How much value does refinishing hardwood floors add?

Table of Content

• Do hardwood floors increase a home’s value? Does hardwood have a strong ROI (Return on Investment?)
• OUR FLOORING BRANDS
• Are Hardwood Floors Worth It?
• Why is my vinyl plank floor buckling?
• When should I replace my hardwood floors?
• Does New Flooring Increase Home Value? 5 Pro Tips to Get the Most Money Back When You Sell
• Consider flooring alternatives

It ranges in cost from $3-$14 per square foot, with installation ranging from $3-10 per square foot. Some engineered hardwoods can even be sanded once or twice and refinished, so it may be a good choice for a quick turnaround ROI. If you’re staying in the home for a long time though, solid hardwood is a better choice. You don't want your house's perceived value to drop when the only distinguishing factor between your house and the one for sale down the street is hardwood floors.

This will not only remove all of the dirt and grime, but it will also kill any bacteria or pathogens that may be present. Cleaning your hardwood floors before viewings is the best way to ensure they are clean and looking their best. Finally, regular maintenance is essential to keep hardwood floors in good condition; otherwise, they may actually decrease the value of your home. But no matter what end look you’re going for, you should expect some amount of mess whether you’re installing new hardwood or refinishing existing floors. Both processes involve several complicated steps, each of which can produce plenty of mess. If I had to pick an ideal time, I would say spring or fall when the indoor temperature is most consistent with outdoor temperature and it’s often easy to open the windows to help air out the smell faster.

Do hardwood floors increase a home’s value? Does hardwood have a strong ROI (Return on Investment?)

But, completely redoing hardwood floors is an expensive undertaking if you don’t plan on staying in a home. Rather than making that kind of investment right away, work with a real estate agent to see what can be done to treat the floors first. Yes, a steam mop can safely and effectively be used on luxury vinyl plank flooring. Steam mops are great at cleaning and sanitizing a variety of surfaces, including luxury vinyl planks.

Floorcraft features the deep-grained looks of natural woods with an incredible 50-year warranty that covers fade, stains and is water resistant. Do different types of flooring meet in ways that are displeasing to the eyes? If you’re drawn to intersections of wood, tile, and carpet then it is time to make a change. Hardwood floors can bring together multiple spaces to make the area consistent and appealing. If you are looking to make changes while cutting down on cost, keep carpet in bedrooms and low traffic areas. Hardwood floors last for generations, because depending on the thickness of your floors, they can be refinished numerous times.

OUR FLOORING BRANDS

Tile or stone can be a great choice if you’re looking for something that’s easy to clean, while vinyl flooring and linoleum are budget-friendly options that are popular for bathrooms and kitchens. Luxury vinyl tiles or thicker carpets may also add value if you’re looking for a more unique and softer appeal. Additionally, vinyl flooring is a more affordable option when compared to hardwood, tile or stone. It’s much less expensive to install than other flooring options, making it a great choice for homeowners looking to increase the value of their property on a budget.

If the buckling is already present, it’s important to be able to identify the cause of the buckling in order to take the necessary steps to repair it. To prevent further buckling, it’s important to make sure the subfloor is properly prepared and dried, as well as to regulate humidity in the room with either an air conditioner/dehumidifier or a fan. Hardwood, on the other hand, may be less desirable in starter homes, as it is more likely to need replacement. You do not have to tip floor installers, but it is a nice gesture. Since floor installers are skilled laborers, they have usually received some training. Refinishing involves sanding down the uppermost layer of the floor and applying fresh stain and lacquer over the existing wood.

Are Hardwood Floors Worth It?

Its natural beauty, durability, and ability to stand the test of time for both style and durability make it a wonderful long-term flooring material. Hardwood will be your best bet with the highest ROI since it's the long-standing preferred flooring choice. If an existing hardwood floor is looks dull and worn, and you recoat or resand and finish it, then you're adding some real value beyond aesthetic taste. An appraiser may recognize this value by rating the overall condition of the home as very good versus fair. Laminate flooring can look similar to wood and be just as durable sometimes, however, you can't refinish it. The cost is fairly low though, between $2-$8 per foot, with a foam underlay and adhesives or glue.

Potential buyers will be looking for a home that is inviting and well-maintained, and often one of the first things they will assess is the flooring. Russell said she’s noticed that a lot of buyers tend to want “tile in the bathrooms; hardwoods in the main” part of the house—but that doesn’t mean you’re limited to the shade of brown. The flooring’s foundation also will influence your budget and flooring choice. For instance, if you rip out carpeting to find concrete or tile underneath, your new flooring needs to be a click-together floating option or flooring that can be glued down—nothing that requires nails. Carpets and vibrant rugs remain popular, and eco-friendly and organic materials and innovative designs mean that homeowners have more flooring choices than ever. If you love the look of hardwood but need to upgrade your flooring on a budget, you’ve got various options at your disposal.

A bathroom renovation ranks right alongside a kitchen upgrade as a way to add value to a home at resale. For example, if a homeowner spends $35,000 to update the bathroom, 57 percent, or $20,000, of the total remodeling cost can be recouped when they sell. These are the top five reasons people pull the trigger on bathroom renovations .

Refinishing your floors can completely change the look of your entire space, whether you’re bringing the floor back to its natural color or customizing it to a specific achieved look. 54% of home buyers are willing to pay more for hardwood floors when buying a house—about $2,080 extra, according to data from the National Association of Realtors. Hardwood floors are not only classic and timeless, but they can also increase the value of your home.

My designer discount at the paint stores usually more than offsets the cost for the hour consultation. After the main areas, the next area to consider is the hallway and Master bedroom. Hallway carpet gets worn down the fastest, so it’s not very practical. And, if you have hardwood in the halls, then it gives you flexibility to have carpet in the bedrooms, even if they are different colors. Well this depends on your neighborhood and how your house compares to others in the area.

If you replace them, you need to pay for additional wood as well as ripping up and hauling away existing hardwood. Get the biggest bang for your buck by adding some paint, replacing countertops and appliances, and re-doing the shower/bath. From there decide if it's within your budget to add some hardwood floors to your living room or dining room.

Tasteful variation is okay in a limited sense but don’t let different types of flooring meet in high traffic areas. The main areas of the home, such as the entryway, living areas, dining areas, and kitchen, are typically the first that buyers will see and will set the mood and tone for the rest of the home. Contrary to what all those home renovations on HGTV made you think, not every room needs to have the ideal flooring; there are definitely rooms where it matters more than others. Additionally, the ideal type of flooring may be different for each room. Also, make sure that the mop head is slightly damp, but not saturated with water. This will ensure that no water is left sitting on the floor, which can cause the planks to warp or buckle.

Work with an expert real estate professional to make the right decisions on flooring choice, whether it's new hardwood or a different material. Most home buyers would prefer hardwood for their room (i.e. their sanctuary), but they are split on carpet vs hardwood in their kids’ rooms. (And, the kids’ rooms are less of a concern in the buying process).