How New Floors Add Value to Your Home in Dallas-Fort Worth
Whether you’re looking for ways to boost the value of your Dallas-Fort Worth property or hoping to increase its value before listing it for sale, upgrading the flooring is a worthwhile investment. While new floors can positively impact property value, some types of flooring offer more benefits than others.
Let’s explore the different types of flooring and how they impact resale value so you can invest in the right type for your home.
The Monetary Benefits of New Flooring
Well-chosen flooring does more than add value to a home. While some types of flooring add comfort and soundproofing benefits, others enhance the interior style and provide decades of durability.
Moreover, different flooring materials come with different price tags and installation costs. These details impact property resale value and determine how much you can expect to recoup in the return on investment (ROI).
Flooring Materials and Their Impact on Home Value
From elegant solid hardwood to affordable laminate and cozy carpeting, here are some of the top types of flooring and their impacts on home resale value:
- Hardwood: Solid hardwood floors are a timeless investment. They’re incredibly durable, long-lasting and easy to clean and maintain. This flooring can increase property value by 3%-5% on average.
- Laminate: This innovative flooring is an affordable alternative that resembles natural hardwood or tile. While laminate flooring can increase home value, it provides a lower resale value than hardwood.
- Carpeting: While carpeting can increase home value by 1%-3%, there’s no hard data to suggest how it affects resale value. However, this limited data doesn’t reflect the flooring’s quality. Carpet is one of the most comfortable and cost-effective options on the market, giving your space a warm and homey feel at an affordable price.
- Tiling: Tile floors are classy and cost-effective. On average, they can increase resale value by 2%-4%, though this estimate depends on the type and quality of the specific tiles.
- Luxury vinyl: Luxury vinyl is another type of flooring that mimics hardwood or tile at a lower cost. It can increase a home’s resale value in some cases, but it depends on the type of home. For example, buyers looking for “starter homes” like townhomes and duplexes might prefer an affordable, durable option like luxury vinyl that can withstand pets and young children.
Whether you choose hardwood, tiling or any other type of flooring, the impact on resale value will depend on the quality of the material and the installation.
The Role of Flooring in Home Resale Value
One of the first things buyers notice when viewing a property is the floors. Beyond providing a lasting first impression of a home, flooring sets the mood and aesthetics of a space. Flooring also requires significant investment — old and outdated floors can repel home buyers who won’t want to fork out time and money to update the flooring.
Evaluating Flooring Options: Durability and ROI
When budgeting for new flooring, you must consider the material and installation costs, overall durability and the expected ROI. Here’s how these flooring options stack up:
- Hardwood: Hardwood floors can last decades with the right care and occasional refinishing. They offer a high ROI of up to 106%.
- Laminate: While laminate flooring is not as durable as hardwood floors, quality laminate can last between 15 and 25 years, with higher-end varieties lasting up to three decades. Laminate flooring costs vary widely, but you can expect an ROI of up to 65% when opting for professional installation.
- Carpeting: Quality carpeting is an investment in comfort that often lasts around a decade, depending on the quality. Since carpet flooring often fluctuates in popularity, it doesn’t offer a clear ROI. The ROI also depends on the type of carpeting you choose.
- Luxury vinyl: This flooring is easy to install and maintain. It can last up to 25 years, depending on the quality and installation techniques. Like carpet flooring, luxury vinyl doesn’t have a specific ROI percentage. However, it provides a durable, water-resistant flooring option that realistically imitates natural wood and tile. It can help bring your interior to life, potentially increasing revenue in the future. High-quality vinyl can offer a significant ROI.
- Tiling: Tiles are extremely durable, and some can last over 50 years with quality installation. They can also offer a high ROI, depending on the type you choose. For instance, ceramic tiles come with an average ROI of 70%, while porcelain tiles offer an ROI of about 55%.
When choosing new flooring, cost-efficient materials may be a savvy investment if they can offer a high ROI. Hardwood floors and tiling may be worthwhile investments due to their durability, though the installation costs can be high. On the other hand, laminate and luxury vinyl generally cost less and offer a high ROI.
The Value of Flooring in Home Improvement Projects
New flooring can completely transform a space. Much like a fresh coat of paint, floors greatly impact a room’s overall aesthetic. While dark hardwood floors can instantly make a home feel elegant and even rustic, light ceramic tiles can make a room feel timeless and more spacious.
Whether you choose hardwood, tile or any other type of flooring, quality is key. Each flooring type comes in different styles and material quality variances. Cheap laminate might seem like a budget-friendly solution. However, lower-quality products might need more frequent replacement, as they are generally less durable.
As a result, cheaper flooring may cost more in the long run. Quality variations can last much longer, making the high initial costs worthwhile long-term investments.
Tips and Ideas for Choosing the Right Flooring
Beyond cost, durability and ROI, there are a few other important considerations when choosing new flooring for your home in Dallas-Fort Worth. Your property’s architectural design and interior aesthetics will play a significant role. For example, elegant hardwood floors offer a traditional aesthetic, while tiling can boast a modern charm.
Still, you must consider practicality. Some areas of a home — like bathrooms, kitchens and basements — might need moisture-resistant flooring materials like tiling. Meanwhile, other spaces like bedrooms and living rooms may benefit from the comfort and warmth of carpeting.
Choosing the Right Flooring for Your Dallas-Fort Worth Residence With All American Flooring
All American Flooring offers a wide selection of flooring at unbeatable prices, from quality hardwood to carpeting and luxury vinyl. We proudly serve the Dallas-Fort Worth Metroplex, including Wiley, Lewisville, Plano, McKinney, Allen and Frisco. We offer a double warranty that covers flooring quality and professional installation. We also provide free in-home estimates for an accurate idea of new flooring costs for your property.
With our Room Visualizer tool, you can upload photos of your rooms and sift through our selection to choose the best flooring for your property. With this innovative tool, you can quickly compare the aesthetics of each flooring type.
Upgrade Your Dallas-Fort Worth Home With All American Flooring
If you’re looking for a quality flooring company in the DFW market, turn to All American Flooring.
We have over 35 years of experience serving homeowners in the DFW region. We offer an extensive range of flooring and customized solutions to ensure we meet your specific needs and budget. Whether you are a homeowner, property investor, realtor or renovator, All American Flooring can help you find quality flooring and reliable installations.
Contact us online for expert property remodeling support, or schedule a free in-home estimate to update your property with quality flooring.