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Do Hardwood Floors Increase Home Value?

Whether selling your home, enhancing curb appeal, or growing your property investment, you can increase your home’s value in creative ways. Installing hardwood flooring is an innovative way of achieving these goals and creating an elegant, stunning living space.

Hardwood flooring’s timeless appeal, durability, and sophistication resonate well with many Australian homeowners. If you’re considering this fixture but don’t know where to begin, we can guide you through this journey.

As trusted and experienced hybrid flooring Sydney experts, we will share valuable knowledge that can help increase your home value. This blog will delve deeper into the advantages of hardwood flooring, empowering you to make informed buying decisions and enjoy an upscale living space.

What Are Hardwood Floors?

Hardwood flooring dates back to the 17th century in France, where builders installed it in the houses of aristocrats and the elite. Its durability, aesthetics, and timeless appeal became popular with homeowners who prefer a cosy, rustic living space.

Builders install hardwood flooring by connecting the tongue and groove joints, creating an eye-catching, robust fixture that increases home value. The process involves careful measurement, precise cutting, and skilled installation, guaranteeing a seamless and durable finish.

Hardwood flooring types include the following:

Solid hardwood

Manufacturers cut solid hardwood flooring from a single larger piece. This fixture’s uniqueness, timeless appeal, and durability appeal to many Australian homeowners.

Although its upfront price is higher than other flooring options, you can break even with proper maintenance over time.

Engineered hardwood

Engineered hardwood floors have a plywood base with a wood veneer finish above. The latter feature provides homeowners with the authentic wooden appearance that livens up their interiors.

On the other hand, the sturdy plywood base helps prevent costly repairs and maintenance for long-term peace of mind.

Distressed hardwood

This flooring type is made of weathered wood with a rustic, vintage appeal. As the term suggests, distressed hardwood has pre-added marks, dents, and scratches during manufacturing that camouflage and offset regular trauma in busy, high-traffic areas.

Each plank is different, providing you with a conventional, handcrafted appeal that adds a unique and intriguing element to your living space.

Exotic hardwood

Manufacturers source exotic hardwood from different countries, providing a natural, robust hardness, striking grain patterns, and alluring finishes.

This fixture, which includes Brazilian Cherry, Teak, Tigerwood, and Kempas, can endure for decades with proper upkeep. However, it costs more than other hardwood flooring options because of import costs and rarity.

What Are The Advantages of Hardwood Flooring?

The following subsections will explore the advantages of hardwood flooring, providing Australian homeowners with unique insights to make informed decisions and increase their home value.

Return on Investment (ROI)

Hardwood flooring return on investment (ROI) can be significant, depending on several considerations, including wood type, installation quality, residence location, and the property market.

The increase in home value can surpass the hardwood flooring’s upfront cost, making it a financially rewarding investment. For this reason, we strongly recommend consulting a trusted, highly experienced real estate expert who can provide valuable insight on how hardwood floors can affect home value.

Enduring Sophistication and Allure

Hardwood flooring has endured for over four hundred years. Its timeless appeal is a testament to its reliability, aesthetic appeal, durability, and cost-effectiveness.

Hardwood floors’ design versatility provides Australian options with numerous indoor living space options. Whether you prefer a rustic, farmhouse look or conventional aesthetics, hardwood flooring can seamlessly mesh with any theme.

Whether you prefer solid, engineered, distressed, or exotic hardwood, you can easily customise your flooring to match your unique lifestyle preferences. Potential buyers usually find the allure and versatility of hardwood floors appealing to their styles.

Lifespan and Durability

Hardwood flooring’s ability to endure high foot traffic, dents, and scratches makes it a practical, cost-effective alternative to traditional indoor fixtures for many Australian homeowners. Solid hardwood can endure for at least fifty years, easily outlasting carpets (five to fifteen years) and vinyl floors (ten to twenty-five years). Combined with regular upkeep, hardwood flooring offers buyers a robust and enduring indoor aesthetic.

Homeowners can refinish their hardwood floors over time. Despite their durability, they can show signs of wear and tear. On the other hand, some buyers’ preferences change and evolve after several years. For these reasons, homeowners can hire a hybrid flooring Brisbane professional to refinish their floors and restore their original lustre and allure.

Easy Upkeep and Cost Efficiency

Many Australian homeowners appreciate the hassle-free maintenance of hardwood flooring, which includes regular sweeping, vacuuming, and occasional mopping. Although its upfront costs are higher than other flooring types, its easy upkeep helps buyers avoid costly repairs and replacements, saving them money and effort over time.

If you’re considering carpets, vinyl, or hardwood floors, hardwood’s proven durability can be a game-changer. Despite hardwood flooring’s higher initial costs, its long-term durability and low-maintenance features yield a high return on investment, giving you confidence in your home improvement decisions.

Does Hardwood Flooring Have Any Downsides?

Hardwood flooring has several downsides worth considering, including the following:

Vulnerable to moisture

Aside from their steep upfront costs, they are not moisture resistant. Water absorption can make wood expand over time.

For this reason, we strongly recommend using porcelain or ceramic tiles in high-moisture indoor areas, including bathrooms and kitchens.

Can be noisy

Hardwood flooring isn’t ideal for homeowners who value quiet and private spaces as it can have a tendency to squeak and creak. You can avoid this scenario with proper installation and maintenance.

Prone to surface damage

Hardwood floors are prone to scratches and dents in high-traffic areas. Installing distressed hardwood can offset and camouflage surface damage, giving you peace of mind.

Slippery

Waxed or polished hardwood floors can become slippery and pose a risk to the safety of young children, older adults, and pets. Non-slippery finishes, such as matte or satin, significantly lower this risk.

Despite these potential drawbacks, hardwood flooring can significantly increase your home’s value. Taking the necessary precautions, such as strategic and proper installation, regular maintenance, and using non-slippery finishes, helps Australian homeowners maximise their long-term advantages.

Economic and Environmental Considerations

The Australian home building experience has undergone a significant paradigm shift recently. Homeowners have become increasingly environmentally conscious and prefer sustainable features with minimal ecological impact.

Fortunately, manufacturers source hardwood flooring from sustainably managed forests and responsibly certified suppliers, ensuring that it doesn’t compromise natural resources and ecosystems. Since hardwood floors are a renewable resource, homeowners can ask their contractors to recycle or repurpose them.

Finally, hardwood flooring’s enduring longevity ensures less frequent replacements and a lower environmental impact.

Hardwood Floors: A Tremendous Asset to Home Resale Value

Real estate experts have proven that hardwood floors can significantly increase home resale value. Surveys have shown that homes with these fixtures usually sell faster than those with other flooring types. Not only that, but homeowners can also recoup 80% of their hardwood flooring installation costs when they sell their residence.

Homes with hardwood floors have timeless elegance that appeals to many potential buyers. This fixture has appealed to numerous homeowners for over four hundred years. Regardless of market diversity and preference, hardwood flooring can help you sell your home, providing you with a smart, long-term investment.

Conclusion

Hardwood flooring increases home resale value because of its timeless appeal, sustainability, durability, and sophistication. This floor type has endured the test of time and transcended numerous generations of homeowners worldwide. Installing hardwood flooring is not just an aesthetic upgrade, but it’s also a savvy investment that secures your long-term future.

Ezy Decking is Australia’s trusted provider of premium, cost-effective hybrid flooring. Contact us today to schedule an appointment, receive a personalised, upfront quotation, arrange an on-site inspection, and experience high-quality and affordable flooring installation.