Are Hardwood Floors A Good Investment

There is no denying the appeal of hardwood flooring in today s market.

Are hardwood floors a good investment.

Many people think that by replacing their carpet or putting in new flooring they can get a good return on their investment but that is not always the case it depends on what you replace. Often the sticker price of a flooring option becomes the deciding factor. Photo by mary cook pros of wood look tile. This is seriously worth considering as it costs far less to refinish and the result is the same a floor with a brand new look to it.

By the way if you currently have old hardwood flooring refinishing it instead of replacing it can significantly boost your return on investment. Hardwood floors give you a good return on investment. Three reasons a hardwood floor is a good investment. Besides being an attractive amenity for potential buyers hardwood floors have proven to have a good return on investment for homeowners.

Whether you are deciding on the flooring in your new home or replacing existing flooring you know that there is a vast array of options available to you. Hardwood floors are a natural durable and beautiful product. Going back to hardwood floors. The return on investment for installing hardwood floors will vary according to your market and other factors but hardwood flooring can often help your home sell faster.

Made of solid wood planks or strips that can be glued together in butcher block format nailed down or left floating. There are different levels of flooring available. You will get the highest return on investment from painting. They not only want floors in good condition but materials that match the purpose of each room and look like a million bucks.

In comparison real hardwood flooring costs an average 5 to 10 per square foot with installation running an additional 4 to 8 per square foot. Reasons to install. But is hardwood a good investment for your rental property. Flooring in my opinion is always a low cost expense yet you get a higher return on your investment said leighann russell a real estate agent in the atlanta area who s got 329 transactions under her belt to date.