of issues your flooring has, you’ll need to choose between refinishing and replacement. Here’s how to assess and make that decision. The Level of Damage First, you need to assess the kind of damage you’re looking at. Improper cleaning and lack of maintenance can make your hardwood floor look worn out. But in reality, it's just dirt that makes it look that way. It’s better to deep clean your flooring to see if this can make a difference. If it remains the same, and you can see scratches, scuffs, visible foot traffic patterns, discoloration, and dents—you may have get it refinished. However, major gouges, water damage, splitting, large dents, buckling, or
Read more