Research shows that investing in flooring can significantly increase a home's resale value. If you're planning to re-floor your home before selling or upgrading an investment property, it's essential to choose the flooring that offers the best return on investment.
For smaller homes and apartments, hybrid flooring might be a smarter choice than engineered timber. Hybrid flooring offers durability and affordability, making it ideal for properties with limited space and budget. In contrast, for larger homes with a higher expected sale value, investing in engineered timber can dramatically enhance the property's appeal. According to a study by the National Wood Flooring Association, homes with engineered hardwood flooring can sell for up to 6% more than those without hardwood flooring.
Understanding the most suitable flooring option for your specific property type can maximise your investment and attract potential buyers.
Start from the Ground Up
One of the first things any homebuyer or renter notices when entering a home is the flooring. To make a lasting impression, it's crucial to choose the right flooring. Homes with worn, uneven or damaged floors can be a red flag for buyers, signalling potential future expenses. Additionally, homes with different types of hard flooring in various areas could see their value diminish significantly. Modern homebuyers generally prefer durable, hard surface flooring. To ensure your home stands out, research the latest trends in flooring colours and styles.
Timber Flooring: Timeless Elegance
Installing engineered timber boards is a surefire way to add value to any home. Renowned for its unmatched beauty and prestige, timber flooring sits at the pinnacle of flooring options. Engineered timber offers the luxurious appeal of solid timber without the associated time and cost, making it an excellent investment.
Hybrid Flooring: Built for Longevity
Durable homes that require minimal repairs hold greater value. Enter hybrid flooring, a robust option that is both waterproof and highly scratch-resistant. These boards are designed to endure the demands of the busiest households. For smaller homes or apartments where timber flooring might not be practical, hybrid flooring offers a perfect blend of beauty and durability.
Herringbone and Wideboard: Style Statements
Herringbone flooring is an excellent way to captivate potential buyers. This eye-catching zig-zag pattern guides the eye across the room, adding unique sophistication to any space. Wideboard flooring, on the other hand, showcases larger sections of the timber’s natural features, creating an expansive and opulent aesthetic. Now available in our hybrid flooring range, these wideboards combine luxury with durability.
Mix It Up
While hard flooring is popular throughout the home, adding carpet to bedrooms and decorative tiling in bathrooms can enhance your home's appeal. Carpet provides warmth and comfort, distinguishing personal spaces from common areas. Decorative tiling in bathrooms can add a touch of elegance and practicality.
Protect Your Investment
To maintain your floors' pristine condition, take measures to protect them from damage. Sunlight can fade and discolour flooring, so use curtains and blinds to shield your floors. Hallway runners, rugs, and mats not only enhance interior design but also protect floors from heavy foot traffic. Furniture pads can prevent scratches from table and chair legs.
Conclusion
Adding value to your property depends on the current value of your home and the benefits of investing in specific materials. For homes with higher existing value, timber flooring can significantly boost sale prices. For a cost-effective, durable option for smaller homes or investment properties, hybrid flooring might be the ideal choice.
By Ebony Fraser
