Are Hardwood Floors A Good Investment

Made of solid wood planks or strips that can be glued together in butcher block format nailed down or left floating.

Are hardwood floors a good investment.

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. There is no denying the appeal of hardwood flooring in today s market. 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. Photo by mary cook pros of wood look tile.

Hardwood floors are a natural durable and beautiful product. 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 can also add an earthy tone to a rental making it more attractive to tenants. Three reasons a hardwood floor is a good investment.

By the way if you currently have old hardwood flooring refinishing it instead of replacing it can significantly boost your return on investment. Often the sticker price of a flooring option becomes the deciding factor. You will get the highest return on investment from painting. Going back to hardwood floors.

Besides being an attractive amenity for potential buyers hardwood floors have proven to have a good return on investment for homeowners. Getting a good return on investment home repairs worth considering 1. 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. 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.

But is hardwood a good investment for your rental property. Hardwood floors give you a good return on 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. 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.