Are you ready to put your home on the market? Maybe you are trying to prioritize that never-ending list of projects to give your home the greatest “wow” factor once your listing is live. Is flooring worth the cost? How big of a difference does it make? These are questions every homeowner asks when getting ready to list their home.
There is no doubt that flooring greatly contributes to the overall aesthetic of a space. It can even aid you in accomplishing the overall style or vibe of a space (farmhouse, rustic, sleek etc.). For example, hardwood floors are often associated with warmth and comfort, helping to accomplish a cozy or rustic look. On the other hand, stone and tile patterns are often associated with luxury and may appeal to more contemporary tastes. Is there an overall “type” or “vibe” of the home you are wanting to target? For instance, maybe your listing describes your home as a “modern farmhouse” in which the hardwood will be a great touch. The visual appeal of flooring can make a strong first impression and even affect the way a potential buyer will perceive the value and style of your home.
By the same token, trends and design choices can make a big impact on how your home is perceived. For instance, wide plank flooring is currently “in” and what people see on their favorite home design Instagram pages. Adding the wide planks to an older home may give it a more modern appeal and style. That being said, even if you are not comfortable jumping on the latest trends, there is still a lot you can do to change the way your home is perceived without a huge price tag attached. Design experts share that having consistent flooring throughout, or at least in open areas (kitchen, living room, dining room, entry) can achieve a more cohesive sense of the space. This simple change can have a big impact.
What about the return on your investment? New flooring is no small upgrade, so it is important to make sure it pays off for you. In most cases, homes with high-quality and appealing flooring tend to sell much faster and for a higher price. In fact, in luxury markets, custom tile work and high-end hardwoods are known to boost the selling price of a home significantly. That being said, we do not see this trend in all markets. In more budget-conscious or middle class markets we see homes with more durable and budget-friendly options, such as luxury vinyl tile (LVT), selling faster. Before choosing your flooring, do research on your market. Who is moving to your area (demographic)? Young families tend to have different priorities. Recognizing the preferences and priorities of potential buyers is the first step in ensuring that your new flooring is worth the investment.
All things considered, flooring is more than just a personal choice, it impacts how buyers perceive your home’s overall value. Doing your market research to pick the right type of flooring, ensuring consistency across your home, and staying up to date with the latest trends will help your home get the attention of buyers. Stop by a Pg Long showroom to pick out the perfect option for your home!
Blog post written by: Aysha Martin
