5 Ways to Add Value to Your Property with the Right Flooring
UK retailer, Stories Flooring, reveal 5 ways to add value to your property with the right flooring. If you are planning on selling your property, there are lots of ways you can add value onto its asking price. Changing the flooring in the home is just one way you can add value without breaking the bank.
While solid wood floors are known to add the most value, they can be expensive. They also aren’t practical in every room. Other types of floors can add value, you just need to know what to pay attention to.
Want to know what to look out for? Read on below…
- Focus on looks
- Make sure it’s practical
- Know which rooms to focus on
- Ensure the floor flows
- Many any necessary repairs
The first feature to focus on when trying to add value to the home, is looks. You’ll want to find something that looks luxurious but won’t break the bank.
Wood flooring will always remain the most popular with homeowners. However, you don’t have to invest in solid wood. There are all kinds of wood-effect floors on the market. If you want the most natural wooden look, Stories Flooring’s engineered wood flooring is ideal. However, if you want to save the most money, SPC or laminate floors can also work well.
While non-wood floors won’t generate as much value, they can still boost the asking price if you choose one that looks luxurious.
If there’s one thing that’s going to boost the value of the home, it’s easy maintenance. The more practical the floor is, the more sought after it will be.
Some of the easiest types of floors to look after are LVT and SPC floors. As they boast a naturally water-resistant design, you can easily mop them as and when it is needed. Just remember with LVT flooring, unless you have a waterproof specific floor, it is best to avoid installing it in the bathroom.
Buyers will pay more attention to the floor in some rooms than others. If you only have a limited budget, you’ll want to focus on the kitchen, bathroom, and lounge.
The kitchen is considered the central hub of the home. The flooring you choose needs to be able to withstand spills, splashes, and high levels of daily foot traffic. If you want to make sure it appeals to buyers, you’ll also want to ensure it looks trendy.
Bathroom floors should be fully waterproof and easy to maintain. Comfort should also play a role in your decision as this helps to add to the relaxation of the space. The bathroom is one of the main areas of the home potential buyers focus on. So, make sure it looks luxurious and comes with hygienic properties.
You can invest in the most luxurious flooring on the market, but if it doesn’t flow with the rest of the house, it won’t add value. Your new floor should flow effortlessly from room to room.
When trying to decide which type of flooring to invest in, look at the floors it will be connecting to. Will it complement them or look out of place? If it looks odd, it could deter potential buyers, essentially detracting value from the property.
The final tip to pay attention to when trying to add value to the home, is to make any repairs needed to existing flooring. If you have wooden floors, make sure any scratches and marks are repaired. You can also consider giving the floor a deep clean. This will help to make it look like new, something that potential buyers will appreciate.
If you leave your floors damaged, it’s going to knock off some of the value of the home. So, taking care of them now will ensure you get the best price for the property when you are ready to sell.
These are just 5 things to consider when you’re trying to add value onto your property with the right flooring. The key is to ensure it looks great, fits the room it is in, and offers easy maintenance.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.