Flooring: What kind increases home value?

Flooring is a crucial aspect of a home’s aesthetic and can easily influence a buyer’s perception of the property. Great flooring can enhance a home’s appeal, while outdated or damaged flooring can make it less attractive to potential buyers. That’s why it’s important to ensure that the flooring is in top condition when putting a house up for sale. Here are some tips to help you get started:

When considering flooring options, it’s important to choose a style, color, and material that will complement the overall design of the home. If the current flooring is in poor condition, replacing it can significantly enhance the look of the property and make it more attractive to buyers. Durable and attractive options like hardwood or tile flooring are popular choices, while laminate flooring offers a cost-effective alternative that still looks great.

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Laminate and vinyl flooring can increase the perceived value of a home, depending on the specific style and condition of the material. According to a survey by the National Association of Realtors, nearly half of all buyers are willing to pay more for a home with hardwood floors. Luxury homebuyers are even more willing to pay extra, with 65% willing to do so.

If the existing carpet is still in good condition, it may not be necessary to replace it. However, outdated or worn-out carpet should be replaced to increase the value of the house and make it more appealing to buyers. Studies have shown that installing new carpet can add up to 2.5% to the value of a home and reduce the time it takes to sell it by up to 7 days. When deciding whether to replace your carpet, consider the age of your house and the type of carpet you have.

Proper installation is essential to ensure that the flooring lasts for years. Hiring a professional to do the job will ensure that the flooring is installed correctly and to the highest standard.

Hardwood or tile flooring are popular choices, as they are both durable and attractive. Other options include laminate flooring, which is a cost-effective alternative that can also look great. According to a survey from the National Association of Realtors, nearly half of all buyers are willing to pay more for a home with hardwood floors. This figure jumps to 65% for luxury homebuyers.

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Finally, a good cleaning regime is crucial to ensure that the flooring looks its best. Regular vacuuming, sweeping, and mopping can help to keep the floors in top condition, preventing dust and dirt from accumulating and causing damage.

Flooring is a crucial element of any home, and ensuring that it’s in excellent condition before listing the property for sale can increase its appeal to buyers and lead to a better sale price. By presenting your property in the best possible light, you’ll give it the greatest chance of a successful sale. For more inspiration on how to prepare your property for sale, check out our Get Inspired blogs page.

References: 

National Association of Realtors, “2018 Profile of Home Buyers and Sellers: Buyers’ Preference of Hardwood Floors,”. 

The Spruce, “The Pros and Cons of Laminate Flooring,” 

https://www.flooringamerica.com/blog/carpet-can-add-value-to-your-home/ https://www.hgtv.com/design/decorating/clean-and-organize/how-carpet-can-add-value-to-your-home

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