Tag: home value

Does new flooring increase the value of my home?

In short, the answer is “yes.”  Replacing your old flooring before selling will not only improve the look of your home, but will also increase its resale value. 

Realtor.com estimates the return on investment to be 70 to 80% for installing hardwood floors, and suggests that wood floors can boost the sales price of your home as much as 2.5%. 

Another survey shows that 54% of home buyers are willing to pay more for hardwood floors when buying a house, adding more than $2,000 to the average sales price of the home.

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