Looking to increase the resale value of your home before you put it on the market? One of the best places to start is with your flooring.
Floors take up a lot of the visual real estate in your home, so it’s one of the first things potential buyers notice. Not only that, but flooring offers one of the highest ROI’s (return of investment) for your home. That means every penny you put into it you’ll get back when your home sells, and then some.
How much it will increase your home’s value depends on the type of flooring you choose to install. Here are some of the best flooring types to consider if you’re looking to increase the resale value of your home:
Hardwood Floors (Solid and Engineered)
The very best flooring for increasing your resale value is wood. Timeless and chic, wood flooring never goes out of style.
Hardwood floors are known to be durable and potential buyers easily fall in love with them for their versatility. With a wide selection of colors ranging from light oaks to reddish maples, it’s easy to find the perfect shade for your home.
Wood flooring is so popular; in fact, it can easily boost your home’s value by 2.5 percent.
Stone Composite Flooring
If you’re not looking to spend as much as you would on hardwood flooring, stone composite is a great alternative.
Made from a mix of plastic, limestone, and resin, stone composite flooring is made to resemble wood flooring, but with a few added perks.
In addition to being easier on your budget, stone composite flooring is:
- Waterproof
- Comfortable to walk on
- Easy to maintain
- Stable in temperature fluctuations
The ROI of stone composite flooring won’t come close to that of wood flooring. But considering how much less you’ll spend to achieve the same look, it may be worth it for a quick sale.
Bamboo
Looking for an eco-friendly option for your home? Bamboo flooring is an inexpensive, natural alternative to hardwood flooring.
Durable and neutral enough to fit seamlessly into any home bamboo flooring is becoming an increasingly popular flooring option.
Bamboo is environmentally friendly, as it’s considered a grass, and not a tree, which takes decades to mature enough to harvest for flooring. Bamboo matures in a fraction of the time, making it an abundant resource.
While bamboo won’t net you as high of a ROI as wood, it’s an eco-friendly, low maintenance nature is an appealing asset to the right buyer.
Laminate
Second only to hardwood floors in popularity, laminate flooring is always a good choice.
Laminate flooring closely resembles hardwood flooring in looks, but that’s where the similarities end. Laminate is quieter, easier to clean and maintain, and considerably more cost-effective.
Modern laminate is made from resins and comprises multiple layers and can mimic the look of real wood pretty closely. Laminate today boasts textures and designs that make it difficult to discern from the real thing.
While it doesn’t pack nearly as much punch in regards to resale value, laminate flooring is the most cost-effective flooring to spruce up your space.
If you’re deciding between flooring options to take your home from good to great, it may be time to leverage the experience of a flooring provider with decades of knowledge. Contact the team at Portofino today for all of your flooring needs!