Is Hardwood Flooring A Good Investment

By the way if you currently have old hardwood flooring refinishing it instead of replacing it can significantly boost your return on investment.

Is hardwood flooring a good investment.

They can also add an earthy tone to a rental making it more attractive to tenants. Reasons to install. Hardwood floors are a natural durable and beautiful product. The most durable hardwood flooring is bamboo.

Most durable hardwood flooring. Best hardwood floor for radiant heat. Photo by mary cook pros of wood look tile. You will get the highest return on investment from painting.

They not only want floors in good condition but materials that match the purpose of each room and look like a million bucks. According to real estate experts the average roi for installing hardwood floors is about 70 to 80 and wood floors can boost the sales price of your home as much as 2 5. The best value wood flooring is oak. Flooring in my opinion is always a low cost expense yet you get a higher return on your investment said leighann russell a real estate agent in the atlanta area who s got 329 transactions under her belt to date.

Whether you are deciding on the flooring in your new home or replacing existing flooring you know that there is a vast array of options available to you. Often the sticker price of a flooring option becomes the deciding factor. It s a widely available durable material which keeps prices down. Going back to hardwood floors.

This is seriously worth considering as it costs far less to refinish and the result is the same a floor with a brand new look to it. Made of solid wood planks or strips that can be glued together in butcher block format nailed down or left floating. Three reasons a hardwood floor is a good investment. In comparison real hardwood flooring costs an average 5 to 10 per square foot with installation running an additional 4 to 8 per square foot.

There is no denying the appeal of hardwood flooring in today s market. The manufacturing process makes it harder than most common species. Best value wood flooring. The return on investment for installing hardwood floors will vary according to your market and other factors but hardwood flooring can often help your home sell faster.

Hardwood floors give you a good return on investment. Besides being an attractive amenity for potential buyers hardwood floors have proven to have a good return on investment for homeowners.