What type of flooring adds the most value to a home?
/Whether you are looking to sell your home now or just want to increase its market value in the longer term, décor can really help. While many homeowners look to improve furnishings to increase their property’s value, the floors are often neglected. The fact is that some types of flooring will add value, while others will subtract it, and this can vary depending on what rooms in the house are being re-floored.
These are the top floors that you can choose for increasing the value of your home.
Solid wood
Wooden floors are a strong pick for increasing the value of a home – especially in bedrooms and living rooms. This is despite the fact that they can be quite high maintenance. Data shows that having solid wood floors can raise the price of a home by up to 10%, making them a worthwhile investment, even if they are costlier to install than other types of flooring. Solid wood must be maintained, but it’s hard wearing and also looks stylish, adding appeal in the eyes of buyers.
Engineered wood
Opting to have engineered wooden floors installed in those rooms will be a strong alternative if solid wood is outside your budget. It is every bit as pleasing to the eye as solid wood flooring and also has the real advantage of much easier maintenance. Many flooring companies will put in underfloor heating at the same time, which can further add to the value if you live somewhere in the north of England like Chester, where the weather during the winter months can tend to be very cold.
Laminate
The next best option if you want to raise the asking price for your house would be laminate flooring. Indeed, this will be a better option for the bathroom in particular, as the water in that room will cause a solid wood floor to rot, which will reduce any valuation. Laminate can also help to add value if it is installed to replace carpeting in a kitchen, as it combines the practicality of being easy to clean with an attractive look.
There are certain types of flooring – most notably solid and engineered wood – that really increase the market value of a home. However, that will depend on where they are fitted. In bedrooms and living rooms they will be an asset, but in a bathroom they are a liability compared with laminate flooring.