How Does Hardwood Floors Increase Home value?

Carpeting or hardwood floors? That's one of the most common questions homeowners have to ask themselves. And, if you're looking to sell your home, or considering doing so in the near future, the answer couldn't be more important. It also couldn't be more obvious (spoiler alert - it's hardwood!). Here are a few reasons refinishing your hardwood floors in Kennesaw, GA, can increase the value of your home.

Everyone Loves Hardwood

Ok, maybe not everyone loves hardwood, but year after year, it's the preferred choice of home buyers all over the country. The look is classic, warm, luxurious, and even if the buyer prefers carpeting, it's a bonus to know the house comes with hardwood if you want it. While it's hard to say if installing hardwood will pay off as an investment, there is no doubt that restoring existing hardwood will increase the value of your home.

Ultimately, Hardwood Is Cheaper

If you're having hardwood installed, it might sound crazy to suggest that it's cheaper than carpeting, but over the long run, it is. Hardwood is roughly twice as expensive to install as new carpeting, but carpeting has to be replaced once every 7 to 10 years. So, within 7 to 10 years, the cost is the same. And, while hardwood must be periodically sanded and refinished, that's nowhere near as expensive as new carpeting, which also requires regular maintenance.

It's a Tax Write-Off

Putting in hardwood is considered a capital improvement to your home. It may vary from state to state, but that usually translates to lower sales tax. Carpet has no such advantage, so again, the savings aren't as great with carpet when the taxes are accounted for.

The Buyers Will Just Rip Up the Carpet Anyway

Hardwood is so popular, if you have hardwood living beneath your carpet, once the home is sold, the new owners will almost certainly pull up the carpet. Most buyers prefer the hardwood, and if they don't, they likely prefer a different kind of carpet.

So, do yourself a favor: pull out the carpet, hire hardwood flooring services in Kennesaw, GA, and refinish the hardwood. Your home will look better, and the value of your home will immediately benefit.