Hardwood The Preferred Flooring Choice for Homes
Homes with hardwood flooring tend to sell faster than their carpeted counterparts. They also sell faster than homes with other types of flooring.
Hardwood: The Preferred Flooring Choice
According to the National Association of Realtors, 54% of home buyers are even willing to pay more for a house with hardwood flooring. When surveyed, 90% of homeowners also want to have hardwood flooring in their kitchens. Tile was also a popular and preferred type of flooring for kitchens.
Home Renovation Projects and Floor Upgrades
Many homeowners engage in some type of renovation projects every year. This is true with 40% of homeowners that participated in a recent survey. About 35% of the overall home remodeling jobs were for total home renovations. Chances are that replacing and upgrading floors were part of this process. Since Houzz survey participants indicated they had 34% of their floors covered in hardwood, it’s possible that these, too, were recent upgrades.
Renovating Houses for Sale
When preparing a house for sale, many homeowners engage in a variety of upgrades. In addition to investing in landscaping to improve curb appeal, homeowners should spend more on floors. Since this is recommended by 94% of real estate agents, it makes good sense to follow their expert advice.
Real estate brokers also report that homeowners can receive a solid return on their investment when they replace their existing floors with hardwood. For example, if they spend an average of $600.00 to $900.00 on hardwood floors, they could potentially receive a $2,000.00 return on this investment.
Hardwood Flooring Means Faster Sales
The National Wood Flooring Association reports that 82% of real estate agents concur that houses with hardwood floors sell faster than their counterparts. Furthermore, 99% of realtors have reported that it’s actually easier to sell a house with this type of flooring.
When preparing a house for sale that has wood flooring, it’s important to locate companies that refinish hardwood floors. This is even the case when an existing wood floor has been partially protected by carpet for a number of years. Companies that refinish hardwood floors will tell you that the best way to refinish hardwood floors is with a hardwood floor oil finish.
Oil finished hardwood floors can be a great selling factor once a house goes on the market. As realtors attest, this type of flooring will sell a house easier and faster.
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