Despite the fluctuations in the housing market over the past decade, home ownership is still central to the American dream. Owning a home brings pride and stability, and is considered one of the most important ways to build wealth.
But to truly build wealth in your home, you must invest in it and put work into it. There are many home upgrades that pay for themselves with the value they add to the property. For instance, installing new stained wood floors is a great way to increase the appeal of your home to potential buyers.
Let’s take a closer look at how stained wood floors can be a boost to your property values.
Stained Wood Floors Makes Your Home Look Newer
If you were buying a car, which would you pay more for: one that had seats with stains and tears, or one with seats that looked like they had never been used? Most buyers would go for the car with the fresh interior.
Similarly, whenever a home looks up-to-date or newly remodeled, buyers are usually willing to pay more for it. A fresh coat of paint can make the outside of your home look stunning, rather than worn and weathered. And newly installed floors without scratches and scuff marks can make a lived-in house look good as new.
Wood Floors are in Style
While carpeting was once a popular flooring choice, today’s buyers prefer hardwood. When buyers see carpeting in a home, that translates to time and money they will have to spend tearing it out and replacing it. By contrast, if the home already has beautiful hardwood floors, that’s one less project they have to worry about.
But Wood Floors are Also Timeless
While being on trend can be positive, it can also be risky. Trends change, so what was once considered in style may later be seen as dated.
Unlike other design choices, however, wood is a classic look that tends to withstand the test of time. And, if the particular stain on the wood goes out of style, it is relatively easy to restain the floors in a more modern color.
Wood Floors are Easier to Maintain
Another reason buyers prefer hardwood is the ease of maintenance. Carpets stain easily and collect fur and odors from family pets. To keep them clean, they require regular vacuuming and shampooing.
By contrast, spills on the hardwood can be easily mopped up. Sweeping is also much less time consuming than vacuuming. Buyers with busy schedules see hardwood as adding value to their lives by being less bothersome to care for.
Wood Floors Look More Expensive
Of course, wood floors are not the only low-maintenance alternative to carpet. Tile, linoleum, and laminate floors all offer similar benefits. But buyers tend to view these flooring options as cheaper alternatives to hardwood, which is seen as a high-end design choice.
Increasing the Value of Your Home
For these reasons and more, adding stained wood floors to your home can be a good way to increase your property values.
If you would like to find even more ways to add value to your home, contact us for a free quote. Our services will help your house look great, ensuring you get top dollar for your property.