The FINANCIAL - How Flooring Can Impact Property Value

How Flooring Can Impact Property Value

How Flooring Can Impact Property Value

When it comes to selling a home, every penny counts. Many people spend a lot of time and money on upgrading certain aspects of their home in order to increase the value. Some investments are worth the money while others don’t have much of a return. One of the ways that you can increase your property value is through upgrading the flooring.
You can expect hardwood flooring or luxury vinyl click flooring vinyl click flooring to really boost the price of a home that is on the market. Below, we are going to explore how flooring can impact property value. Keep reading to find out more.

Flooring with High Value

In many ways, flooring can impact property value, but it all depends on the kind of flooring that is in place. For example, carpeted floors that have not been properly looked after could decrease the perceived value of the property. Whereas popular choices like LVT flooring or hardwood flooring can maximise the price and become very desirable for buyers. These kinds of floors are expensive to install and so the buyer will be willing to pay more.

Where Flooring Matters

While having LVT flooring in the home can increase the value, it all depends on the location of the flooring. Buyers like consistency and for the flooring to be in the main rooms such as the hall or the living room. Having LVT flooring in your study or in a utility room will be beneficial but won’t have the same pull as the main areas.
As long as the flooring is consistent, buyers will be willing to pay a bit more. This is something that is mirrored with other décor and features around the home.

Things to Consider

Flooring can massively affect the value of a property but if this is something that you are considering then there are some tips that you should be aware of. Firstly, it is always better to have hard surfaces over carpeting when it comes to increasing the value of a property. If carpet is required, it might be useful to keep this restricted to the bedroom as this can add comfort.
A further thing to consider is that different floor types should not meet in areas of high-traffic around the home. This can look clumsy and can have the opposite effect on the overall value. Keep things consistent and this will encourage buyers to spend a bit more.

Final Verdict

In many ways, flooring can have a positive effect on the value of a property. For those selling homes, a close look at the flooring will tell you if things need to change before it goes on the market. Choose from the most valued flooring solutions such as hardwood flooring or LVT flooring. The more luxurious the better and the more you’ll get back on your investment. Consider everything that we have discussed in this article and this should help you make the right decision on how to proceed with flooring in the home.

Author: Guest author