Tuesday, 12 May 2020

INCREASING HOME VALUE WITH HARDWOOD FLOORS: WORTH THE INVESTMENT

If you want to give your home a competitive edge in the current housing market, you need to consider the improvements that will add value. Hardwood floors is a great renovation choice because it can offer a substantial return on investment and boost your home's selling value.

Let us look at why this kind of hardwood flooring is a worthy investment and what you can do to allow it to improve your home's worth.

Greater Resale Value

Homes with hardwood floors demand higher prices than those with lookalike floors or carpeting. In a survey that has been implemented by the National Wood Floor Association (NWFA), over 90 percent of those responding agents agreed that hardwood flooring raise the resale value of houses. Twelve percent of those agents said they raise a home's value by over 10 percent.

Greater Marketability

Hardwood flooring is preferred by renters and homebuyers across america. HGTV named it as the top request among people looking for a home. The NAR (National Association of Realtors) found that 54 percent of homebuyers have been ready to pay more for a home with hardwood flooring.

Hardwood floors increase the likelihood of your house selling quicker. An NWFA survey found that there was almost universal agreement among real estate brokers that hardwood floors makes it easier to sell a home. Of these agents, 82 percent said the flooring helps a house sell faster.

Ways to Raise Your House's Worth with Hardwood Flooring

Now you know why hardwood flooring are an superb home improvement job, what you ought to understand next are the measures that you can take to make sure they increase the worth of your property.

Install fresh hardwood floors

Professional hardwood flooring installation can enable you to get a fantastic return on your investment.

If your current hardwood floors has pet stains, then replace the affected sections with fresh pieces. As soon as they're refinished, these new bits will not be conspicuous.

Refinish existing floors

If you already have hardwood floors, but they look dull and beaten up, many potential buyers will get the impression that you’ve neglected your home. They’re also likely to get hidden problems during the inspection that will prevent them from making an offer.

Be sure to sand and refinish your existing floors to restore them to good-as-new condition and add real value to your home that’s beyond aesthetic appeal. Most real agents say you can get a threefold return on this investment.

If there’s hardwood under your carpet, remove the carpet to reveal the wood floor and refinish it. It’s usually more expensive to re-carpet than to refinish hardwood.

Add hardwood floors to key rooms

There are certain rooms where people prefer to have hardwood, such as the living room, family room, and dining room. Hardwood flooring in the kitchen is also desirable because it’s easy to clean. Many people also prefer the flooring in the master bedroom. You can get back twofold from this investment.

To learn more about how hardwood flooring increases your home’s value, call us at 020 3151 1760 or use our online form.

You can also visit our showroom where you’ll get to see the variety of hardwood floor options we offer and get expert advice on all your flooring needs. We provide hardwood flooring refinishing, and repair services in the Catford Area .

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