Can Hardwood Floors Increase a Home’s Property Value?
Home improvement projects can not only beautifully transform a house, but they also boost property value. The professional installation of hardwood floors is one way to attract more potential buyers if you’re planning to sell your house. Here are several ways that wood flooring can have a significant influence and increase your estimated return on investment (ROI).
How Hardwood Floors Raise Home Values
1. Provides Long-Term Durability
When installed by a licensed and experienced contractor, wood flooring will provide durable walking surfaces throughout the home. Today’s options are made to stand up against moisture, pet stains, and heavy foot traffic.
Potential homebuyers appreciate amenities that offer long-term protection without having to pay for them out of pocket. With proper and regular maintenance, quality hardwood floors will deliver years of beauty and strong performance.
2. Increases ROI
Homeowners who invest in the professional installation of wood flooring are more likely to see profits on the back end. If they plan to sell their house, the addition allows them to list their property for a higher price compared to other homes without hardwood floors. The increase can be up to nearly 3% added to the asking price. Some real estate market estimates have also shown the average ROI can range from 70% to 80%.
3. Offers Multiple Design Options
Hardwood floors expand design choices in bedrooms, dining rooms, and other areas in the house. This feature allows potential home shoppers to imagine how they want to create customized spaces. When they visit open houses, they are likely to be drawn to properties that offer multiple ways to transform the home. From envisioning how a master bedroom may look to creating a family room to accommodate children of all ages, wood flooring offers exciting style selections.
These are just a few ways that hardwood floors can increase home value. Carolina Classic Pine in Asheboro, NC, specializes in providing top-quality options. What makes the wood flooring supplier distinctive is they mill and paint all their products in-house. Homeowners can also choose custom-made styles with tongue and groove ends as well as prefinished styles. From stain and moisture protection to a range of stunning colors and finishes, count on them for designs that will boost your property’s worth. Stop by today or call (336) 953-4433 with your questions. Visit the website to view products and pricing.