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What Kind of Flooring Increases Home Value?

Dusty Rhodes • November 21, 2022

Of all of the fundamental features that can affect the value and perception of a home, flooring is often the most overlooked. If you’re planning to sell your home and want to understand where to invest your time, energy, and money in remodeling projects that will increase value, you need to take a hard look at your flooring.


“Besides the basics like your roof and mechanical things, flooring is the next most important factor that influences how buyers feel about your home. It sets the tone and mood for the entire home,” explains Joseph Singsheim, a top real estate agent in Milwaukee, Wisconsin, who sells homes 43% quicker than the average agent in his area.


When it comes to flooring, there are lots of options to choose from, and lots of factors that may influence which type of flooring is best for your situation.


We researched the top flooring reports and spoke to expert real estate agents to create this guide to help you make the most informed decisions about flooring. Here’s exactly what to make of your home’s floors, and what flooring investments are worth the effort.


Which types of flooring do buyers look for?

It’s no surprise — hardwood flooring has long been the top choice for buyers and agents alike, and remains so in today’s market. According to a recent study conducted by the National Association of Realtors®, 90% of homeowners who upgrade to hardwood floors have a greater desire to be home and 77% have an increased sense of enjoyment when they are home.


Additionally, the same study showed that refinishing hardwood floors yielded 147% cost recovery, and installing new wood floors yielded 118% cost recovery in terms of the increased resale value as compared to the cost of the project.


Hardwoods are a solid flooring choice, with a few styles making it to the top of everyone’s list; but you can still make a great sale on your home even if it isn’t fully decked out in the materials of the moment.


There are other budget-friendly options that may provide a fantastic aesthetic and durable functionality. According to Singsheim, “There’s been quite a big change in the last few years. Twenty years ago carpet was in, and then the hardwoods started coming back. But now we’re trending toward the luxury vinyl tile and laminate type of flooring.”


Which type of flooring provides the best value to home sellers?

At the end of the day, you need to consider more than just which type of flooring buyers want most. If you’re prepping your home to sell for the highest value, you have to factor in your home’s current condition and the cost of various flooring options weighed against the potential increase in value for each option.


To help you make an informed decision, reference this table to consider the cost and potential return on investment (ROI) for each potential flooring option.

Which rooms matter most when it comes to flooring and home value?

Contrary to what all those home renovations on HGTV made you think, not every room needs to have the ideal flooring; there are definitely rooms where it matters more than others. Additionally, the ideal type of flooring may be different for each room.


The main areas of the home, such as the entryway, living areas, dining areas, and kitchen, are typically the first that buyers will see and will set the mood and tone for the rest of the home. Getting the flooring right in these areas is the first priority.


Ashlynn Petrocco, a top real estate agent in Dallas, Texas who’s sold homes in as few as seven days, explains that buyers want to see hard surfaces in the main areas of the home. “Wood flooring or even laminate,” she says, “and anything hard surface over carpet.”


While Singsheim agrees that hardwood or a similarly-looking luxury vinyl flooring option is best for the main areas, it can be tasteful to use a nice marble, stone, ceramic, or porcelain tile floor for the main entryway and/or mudroom. “Tile flooring, in general, has always been popular. These are great for landings inside doorways and can be used in tandem with other floorings when done well.”


As for the bedrooms (especially on the top floor), believe it or not, carpet is still a good choice. “A lot of people still use carpet on the second floor instead of the first,” explains Singsheim. “It can help reduce noise, especially when there are young children, it’s more comfortable in areas where you may be spending more time on the ground, and it keeps the floors warmer.”


So while hardwood may be more aesthetically pleasing, it’s okay to choose comfort in bedrooms.


Here are a few general tips when considering flooring for various rooms:

  1. Hard surfaces are typically better than carpet (except for upstairs bedrooms).
  2. Hardwood is a great choice, but luxury vinyl can look just as good at a lower price.
  3. Keep your flooring consistent throughout the home as much as possible.
  4. Tasteful variation is okay in a limited sense (such as a nice tile entryway or bathroom) but don’t let different types of flooring meet in high traffic areas.


How do you get your floors ready for the home sale?

Excessive wear and tear on the flooring will drive buyers away. So focusing on getting your flooring right before listing the house is an important step.


Singsheim cites the condition of the floor as one of the main reasons that buyers walk away from a sale. “It’s a big expense for a lot of people… It’s not like painting or other things that can be done after moving in. With flooring, you can’t move in until it’s done.”


Here’s how to get floors ready for an open house:


Evaluate the carpets with a critical eye

Carpets aren’t really en vogue today but whether or not the carpeting works in the home comes down to where it’s located. “If carpet is in the bedroom, and in good condition, then that’s OK. Buyers are OK with carpet when it’s clean” explains Petrocco.

