Hardwood and carpets are two popular flooring options for a home. When you’re considering options for your residence, you may be wondering which type adds more value to your home. Ultimately, it depends on the location, circumstances, and preferences of the homeowner.
When considering the resale value of a home, many homeowners believe that hardwood adds more value than carpet. Hardwood is considered timeless, low-maintenance, and has an elegant and traditional look. On the other hand, carpet provides warmth and comfort underfoot, and can come in a variety of textures, styles, and colors to suit any decor.
No matter which option you select, you should keep in mind that high-quality flooring is important. Professionally installed flooring can last for many years and increase the resale value of your home.
Hardwood Benefits
Hardwood is a classic choice that’s often preferred for its long-lasting durability and natural beauty. Hardwood floors are also easier to keep clean as compared to carpets. Additionally, hardwood floors are often low-maintenance, only needing to be waxed or mopped rather than needing to be replaced every few years. This makes them a cost-effective solution for many homeowners.
In many markets, hardwood has a higher ROI than carpet. This is because as mentioned, hardwood has the potential to last for many years with proper care. According to the HomeAdvisor True Cost Guide, installing hardwood floors can add up to 2.5% to your home’s value.
Carpet Benefits
Carpet is another great option for homeowners looking to increase their home’s value. While not as long-lasting as hardwood, carpet can be a cost-effective way to cover large areas of your house and provide a higher ROI than hardwood in some markets.
Carpet can add a feeling of comfort to any room and can come in a variety of colors and textures, allowing you to easily update your home’s look and feel without breaking the bank. Plus, carpet is also much safer than hardwood, which is ideal if you have children.
According to the HomeAdvisor True Cost Guide, installing carpet floors adds up to 1.3% of value to your home. This makes it a great option for homeowners looking to do some minor updates.
Conclusion
When determining the right flooring option for your home, it’s important to consider your personal preferences, budget, and how you’ll use the flooring. Ultimately both hardwood and carpets can increase the value of your home but each comes with its own benefits and considerations.