Homeowners often try different techniques to enhance their house value to get a better selling price. But it’s not straightforward to invest in a project that would yield the best ROI. However, flooring is one such element that guarantees a fruitful return if you do it right.
Buyers pay attention to the flooring as it is one of the essential parts of a home. So, having proper flooring can give you a distinctive advantage in a competitive market. For instance, luxury vinyl flooring in your home or driveway will hold a definite advantage over simple concrete flooring.
So, how can you enhance your home value with different flooring types? Do all kinds of flooring enhance your home value? Should you use concrete or luxury vinyl tile in a specific room? Find out all the answers in this post.
There are several types of flooring options. Unfortunately, not all of them yield a profitable return. So, if you are looking for a good value for money and a better ROI, focus on the following flooring types.
Hardwood flooring, perhaps the most luxurious type, can boost your home value and take it to the top of the list. Regardless of the weather and other conditions, most buyers prefer wooden flooring and are ready to pay an additional price for it.
But remember, hardwood flooring isn’t a cost-friendly option. It can cost at least $6 or more per square foot, so you need to be selective about where to upgrade with this type of flooring in your house.
LVT flooring is one of the most cost-friendly options. It’s durable and gives you several options as a homeowner. Moreover, vinyl floors are easy to clean, so it’s a convenient option for hard floors.
The best advantage of luxury vinyl tile flooring is versatility. These tiles can be of any shape and size. In addition, you can customize the patterns with hardwood and other luxurious floor styles.
An average cost of vinyl flooring is around $1 to $10 per square foot, much cheaper than some of the other standard options.
Laminate flooring is another cost-friendly option. These floors can last up to 30 years, making them highly durable. You can create different lamination styles and enjoy the long-lasting performance and a decent ROI on your investment.
Laminated flooring can cost $1 to $6 per square foot and is relatively easy to install.
Tile flooring offers a luxurious finish at a highly affordable price. Typically, some tiles are resistant to shocks, making them ideal for heavy traffic applications.
Likewise, backsplash tiles are an excellent option for water-infested areas like bathrooms and kitchens. They are durable and intriguing at the same time.
Optimization is critical when you invest in home flooring. Not only do you want something that looks good, but it must be cost-friendly too. Otherwise, you may not get the best return for your efforts. So, here are a few things to consider that should help optimize better.
The floor type is directly linked with the climate you live in. So, with an optimized floor type, it can be easier to complement the weather. Here are a couple of considerations:
- Ceramic or concrete tiles tend to become too cold, so they aren’t the best option for cold climates. Hardwood flooring becomes a better option in such regions.
- Likewise, hardwood flooring doesn’t sustain well in hot and humid areas, so concrete tiles can be a good option.
- Luxury vinyl tile flooring and synthetic tiles are weather-neutral. They are more affordable too. Therefore, artificial and LVT flooring can be an appealing option for any climate.
The room type is another critical factor. For instance, you can expect more liquid spills in a kitchen than in a living room. Likewise, a standard room or walkway can have more traffic than a bedroom or bathroom. Therefore, keep the following considerations in check for better floor optimization.
- Backsplash tiles are ideal for the kitchen and bathrooms because they prevent water leakages. Ceramic, porcelain, stone, and glass tiles are popular options for kitchen backsplash tiles.
- Install more durable floors in rooms that get more traffic.
- If you have a durable and hard floor, you can use LVT flooring to enhance how your floor looks.
- Synthetic floors and carpets work well in bedrooms but you will need harder floors for walkways and living areas.
Remember that you’re investing for a better return. Therefore, be consistent in your home flooring. Use the same flooring scheme throughout the house, except for the bedroom, kitchen, and bathrooms. Trying too many fancy options in a limited space may not create a visually appealing look for the buyers.
Different floor types give a patchy feel. Also, it can be a little tricky for those with trouble walking. Therefore, having smooth and consistent home flooring will always attract your buyers.
From an investment point of view, you must shortlist the areas that need a flooring upgrade. Not all room floorings add value to your home, so you need to strategically select places that matter. Then, depending on your home design, upgrade the directly visible flooring to the buyers.
Generally, driveways, living areas, entryways, kitchens, and dining areas are the places to invest in flooring. If you have the right flooring in these areas, you can expect a better return on your investment.
Having known the essentials about home flooring and how it adds to home value, here are a few quick tips to consider:
- Carpets are a good option for bedrooms and stairs. However, go for hard floors in other places of your house.
- You can create any customized look with luxury vinyl flooring at a lower price.
- Consider variations but to a limited degree. Too much variation doesn’t look appealing.
- Always put durability ahead of looks.
Having the right flooring can give you a clear advantage over your competitors and enhance the price of your house to a great degree. However, optimize your flooring projects and upgrade smartly to save cost and earn a better value for your home.