ROI and Flooring

The flooring in your home can experience significant wear and tear, and it can become an eyesore. Installing new flooring will update the look of your home, which can be appealing to potential homebuyers if you’re looking to sell. But with any renovation, you need to consider the return on investment (ROI) you can expect from the flooring type you choose.

While choosing the best flooring can be influenced by many factors, you want to ensure your new flooring increases the value of your home. Here are some flooring installation options for a great ROI.

Hardwood Flooring

Hardwood flooring is a popular flooring option for various reasons. It is preferred because of its aesthetic value and durability. The average ROI on installing hardwood floors ranges from 70-80%, depending on several factors. The ROI of hardwood floors is among the highest of all flooring types.

Vinyl Plank Flooring

Vinyl plank flooring gives your home the look of other flooring options, such as hardwood, at a more budget-friendly price. It comes with many benefits, such as water resistance and durability. People looking to buy your home will appreciate the appearance and strength of this material. You can get an excellent ROI on this type of flooring if you install luxury vinyl plank flooring.

Carpet

Carpet offers thermal insulation and resistance, which makes your space warmer. New carpets can easily catch a buyer’s eye, especially if they are placed in bedrooms. Installing carpet is affordable and quick, and you can expect a good ROI on this flooring option when it is done correctly.

Tile

Tile is the preferred flooring for bathrooms and kitchens. You can increase the value of your home and get a good ROI if you install new tile in these areas that give the space a modern look. Tile is ideal for homes in warmer humid climates because of its cooling effect.

Choose the Best Flooring Options to Maximize ROI

There are numerous flooring options to choose from. Your budget, location and the rooms you’re renovating will ultimately impact the type of flooring you install. You need to choose the flooring that fits your home’s overall design and caters to the wider market.

To increase the value of your home, your flooring needs to be installed professionally and using high-quality materials. District Floor Depot provides expert design solutions that will help you choose the best flooring for your home.

If you’re ready to install new flooring, contact us and fill out our online form today!