Are Hardwood Floors A Good Investment

In comparison real hardwood flooring costs an average 5 to 10 per square foot with installation running an additional 4 to 8 per square foot.

Are hardwood floors a good investment.

Hardwood floors give you a good return on investment. They can also add an earthy tone to a rental making it more attractive to tenants. Made of solid wood planks or strips that can be glued together in butcher block format nailed down or left floating. They not only want floors in good condition but materials that match the purpose of each room and look like a million bucks.

This is seriously worth considering as it costs far less to refinish and the result is the same a floor with a brand new look to it. There are different levels of flooring available. According to real estate experts the average roi for installing hardwood floors is about 70 to 80 and wood floors can boost the sales price of your home as much as 2 5. Flooring in my opinion is always a low cost expense yet you get a higher return on your investment said leighann russell a real estate agent in the atlanta area who s got 329 transactions under her belt to date.

There is no denying the appeal of hardwood flooring in today s market. Going back to hardwood floors. Reasons to install. The return on investment for installing hardwood floors will vary according to your market and other factors but hardwood flooring can often help your home sell faster.

Getting a good return on investment home repairs worth considering 1. You will get the highest return on investment from painting. Hardwood floors are a natural durable and beautiful product. Many people think that by replacing their carpet or putting in new flooring they can get a good return on their investment but that is not always the case it depends on what you replace.

By the way if you currently have old hardwood flooring refinishing it instead of replacing it can significantly boost your return on investment. Three reasons a hardwood floor is a good investment. But is hardwood a good investment for your rental property. Photo by mary cook pros of wood look tile.