There is no other flooring that can add an organic beauty to your home like hardwood flooring can. For this reason, it is one of the leading choices among flooring choices for many homeowners. If you are getting ready to replace the flooring in your home, you may be wondering what the return of investments (ROI) is when you have hardwood floors installed in your home. Mike’s Custom Flooring is here to talk about hardwood flooring and how it will affect the value of your home.
Is Installation of Hardwood Floors Typical for Neighborhood
There isn’t a lot of data that can show just how much having hardwood flooring installed in your home will affect the value of your home. If you live in an area where hardwood flooring is expected because most of the homes in your neighborhood have them, then you definitely want to have hardwood installed before putting your home on the market so that your home isn’t perceived as being inferior to comps in your neighborhood.
Hardwood Flooring Design Layout
Hardwood flooring will give you the largest ROI when the hardwood falls in line with the overall design of the home. If you put expensive hardwood flooring that has a contemporary design in an outdated house with a traditional design, you aren’t going to see the same ROI you would had you chosen the right flooring for the home.
Hardwood Flooring for Open Floor Plan
There are certain areas of the house that will have a larger impact on the sale of your home. The kitchen and bathrooms are going to be the rooms that are deal breakers and you should focus your attention on them. If you have a large, open concept living area, you may want to have hardwood installed in these areas to get the biggest bang for your buck.
ROI on Hardwood Flooring
When you have hardwood flooring installed in your home, you can count on getting a 70%-80% ROI. Because hardwood flooring can last for so long (some wood flooring can last up to 100 years), it is a great choice and can give you a much bigger ROI over the course of time. You won’t have to constantly replace it like you often do when you choose other types of flooring like carpet. Overall, you can count on seeing about a 2.5% increase in the overall value of your home when you choose hardwood flooring for your home.
Hardwood Floor Installation, Refinishing & More in Charles Town & Eastern Panhandle of Berkeley & Jefferson Counties in WV | Winchester & Frederick County | Round Hill & Loudoun County | Berryville & Clarke County | Herndon & Fairfax County VA
Having hardwood flooring installed in your home is a big investment. When you choose to have this beautiful flooring choice installed, you want to know that the job is done perfectly. At Mike’s Custom Flooring, we provide our customers with a guarantee that their flooring will be beautiful. Our attention to detail make us your leading choice in hardwood flooring installation, refinishing and repairs. Let us help you increase the value of your home with high quality hardwood flooring services today!