According to real estate experts the average roi for installing hardwood floors is.
Value hardwood flooring.
Of course this all depends on style grade etc.
You can expect to see between a 70 80 roi on your hardwood floors but the best roi comes as you enjoy the low cost upkeep of the floors.
That s a pretty wide range let s examine some factors that determine the cost of a hardwood floor.
Hardwood typically costs 6 to 18 per square foot including installation.
Installing hardwood floors can cost between 9 and 12 per square foot compared with about 3 to 5 per square foot for carpet so some homeowners opt to install hardwood floors only in some.
Wood floors are one of the best investments you can make.
Refinishing hardwood isn t as expensive as most think so the refresh is an easy way to increase your home s value.
It s not just our staff that has the eye for design if you need that little extra assitance we partner with multiple designers throughout the city that would be more than happy to join in on your renovation.
Solid wood floors are cut from one piece of solid wood and can be sanded and refinished.
Hardwood is a classic timeless flooring option that only increases the value of your home so if you can go this route go for it.
Hardwood installation labor costs.
As long as there is a consistent flow of hard surfaces not too much mixing and no nasty carpeting there s still a great chance at getting the most value out of your sale.
Most spend around 2 500 7 500 for the project.
If not engineered hardwood is another great option due in part to its added durability.
Many buyers love seeing hardwood flooring but to make a dent in the value the rest of the house needs to have updates too.
At value wood floors we work together with some of the best home builders in the gta to provide you the best all around quality work.
Our hardwood floors are available in solid and engineered hardwood and a wide variety of colors styles and wood species.
While hardwood floors add the most value to a home that s not to say all buyers will lose interest if they aren t in your home.
It s an eco friendly choice and is less expensive than solid hardwoods.
Hardwood floors can add up to 2 5 to your home s value.
Hardwood flooring can run anywhere between 9 12 dollars including installation where carpet usually costs between 2 12.
Pros of hardwood over carpet and other flooring.
They re durable versatile and most buyers love them.
Other floorings such as tile could run between 7 14 dollars which are fairly comparable to hardwood.