I'm Selling My Home - What Type of Flooring Should I Put In?
When it’s time to put your home on the market it can be hard to know what type of flooring will bring in the highest dollar amount.
While we are flooring and window covering experts, we aren’t real estate experts. But we know that some areas of town might have a preference for one type of flooring over another, and if other areas of the home aren’t updated, the flooring probably won’t make too much of a difference in how much you can list the home for.
Because there are pros and cons to any type of flooring you might choose, we put together a list for you to take into consideration when looking for new flooring before you get ready to put your home on the market.
The Benefits of Real Hardwood Flooring
1) Hardwood will always be a timeless classic, bringing character, elegance and a true welcoming feel to any home. Because it’s a natural product, the variations in color and markings always make each and every home unique.
2) While they do take some maintenance, hardwood floors can last decades if they are cared for properly.
3) You can have variety with hardwood. Yes, nature produces whatever it wants, but you can choose a wood that suits your home and brings together a cohesive look that can be appealing to buyers
Some Potential Drawbacks:
1) Hardwood floors will scratch. There is no absolutely flawless flooring, and potential home buyers with young children or pets may prefer a more sturdy flooring over hardwood simply because they don’t want to pay the price for something that will incur some hard wear and tear in a somewhat short amount of time.
2) The ROI for having hardwood floors installed could be minimal, meaning that you could spend quite a bit on the flooring and not make too much back. This can occur for several reasons, some of which might be the lack of desire for hardwood in a home, whether or not other homes in your neighborhood have hardwood floors, or even that other ares of your home aren’t updated and home buyers don’t want to pay top price for a home they have to do more work on.
3) Hardwood is not waterproof. It’s just something to consider when having new flooring installed, because home buyers could potentially be searching for the wood look without the maintenance and with the added benefits of being waterproof and scratch resistant.
The Benefits of Luxury Vinyl Planks
1) This is a truly waterproof flooring. Of course, if you’re gone for 3 weeks on vacation and come back to a flood, the flooring most likely isn’t salvageable, but for something caught in a day or two, LVP will hold up well and can be saved, making it a great option and relief for home buyers.
2) It is a scratch resistant flooring that holds up well against kids, pets, and daily life. This makes LVP a great option for almost any home buyer.
3) LVP is available in wood and tile looks. By installing LVP and giving your home an upgraded wood look without the actual cost of wood could increase your ROI. The wood and/or tile look also makes it a great option for home buyers who don’t want to invest in the maintenance of real wood or tile flooring.
Some Potential Drawbacks:
1) Not every natural color or tone found in hardwood has been replicated into LVP. Many times customers have an idea in their head that they want in luxury vinyl, or they saw a wood they like, but want it in lvp and it just isn’t available.
2) As with any flooring, the big picture matters. You might choose something to fit your tastes, or make a decision in a hurry to get new flooring down, but it might not be in line with what’s in the area and potential home buyers could have very different tastes. Because there are some limitations on colors and variations to LVP, it may not always be the best option for your home.
3) The cheaper products show. There’s a range in every type of flooring for rentals to high end homes. If you buy a cheap vinyl, it will show.
Of course, these are not the only options you have! We know that carpet has been getting a hard knock that past few years, but you’d be surprised that so many people still want carpet in at least the bedrooms of their home. Take a look at the pros and cons we’ve come up with for carpet!
The Benefits of Carpet
1) It acts as an insulator. Even when most buildings and homes have insulation, the rooms with carpet with more often than not be warmer than the rooms that do not have it.
2) It creates a soft, welcoming environment. Can kids and pets be rough of carpet? Yes. But if you just place it in the bedrooms, or maybe even just a den, it becomes a welcoming place of comfort and adds a delicate touch to your home, whether you decided to keep it or put it on the market.
3) New carpet production holds up well to daily life. Even though potential home buyers may cringe at the thought of carpet, the truth is that everyone loves a soft place to land at the end of the day, and it’s nice to have a carpeted space for kids. With solution dyed fibers and water proof backing available, there are several carpet options that could provide a great way to spruce up a room and add value to your home
Some Potential Drawbacks
1) You try to skimp and buy cheap carpet. There’s rental grade carpet and a little bit higher grade, but still cheap carpet, and if you put it in a home you’re trying to sell just to increase the value a little bit without putting too much into it, it will likely show.
2) Your potential home buyer doesn’t want carpet in the home. This could be a 50/50 toss up, but carpet (even mid-range to high end carpet) is cheaper to purchase and install than a hard surface flooring.
3) You choose too much carpet. As we said in the benefits, adding fresh new carpet in just the bedrooms may be all you need to spruce up a home to put on the market, but if you put it everywhere, it could be a total turnoff to home buyers.
And there you have it! Our guide to possible flooring solutions to install when you’re considering placing your home on the market. If you’re considering selling your home and want to change out the flooring, we’d love to give you a free estimate! Just visit our Contact Page or call our office @ 619-697-5969 to schedule a time for us to come out!