Why Hardwood Flooring Adds Value to Your Home – A Real Estate Perspective
Hardwood floors are considered to be one of the best types of home improvements for boosting resale value. They are durable and stylish and can fit a variety of different tastes.
However, it’s important to remember that other renovations, such as updating kitchens and bathrooms, are essential for increasing resale value.
It’s Durable
Hardwood floors are a good return on investment and can easily boost your home’s resale value. According to NWFA, homes with hardwood floors sell faster and for more money than those with carpets.
The fact that hardwood flooring can withstand the test of time is a huge selling point for many prospective buyers. Carpets can easily become dirty and dingy over time, which deter some people from buying the home.
Hardwood floors also complement most design styles, from traditional to contemporary. This versatility allows homeowners to choose a style that best fits their taste and lifestyle. You can even opt for engineered wood, which features layers of plywood and authentic hardwood bonded together. This construction makes the material more durable and able to withstand high humidity levels.
It’s Eco-Friendly
Wood floors add a sense of warmth and elegance to a room. They also provide a healthy environment for your home by eliminating allergens like dust mites. And, unlike carpets, hardwood can be wiped up during a spill.
While hardwood is an environmentally friendly choice, knowing where it is sourced is important. Look for floors with the FSC (Forest Stewardship Council) stamp, indicating that the wood is sourced from forests managed using responsible environmental practices.
In addition, look for flooring made with recycled content or uses adhesives and finishes with minimal VOCs. VOCs are harmful chemicals that can negatively impact indoor air quality and negatively affect health.
It’s Versatile
Many homebuyers prefer hardwood flooring, making it desirable in the real estate market. It can also increase a home’s value since carpet can hold dirt and allergens from previous homeowners.
Hardwood is versatile, blending well with a variety of decor styles. Warm honey-toned wood, for example, is ideal for creating a cozy atmosphere compatible with rustic or homey aesthetics. Meanwhile, wide planks are more compatible with contemporary design themes and can make a room feel larger.
Hardwood floors are also easy to maintain. All they need is regular sweeping and occasional damp mopping to stay looking good. This makes them a low-maintenance option that’s great for busy households. This, in turn, reduces cleaning costs and prevents dust buildup. This keeps them looking great for longer, increasing their resale value even more.
It’s Comfortable
A well-maintained hardwood floor can last for decades. You can keep your wood floors in prime condition with regular sweeping, dusting, and occasional mopping or vacuuming. If scuff marks, scratches, or water stains develop, these can be easily refinished to restore their appearance.
Hardwood floors are a timeless classic, favored by many new home buyers. They provide a sense of elegance and tradition that can’t be replicated with other materials, particularly carpeting.
According to a National Wood Flooring Association survey, 99% of real estate agents say homes with hardwood sell faster and for more money than those without. Work with your local real estate professional to determine if adding hardwood will increase the value of your home in your area.
It’s Affordable
Solid or engineered hardwood is an excellent choice if you’re looking for a durable floor that adds value to your home. They are easy to clean and resist moisture damage, a common problem with other flooring types.
Hardwood floors are also a great choice for homes with pets and children. These floors can withstand years of wear and tear with regular sweeping, professional installation, and proper maintenance.
Moreover, these floors can enhance your interior and exterior design with natural beauty. They can help your home look more spacious and make it stand out in the neighborhood. Furthermore, wood floors can reduce the amount of allergens in your home. This is good news for allergy and asthma sufferers. This will reduce the time they spend sneezing and sniffling.