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Does installing hardwood floor increase the value of your home?

Before you start searching hardwood flooring near me to get new hardwood installed, you might want to consider the benefits of doing so in regard to your home’s value. It is considered common knowledge that hardwood floors increase the value of your home, but do they really?

What Data Suggests

Most reports show an increase in your home value by up to 2.5% when the flooring is replaced before selling. According to the National Association of Realtors, homebuyers are willing to pay more for hardwood floors specifically. House appraisers and refinancers also take hardwood flooring into account when assessing the value of your home.

Hardwood Floors are Attractive

Hardwood floors are known to make a home warmer and give the air of value to potential buyers. Real estate agents report that a house will sell faster and for more money if they have hardwood flooring because buyers take notice.

Deciding Factor

The housing market is known for being very competitive and having something that can tip the scales in your favor is never a bad idea. Hardwood flooring can be that deciding factor that makes your house the one that gets picked above another selling in your neighborhood.

Investing in hardwood flooring will increase the market value of your home and give yourself an edge against the housing market competition. For a professional, licensed company that install hardwood flooring in your neighborhood, contact Rugworks at the following numbers: Rohnert Park – 707-584-7847 and Sonoma – 707-935-0648.