Do Hardwood Floors Increase Home Value

When looking to improve your home by installing new floors whether it be to sell now or in the future you re probably asking yourself do hardwood floors increase home value.

Do hardwood floors increase home value. But completely redoing hardwood floors is an expensive undertaking if you don t plan on staying in a home. Hardwood floors can translate to real money for sellers. Some buyers eyes grow wide when they see a home with hardwood floors but in certain areas it s become the norm. Vinyl planks and tiles cost about 5 per square foot but homeowners typically can install those themselves.

In knoxville hardwood floors would add 3 400 to the average home price of 136 000 and in durham nc sellers could add 4 900 to the average home price of 196 000. The only possible answer to this question is a resounding yes. However floors such as hardwood floors help increase your home s value primarily because of its durability hardwood floors have the lasting capacity to go through seasons years decades and even a century with just bare minimum finishes done to them and ease of maintenance easy to clean easy to polish and easy to wash. Hardwood floors do increase home s value.

Proper hardwood floor maintenance may considerably increase a home s value. 3 ways hardwood floors increase home value. 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. Although it won t boost your home s value as well as true wood flooring because it s not as durable sheets of vinyl flooring only cost from 0 75 to 4 per square foot plus installation and can last from 10 20 years.

The median home value in atlanta is 217 600 adding hardwood floors would add 5 440.