Vinyl planks and tiles cost about 5 per square foot but homeowners typically can install those themselves.
Wood floors increase home value.
Proper hardwood floor maintenance may considerably increase a home s value.
In fact a majority of real estate agents surveyed by the national wood flooring association said houses with hardwood flooring are easier to sell sell for.
But completely redoing hardwood floors is an expensive undertaking if you don t plan on staying in a home.
Does hardwood flooring increase home value.
When it comes to increasing your home value with new flooring wood is your best option.
And if you don t believe me ask any realtor and they ll tell you the same thing.
According to real estate experts the average roi for installing hardwood floors is about 70 to 80 and wood floors can boost the sales price of your home as much as 2 5.
Although it won t boost your home s value as well as true wood flooring because it s not as durable sheets of vinyl flooring only cost from 0 75 to 4 per square foot plus installation and can last from 10 20 years.
The price of hardwood vs laminate may be a lot more expensive in the long run with extra costs for installation and finishing but the quality and longevity of the hardwood far outweighs that of the laminate as well as the overall look.
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.