If you're replacing the flooring in your home, it's important to consider the return on investment of this product which you use. From carpets and laminate into hardwood, there are a range of options available to homeowners.
Whether you are renovating, moving to a forever home, or planning to market in the future, flooring options should be carefully considered in order to make the right choice. The group Put together this very helpful guide to ensure you opt for the best option for your home!
ROI OF HARDWOOD FLOORING
Did you know that according to the National Association of Realtors, 54% of house buyers are willing to pay more to get a home with hardwood flooring? While hardwood flooring can be costly initially, experts say that the yield on investment can be as much as 2.5%.
The return on both hardwood and engineered hardwood is all about the same. The difference is, if you want the choice to alter the appearance of your flooring years in the future, hardwood can be sanded down and refinished, but engineered hardwood cannot. So, in the end, it can be worth the costly investment to receive hardwood floors that may be sanded and updated later on down the road.
LAMINATE AS AN OPTION
An alternative that homeowners contemplate is laminate, that can give the appearance of wood, is readily maintained and is scratch-resistant. The yield on investment, however, is significantly reduced, as laminate flooring does not help much with resale value.
THE VALUE OF CARPET
Carpet is also an attractive option for homeowners due to the low installation price. Quality carpet will last about 10 to 15 years at a house before it has to be replaced.
Whether you're looking for wood flooring repairs, a new hardwood flooring, or to create an old wood floor look like new, call Upper Edmonton Floor Sanding at 020 3369 0775.