6 Flooring Options That Increase Your Home Value
Through the second half of 2020, some US homeowners were able to increase the value of their homes by 25% through improvements.
As you begin to embark on a home remodeling project, it's essential to understand exactly how much value certain improvements can add to a property.
Adding new flooring is a popular home renovation known to increase resale value. Yet, how do you know which types of flooring are sure to bring the best return on investment?
Keep reading for six home value flooring options that can bump the resale value of your home.
1. Solid Hardwood
If you're interested in serious bang for your buck, consider replacing existing flooring with solid hardwood planks. Not only are they versatile and durable, but most home buyers love them. If cared for properly, hardwood floors can last forever.
Solid hardwood is made of 100% solid lumber that is milled into desired thickness and width. This process produces beautiful and totally unique hardwood floor planks.
The true ROI of solid hardwood is difficult to measure, but most experts claim that homeowners can recover around 106% of their installation expenses by adding hardwood floors.
2. Engineered Hardwood
If solid hardwood flooring isn't in your budget, consider engineered hardwood instead. Engineered hardwood's ROI is similar to that of solid hardwood, so your choice may come down to individual needs and preferences.
Engineered hardwood is made of the same hardwood, yet it's constructed by merging cross-layers of wood veneers. Engineered hardwood flooring produces the same charm and beauty as solid hardwood but is more resistant to humidity.
Engineered hardwood flooring produces the same wow factor as solid wood and comes in various wood species. With so many available options, you can choose planks that work perfectly into your decor, no matter the style of your space.
3. Laminate Flooring
Laminate flooring is a budget-friendly alternative to solid and engineered hardwood.
Sometimes it doesn't make sense to invest in hardwood floors in a high-traffic area, so it's wise to consider laminate flooring instead. They imitate the same timeless look and feel of real wood but cost much less.
Laminate flooring is made from multiple layers of melamine resin and fiberboard material. The top layer features an imprinted image of wood that looks very similar, if not identical, to real wood.
Laminate flooring is a huge draw for homeowners looking for a low-maintenance flooring option. It's also great for houses with pets and kids, as it's resistant to indentation, scratches, and staining.
4. Waterproof Flooring
Busy households are the perfect environment for waterproof flooring. It's the ultimate compilation of practicality and beauty—and an ideal solution for the areas of your home that contain a lot of moisture. They're perfect for kitchens, bathrooms, laundry rooms, and basements.
You can find waterproof floors in various flooring types, brands, price ranges, and styles. You can find waterproof hardwood flooring products that perform like vinyl options. You'll also come across waterproof vinyl flooring styles imprinted with realistic wood images.
If you're in love with other flooring types but like the idea of a floor that can withstand moisture and heavy traffic, consider adding an epoxy coating.
While wood is certainly the most popular option, it may not be ideal for your home or tastes. For example, most homeowners avoid wood flooring in warmer, tropical climates, since it's prone to warping in the humid air.
If this is the case for you, consider sticking with tile flooring, of which you'll have several options to choose from, including porcelain, stone, and marble.
If you've done your research and are considering tile, you're likely drawn to porcelain. It's more durable and denser than ceramic, making it a premium flooring option that can look great for decades—especially when it's properly cared for.
Porcelain is often outside of budgets, however, as it's more expensive than other tile options. It also requires professional installation. For these reasons, most homeowners stick to using porcelain in smaller spaces, such as an upscale bathroom remodel.
When choosing a stone for your remodel, careful not to choose cheap options that will turn off buyers, not to mention lower your ROI.
If you're planning to use stone, choose a higher-end type like granite. It will cost more to purchase and install, but the results and effect on your home's resale value are worth it.
There are few flooring options as sophisticated as marble, however, it has a reputation for being high-maintenance.
It's also prone to staining, so caring for it properly is essential. The amount of work required to maintain marble floors turns off many homeowners and potential buyers.
6. Polished Concrete
Concrete is an extremely durable material, so it's become a popular choice for modern residential and commercial projects. Don't think about the dirty concrete you're used to seeing on sidewalks. Today's concrete flooring options are modern and look excellent in any home or business.
Polished concrete can be customized into an endless array of colors and patterns. They're also low maintenance. To clean them, all you need is a broom or vacuum, a mild cleaning product, and a mop.
Another draw of concrete floors is that many homeowners already have some sort of concrete in their home or garage. To DIY your polished concrete, you'll need a concrete grinder. The result is a stone-line surface that brilliantly gleams without the need for floor wax or oil.
The process of polishing concrete is similar to sanding hardwood floors.
Home Value Flooring Options for Every Homeowner
Now that you're educated on home value flooring, which option will you choose? Your home's resale value is safe with any of the flooring types listed above.
If you're planning on tackling installation on your own, you need a reliable and durable machine to do a flooring job perfectly and quickly. We're happy to provide information and guidance if you're unsure of which tools you'll need.