How to Navigate This Major Housing Decision, How to Sell Your Eccentric Charmer of a House Fast in New Orleans, up to 10% more than an identical home without wood floors, 54% of buyers were willing to pay more for homes decked out in hardwood, new wood flooring ranked as the #4 most popular project to attract potential buyers, now holds 22% of the total flooring market in volume and increased more than 185% since 2010. You’ll love what today’s luxury vinyl can do for any room in your house. Ask a top real estate agent in the area about which renovations are worth taking on for resale. Check Out Our Other Great Articles: How to Choose the Best Flooring For Pets; The Luxury Vinyl Flooring Buying Guide Buyers are okay with carpet when it’s clean” explains Petrocco. Its durability and water resistance makes it a great material to increase value in rental properties, kitchens, bathrooms, and laundry rooms, but we don’t always choose luxury vinyl for our properties. The previous owner made a mistake by mixing flooring types and flooring colors, that is a big hit to market value IME. “The number one thing a seller can do to kill the resale value of their home is to put multiple types of flooring in a house,” says Petrocco, a prominent member of Cave’s real estate team. Consistency throughout the house is what really matters. For more guidance, please check out our Vinyl Flooring Buying Guide and our 2018 Flooring Trends post. If not, engineered hardwood is another great option, due in part to its added durability. A combination of quick fixes and conditioning might be all it takes to get antique floors looking like they just came from the sawmill. Laminate and Luxury Vinyl: Even though these two styles don’t add monetary value for resale they do provide beautiful installations. Only beautiful new floors. Featuring moisture-resistance and incredible durability, vinyl plank flooring is a great flooring option for basements. The floors in your home take a daily beating; between children, pets, spills, stains, furniture, etc. When looking to install a carpet, try products from Rival by Resista which are designed with waterproof backings that protect the cushion and subfloors from undetected spills. I agree with Sharon. Hard surfaces are better than carpeting. Vinyl is only appropriate for under 40th percentile homes. Luxury Vinyl Plank (LVP) is an affordable waterproof floor that looks like hardwood. According to a 2017 Annual Report from Floor Daily, roughly every category of flooring ceded percentages of buyers to luxury vinyl. For hardwood flooring, look at products from the Aquadura H20 line which features a sealed hardwood veneer that protects against water, kids and pet messes. Ask yourself these questions to determine if your carpets are in good shape, and be honest. Rather than making that kind of investment right away, work with a real estate agent to see what can be done to treat the floors first. “Two different hardwoods touching?” says Cave, “That’s the worst.”. With this in mind, the most important floors to replace are those that are damaged and show wear and tear. Vinyl-backed, the least common, it is glued only at the edges. © HomeLight, Inc. 100 1st Street, Suite 2600, San Francisco, CA 94105. If carpet must stay, keep it in the bedroom. Flooring can also take a back seat to larger home improvement projects or costly repairs. Opt for vinyl plank flooring. Proper hardwood floor maintenance may considerably increase a home’s value. Keep it consistent – no matter what it is. They’re about 50% cheaper than hardwood floors and damage less easily. For luxury vinyl, look at products from the Downs H20 line as their flooring is 100% waterproof and will not expand, curl or shrink even if submerged in water. 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luxury vinyl flooring resale value 2018

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