Joseph Talbot, Real Estate Broker - HOME IMPROVEMENTS THAT IMPROVE VALUES

HARDWOOD

As stated, hardwood is easily the most popular choice for flooring today. Hardwood floors present a clean and distinguished look throughout the home. It is easy to clean, durable, and more comfortable than tile. It also has the advantage of being able to be restored every few years, meaning that any scratches, cracks, or loose boards can be corrected periodically, resulting in what looks like a brand-new floor any time it is refinished, often at far less cost than changing out carpet or any other material. There are negatives, of course. Hardwood floors tend to be cold and do not retain heat as well as carpet or vinyl, and refinishing is difficult and time-consuming. The price can also get relatively high, ranging from $6 to $15 per square foot or more. Considering everything, if you can afford hardwood floors, get them. Buyers are looking for them and will even pass up homes without hardwood, regardless of their other virtues. Not only are they looking, but more than half of agents report that buyers are willing to pay more for a home with wood floors. And given the former craze for carpeting, it is very possible that an oak goldmine under your dated shag is waiting to be uncovered and refinished to its former glory. Should you not have such a treasure waiting under your feet and budget is an issue, you can go with engineered wood or laminate floor, which provide many of the advantages of hardwood at less cost and are getting better every year. One thing to keep in mind when installing hardwood is you will need to keep the relative humidity in your home between 30-50 percent, or the wood may shrink or swell and buckle.

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