Flooring and home value.
Vinyl vs wood flooring resale value.
Hardwood floors are usually favored for their durability better aesthetic and resale value.
The average cost of vinyl floor tilesor planks is about 3per square foot and the average installation cost is 2 50per square foot for a total of 5 50per square foot.
What flooring typically yields the lowest resale value.
Also a lot of people have a hard time with the sanitation health aspects of it.
But there have been a few studies.
Quality laminate flooring and vinyl flooring lend a comparable amount of value to a home.
At the same time quality laminate or vinyl flooring usually will not put off prospective home buyers.
Vinyl flooring is cheaper but a less durable synthetic alternative.
However a pre finished average quality hardwood choice with installation will cost approximately 8 25 per square foot.
Neither brings the high value prestige of solid hardwood engineered hardwood or designer ceramic tile or natural stone floors.
First steps towards better floors.
Hardwood this is one of the most popular choices when it comes to resale value.
Installing hardwood floors can cost between 9 and 12 per square foot compared with about 3 to 5 per square foot for carpet so some homeowners opt to install hardwood floors only in some.
While it s hard to say exactly what flooring other than hardwood will add the most value to a home it s clear that buyers prefer hard surfaces over carpeting.
Related content wood flooring trends.
Hardwood flooring seems to make homes more profitable although solid evidence is pending.
No one knows if wood flooring provides more monetary value to your home upon sale.
Vinyl flooring is made with polyvinyl chloride or pvc and it mimics hardwood in a lot of ways.
Here s more on the carpet vs.
Replace sheet vinyl with affordable diy ceramic tile and roi might be 200.
Laminate is also quieter than genuine hardwood so this is a good option for cost effectiveness as well as those who want more sound absorption.
Most people consulted think that hardwood provides higher resale value than other floors such as carpet luxury vinyl flooring or laminate though they cannot confirm this with figures.
What s the resale value of tile stone or marble flooring.
One of the biggest advantages to this option other than price is that it is waterproof.
So if you re in the market for a budget friendly carpet replacement vinyl is a great choice.