Wood floors are one of the best investments you can make.
Value hardwood floors.
Hardwood floors can add up to 2 5 to your home s value.
At value wood floors we work together with some of the best home builders in the gta to provide you the best all around quality work.
It s not just our staff that has the eye for design if you need that little extra assitance we partner with multiple designers throughout the city that would be more than happy to join in on your renovation.
You can expect to see between a 70 80 roi on your hardwood floors but the best roi comes as you enjoy the low cost upkeep of the floors.
Value of new floors while hardwood costs more than carpet does hardwood will last a substantially longer time than carpet.
Many buyers love seeing hardwood flooring but to make a dent in the value the rest of the house needs to have updates too.
Installing hardwood floors can cost between 9 and 12 per square foot compared with about 3 to 5 per square foot for carpet so some homeowners opt to install hardwood floors only in some.
What type of flooring will give you the best return on investment.
Of course this all depends on style grade etc.
They re durable versatile and most buyers love them.
Pros of hardwood over carpet and other flooring.
Hardwood improves the value of your home much more than laminate in fact it s not clear if laminate will improve the value of your home and this may depend on the neighborhood it may have a modest impact in lower end areas and may have no impact or potentially negative impact in high end areas.
While hardwood floors add the most value to a home that s not to say all buyers will lose interest if they aren t in your home.
The cost to install laminate flooring averages 2 750 compared to hardwood s average of 4 400 and carpet s average of 1 600.
Whereas carpet should be replaced every 10 to 15 years hardwood floors can last a lifetime if they are properly maintained.
It also beats out both of them as an ideal material for pets.
According to real estate experts the average roi for installing hardwood floors is.
Hardwood flooring can run anywhere between 9 12 dollars including installation where carpet usually costs between 2 12.
Solid wood floors can be sanded and refinished numerous times to give them a fresh look.
For perspective as a general rule of thumb hardwood floors often cost 30 50 more than laminate floors.
Solid hardwood is great for high traffic areas and rooms on the first or second floors where there s limited moisture.
Other floorings such as tile could run between 7 14 dollars which are fairly comparable to hardwood.