But, there is a right way and a wrong way to install it in your home.
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By Rachel Brougham,
Reader's Digest
“Flooring matters tremendously when selling a home,” Stephan Burke, director
of luxury real estate at Cassis Burke Collection with Brown Harris Stevens,
told realtor.com. “It immediately influences if the buyer will like the house
as they walk into every room and hallway, kitchen, and even exterior patio.”
So, can the right flooring actually increase your home’s value? The answer is,
yes.
Wood flooring
When it comes to increasing your home value with new flooring, wood is your
best option. “According to real estate experts, the average ROI (rate on
investment) for installing hardwood floors is about 70 percent to 80 percent,
and wood floors can boost the sales price of your home as much as 2.5 percent”
notes realtor.com.
Wood floors are durable and luxurious, and you have lots of choices—maple,
oak, hickory, walnut, pine—so you’re sure to find wood flooring that looks
great in your home.
Tile flooring
If wood is king, tile is queen and in some cases, increases your home value
just as much as wood flooring.
Tile works well in bathrooms and kitchens, and also in homes located in
tropical climates where wood can warp and grow mold. Alex Biyevetskiy, a home
remodeling expert with Remodeling Image, told realtor.com that you can
increase your ROI with tile flooring if you install it yourself. “If you can
do it and get results that look professional, the return on investment will
exceed 100 percent,” Biyevetskiy says. Watch out for these projects that will
actually hurt your home’s resale value.
If tile is your style, Remodeling magazine notes that current trends
include plenty of “encaustic, geometric and arabesque decorative tiles.”
The bottom line on flooring
When it comes to increasing your home value with new flooring, the bottom line
is to keep it consistent, according to Home Light, a real estate referral
company. Real estate agents told Home Light that buyers may walk away when
they see a home with disparate flooring.
Ryan Cave, a real estate agent in Texas says the worst thing you can do when
it comes to flooring is to have two different types of flooring that meet in a
very visible area. “Two different hardwoods touching?” says Cave, “That’s the
worst,” he told Home Light.
Carefully consider your options before making any flooring changes in an
attempt to increase your home value before selling. If you make the wrong
choice, it could have the opposite effect on your selling price.
See more at
Reader's Digest
