However because of the significant difference in costs extremely easy installation and resistance to moisture vinyl floors are gaining increasing popularity.
Vinyl vs wood flooring resale value.
Vinyl flooring is cheaper but a less durable synthetic alternative.
At the same time quality laminate or vinyl flooring usually will not put off prospective home buyers.
However a pre finished average quality hardwood choice with installation will cost approximately 8 25 per square foot.
No one knows if wood flooring provides more monetary value to your home upon sale.
What flooring typically yields the lowest resale value.
Hardwood flooring seems to make homes more profitable although solid evidence is pending.
Whereas hardwood and laminate have the potential to absorb moisture expand etc luxury vinyl plank doesn t have the same problem.
Also a lot of people have a hard time with the sanitation health aspects of it.
Vinyl flooring is made with polyvinyl chloride or pvc and it mimics hardwood in a lot of ways.
Hardwood floors are usually favored for their durability better aesthetic and resale value.
Hardwood this is one of the most popular choices when it comes to resale value.
So if you re in the market for a budget friendly carpet replacement vinyl is a great choice.
First steps towards better floors.
But there have been a few studies.
Quality laminate flooring and vinyl flooring lend a comparable amount of value to a home.
Neither brings the high value prestige of solid hardwood engineered hardwood or designer ceramic tile or natural stone floors.
Here s more on the carpet vs.
The average cost of vinyl floor tilesor planks is about 3per square foot and the average installation cost is 2 50per square foot for a total of 5 50per square foot.
Installing hardwood floors can cost between 9 and 12 per square foot compared with about 3 to 5 per square foot for carpet so some homeowners opt to install hardwood floors only in some.
Flooring and home value.
Laminate is also quieter than genuine hardwood so this is a good option for cost effectiveness as well as those who want more sound absorption.
Related content wood flooring trends.
Replace sheet vinyl with affordable diy ceramic tile and roi might be 200.
Most people consulted think that hardwood provides higher resale value than other floors such as carpet luxury vinyl flooring or laminate though they cannot confirm this with figures.
What s the resale value of tile stone or marble flooring.