If you’re getting ready to put your home on the market, you should definitely consider installing hardwood floors, or refinishing the ones you have. And while hardwood floors are a thing of beauty, did you know they can help improve your bottom line, too? Here are three ways hardwood flooring adds value to your home.
1. People Want to Live in a Home with Hardwood Floors
If you’re planning on selling your home at some point in the future, you should definitely consider hardwood flooring. People looking for a new home consider many different factors in their search, and one of them is the type of floors a house has. In fact, according to a USA Today survey, about 25 percent of buyers under the age 54 prefer homes with hardwood floors in them. So, if you want your home to stand out when a realtor shows it to prospective buyers, you should definitely install hardwood flooring.
2. . . . . and They’ll Pay More for it
Another way hardwood floors add value to your home is buy increasing its resale value. Because so many prospective home buyers across nearly all age groups prefer hardwood floors, they’re willing to pay more for a home that already has them. Exactly how much more is difficult to pin down, but the USA Today survey cited above indicated that, on average, home buyers were willing to pay an extra $2080 for homes with hardwood floors.
3. Sell Your Home Faster
If you don’t want your home to languish on the market for weeks or even months, you should definitely consider installing hardwood flooring. Most modern home buyers don’t want to see dull tiles, off-color rugs, or laminate flooring when they’re considering a new home. So, swapping out an outdated carpet for hardwood floor can add instant appeal and get your home from a showing to an offer really quick.
Home buyers are searching for homes with hardwood flooring, so make sure you give the people what they want! A hardwood floor can increase the value of your home and help you sell it faster, too. So, if you’re ready to increase your home’s appeal, install hardwood flooring as soon as you can!