Are Hardwood Floors A Good Investment

Often the sticker price of a flooring option becomes the deciding factor.

Are hardwood floors a good investment. This is seriously worth considering as it costs far less to refinish and the result is the same a floor with a brand new look to it. Flooring in my opinion is always a low cost expense yet you get a higher return on your investment said leighann russell a real estate agent in the atlanta area who s got 329 transactions under her belt to date. Photo by mary cook pros of wood look tile. Made of solid wood planks or strips that can be glued together in butcher block format nailed down or left floating.

But is hardwood a good investment for your rental property. Hardwood floors give you a good return on investment. Going back to hardwood floors. Whether you are deciding on the flooring in your new home or replacing existing flooring you know that there is a vast array of options available to you.

Many people think that by replacing their carpet or putting in new flooring they can get a good return on their investment but that is not always the case it depends on what you replace. There is no denying the appeal of hardwood flooring in today s market. Hardwood floors are a natural durable and beautiful product. According to real estate experts the average roi for installing hardwood floors is about 70 to 80 and wood floors can boost the sales price of your home as much as 2 5.

Reasons to install. Three reasons a hardwood floor is a good investment. In comparison real hardwood flooring costs an average 5 to 10 per square foot with installation running an additional 4 to 8 per square foot. The return on investment for installing hardwood floors will vary according to your market and other factors but hardwood flooring can often help your home sell faster.

They not only want floors in good condition but materials that match the purpose of each room and look like a million bucks. Besides being an attractive amenity for potential buyers hardwood floors have proven to have a good return on investment for homeowners. There are different levels of flooring available. Getting a good return on investment home repairs worth considering 1.