Selling Your Home and Wood Floors
The details count when selling a home. As prospective buyers narrow down their options, they pay attention to things like curb appeal and interior updates. Some of the best upgrades include fresh paint, new countertops and hardwood flooring. Prospective buyers appreciate walking into a home that they can move right into!
The question is, do homes with wood flooring sell faster? Is it worth it to tear up the carpet and replace it with beautiful, eco-friendly wooden planks? Let’s find out!
Yes, Home Buyers LOVE Wood Flooring
Nothing brings the “wow” factor to a home quite like wood flooring. While it does cost significantly more per square foot than carpet or vinyl, the resale value is much higher. According to a home buyer preference survey by USA Today, 54% of people are willing to pay more for a home with hardwood flooring.
Research from the National Wood Flooring Association (NWFA) has similar findings. Ninety-nine percent of real estate agents claim that homes with hardwood flooring are easier to sell. They also tend to sell faster and for a higher price.
It’s clear that wood flooring is a great selling point for buyers. Let’s look further into the reasons why people will pay more.
Why Homes Sell Faster with Hardwood
- Distinct appearance. Wood flooring is beautiful. There are so many species and stains to choose from, it’s easy to find a one-of-a-kind design. Because wood is natural, each piece is unique so no two floors look the same. This will set your home apart from others on the block.
- Allergy friendly. Hardwood is easy to keep clean, which is ideal for those with allergies or asthma. All that is needed to keep the wood in good condition is regular vacuuming and sweeping. New buyers know this and value the easy maintenance.
- Strong and durable. Hardwood flooring has exceptional strength and quality. This flooring can stand up to kids, pets and heavy foot traffic without looking worn. It’s also versatile and can go in any room for an open and airy look.
- Timeless. One thing that never goes out of style is wood. People have had wood floors for centuries. They stand up well to the wear and tear of normal use and can be sanded and restained in the future. Area rugs also give the flooring a fresh, new appearance.
Hardwood flooring is an excellent investment. You can add charm to your home without spending a fortune, plus sell it faster and for a greater profit!
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