Do Hardwood Floors Add Value?

Many are told that adding hardwood floors adds value to a home, although it isn’t entirely true.  It can add apeal, which then adds value.  But if you are looking for dollar to dollar return, you may need to investigate other upgrading options for your home.

Woods floors can usually make a home a home sell much quicker as polled by many real estate agents.  An appraiser may point out that there are many things to take a look at when evaluating the worth of a home with hardwood flooring, such as their condition, color and quality.  Hardwood floors do not directly increase the appraised value of the home – but really any nice new surface could add value to a home.

It’s best to check out the local neighborhood and see if you are the only home without hardwood in an entryway – as that may cost you.  Not having hardwood floors can take away value IF the buyers are expecting the house to have them.  It an important difference, but something to think about.  This can be carried over into other features of the home, such as landscaping, backyard size and more.