Do Hardwood Floors Add Value to a Home?

Hardwood is a flooring material that elevates any decor. Its look is high-end and has a long lifespan. The numerous wood species that are available are enhanced by finishes that range from matte to high gloss. There is a stain to match any room decor, and the au naturel look is popular. Hardwood textures, like hand-scraped and distressed, add visual interest. Not surprisingly, many home buyers favor a home that features wood flooring. All Surface Flooring in Ballwin, Missouri, is a great place to start your hardwood flooring upgrade.

Surveys

Informal surveys are done by entities in the business, home improvement, and real estate industries reveal that hardwood flooring is on many homebuyers' must-have lists. One of these surveys was completed by Kiplinger, a business forecasts publisher. It was reported that 83-percent of buyers want hardwood floors in their new home. In addition, according to a survey conducted by the National Wood Flooring Association, real estate agents say that houses with wood floors sell for up to 10-percent more than an identical home without wood floors.

Increase in value

In summary, available data suggest that most homebuyers prefer to purchase a home with hardwood floors, and they don't mind paying more to get this feature. So, yes, hardwood floors, whether engineered or solid hardwood flooring, do add value to a home. What's more, research shows that this trend is likely to continue. IMARC Group, a market research company, forecasts growth in the hardwood flooring industry in the years ahead.

Family-owned All Surface Flooring brings a variety of hardwood styles to the St. Louis area, including the communities of Chesterfield, Wildwood, Creve Coeur, and Fenton. But we are much more than a hardwood flooring company offering a selection of flooring in many materials, free estimates, and a shop-at-home service. Our installation team repairs existing floors and installs new flooring. So we can put our 40+ years of experience to work for you.