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Hardwood flooring is a classic and durable flooring option that is appealing to many homebuyers. Learn why it is a great investment for your home.
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Hardwood Flooring A Wise Investment in Your Home’s Resale Value
Introduction Hardwood flooring is a popular choice for homeowners because of its timeless beauty, durability, and versatility. But did you know that it is also a wise investment in terms of your home's resale value?
Why does hardwood flooring increase a home’s resale value There are several reasons why hardwood flooring is so appealing to homebuyers: It is a classic and elegant flooring option. Hardwood flooring lasts for decades, which means homebuyers won't have to worry about replacing it anytime soon. Hardwood flooring is relatively low-maintenance.
Real estate experts agree Real estate experts consistently rank hardwood flooring as one of the best flooring options for increasing home resale value. According to Realtor.com, wood floors can increase a home's value by an average of 2.5%.
How much can you expect to recoup your investment? According to sources, homeowners can expect to recoup about 106% of their investment in new hardwood floors when they sell their homes. This means that for every dollar you spend on hardwood flooring, you can expect to get $1.06 back when you sell.
Tips for choosing hardwood flooring to increase your home’s resale value When choosing hardwood flooring for its resale value, keep these things in mind: Choose a popular wood species, such as oak, maple, or walnut. Select a neutral colour that will appeal to a wide range of buyers. Avoid exotic wood species, as these can be more expensive and less appealing to some buyers. Make sure that a qualified contractor properly installs the flooring.
Hardwood flooring is a wise investment for home resale value. It is a classic, durable, and low-maintenance flooring option that is appealing to many homebuyers. If you are looking for a way to increase the value of your home, consider installing hardwood flooring. If you are interested in more info about hardwood flooring or getting a free estimate for installation, contact AA Floors & More Ltd. today! Conclusion