Adding new flooring to your home is a great way to increase the value of your property. Generally speaking, you can expect that the perceived value of a house will be increased what you spend on new flooring. Laying laminate, tiling an outdoor living area, and re-tiling a bathroom are all easy ways to add new flooring and make your house more valuable.
It’s important to consider the cost and potential Return on Investment (ROI) when selecting your flooring. For example, new tile in a bathroom will increase the value of your house more than new laminate however the cost may be more. Consider carefully what you want to accomplish and how much money you are willing to spend before making any decisions. Also consider the cost of installation and if you have the skills necessary to do it yourself.
What will give me the best ROI? Which will increase your home’s value the most? These tips should help you make a decision.
Solid Hardwood Flooring
Solid hardwood flooring is a great choice for new construction or major renovations. It’s also one of the most expensive choices but will increase your home value more than any other type. It may be worth the investment in high-end luxury homes however it may not be a wise choice for lower socioeconomic areas.
If your home already has floor boards under the carpet it might be worth ripping up the carpet and having the boards sanded and polished.
Laminate or Floating Flooring
If you’re doing it yourself, laying new laminate or floating timber floors in a room will instantly change the look and feel of it to buyers. It’s important, however, not to use too much glue so that you don’t create an undesirable odor.
When choosing new flooring for your house or room, consider texture as well and the overall style of the property. This will give your space more of a clean feel and make it easier for people in wheelchairs or those with pets.
Floor tiles are a popular and affordable choice for new flooring because they are easy to install, and can create the feeling of newness in a room. It’s also possible to use them as an accent wall or borders around rooms. They are often the best option for wet areas such as bathrooms and kitchens. The downside is they can easily chip and are difficult to replace or repair. It is said that kitchens and bathrooms sell houses so the flooring you choose in these areas is most important.
Tiling outdoor areas is another way to increase your home’s worth. Outdoor areas are often the source of entertainment for many homes. They are a place where friends and family gather or just a spot for some relaxation time. When potential buyer can imagine their lifestyle in your property, they will be more interested in buying it.
Carpets are another popular option for new flooring, and can be more affordable than tiling or wood floors depending on the size of your home or room. They’re also perfect if you’re looking to warm up a home and make it feel cozy.
New carpets come in a variety of colors, textures and styles to offer you the perfect look for your home or room that will suit any style. The downside is they need to be professionally cleaned every few years which can become expensive over time.
It may be wise to visit other properties in your area that are for sale and look at what flooring they used.
While new flooring can make a dramatic difference in the appearance of your home, it is not the only option for making a statement. The options are endless however the flooring is a key ingredient to your successful sale.
To help you make a decision about which flooring to choose for your home, we’ve included some pros and cons of each type. We hope that this information will be helpful in making the best choice for you.