When looking at carpets, think of how buyers would feel and try to see the floors with fresh eyes.


Ask yourself these questions to determine if your carpets are in good shape, and be honest.


  1. Would you think the carpet was recently installed if this were the first time you saw it?
  2. Would you walk barefoot through the house?
  3. Would you let a baby play on the floor?
  4. Does the 5-second rule apply if you drop your favorite snack on the floor?


If the answers to these questions leave you shaking your head, then it’s time for a replacement. Petrocco summarizes her rule on carpeting as follows, “If you’re going to keep the carpet, make sure it’s fresh.”


Repair hardwood floors

Proper hardwood floor maintenance may considerably increase a home’s value. But, completely redoing hardwood floors is an expensive undertaking if you don’t plan on staying in a home. Rather than making that kind of investment right away, work with a real estate agent to see what can be done to treat the floors first.

A combination of quick fixes and conditioning might be all it takes to get antique floors looking like they just came from the sawmill. “Depending on the condition,” Petrocco says, “Murphy’s Oil Soap or any other floor conditioning can go a long way, you’d be surprised.”

At a bare minimum, here are ways to bring hardwood floors up to code:

  1. Make sure floors are even, not creaking, and individually damaged pieces are repaired or replaced. Here’s a quick video tutorial on repairing wood floors.
  2. Clean and treat worn floors to give them a new sheen. Even a little bit of effort can go a long way in making old floors look brand new. Check out this tutorial with a video on how to get that done.


Consider flooring alternatives


Synthetic home applications are getting better all the time, and flooring is no exception.


According to a 2021 survey conducted by 50 Floor, laminate and vinyl flooring options were right behind hardwood flooring as the preferred option for redoing floors, capturing nearly one-third of respondents.


Floor Covering News, a national research-based publication, recently reported that resilient flooring (a blanket term used for most synthetic options) holds 22% of the total flooring market in volume and increased more than 185% since 2010 — meaning more people are choosing vinyl over wood or carpet every single year.


“Not only is luxury vinyl flooring cost-effective, but it comes in so many different and modern patterns that it can pretty much go with anything to get the feel of an updated home without a huge expense,” says Singsheim.


Faux-wood vinyl flooring is cost-effective, easy to install, offers a huge variety to choose from, and has even more perks besides. Not all vinyl is soft, and some offer extreme scratch-resistant and pet-proofing qualities that will go a long way with buyers.


Partner with a top agent who knows what buyers want in your market

Just like walls and surfaces, floors should be at their best during home showings. While hardwood floors are generally preferred, there are more synthetic options now than ever before to give your home a modern look without a huge expense.


Set aside time with an agent during initial meetings to determine what the floors in your home need. Whether it’s a quick clean or a full replacement, it’ll pay off when the buyers arrive.


Source: HomeLight


Dusty Rhodes Properties is the Best Realtor in Myrtle Beach! We do everything in our power to help you find the home of your dreams. With experience, expertise, and passion, we are the perfect partner for you in Myrtle Beach, South Carolina. We love what we do and it shows. With more than 22 years of experience in the field, we know our industry like the back of our hands. There’s no challenge too big or too small, and we dedicate our utmost energy to every project we take on. We search thousands of the active and new listings from Aynor, Carolina Forest, Conway, Garden City Beach, Longs, Loris, Murrells Inlet, Myrtle Beach, North Myrtle Beach, Pawleys Island, and Surfside Beach real estate listings to find the hottest deals just for you!

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The Secret To Selling This Spring: Start the Prep Work Now

By Dusty Rhodes • February 17, 2025
Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve already got a move on your mind, why not list this spring and take advantage of the added buyer demand ? Since spring is just around the corner, now’s the time to start getting your house market-ready. You’ve got just over a month to do the prep work. And while that may sound like a decent amount of time, it’s going to go by quickly. And you won’t want to rush through this important task – especially this year. The Right Repairs Will Matter More This Spring Right now, two things are true. There are more homes on the market than there have been in years. And buyers are being extra selective. That combination means you need to invest some time and effort in making strategic repairs . And many homeowners already have a jump on this work. In the 2025 Outlook for Home Remodeling , Carlos Martin, Director of the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University , explains : “. . . homeowners are slowly but surely expanding the pace and scope of projects compared to the last couple years.” And the most common projects they’re tackling are replacing water heaters, HVAC units, and flooring. Energy efficiency is a key consideration too, based on home improvement data from the Census. What To Prioritize as You Plan Ahead But just because that’s what other homeowners are doing, it doesn’t mean that’s what you have to tackle. Think about what you’d want to see if you were a buyer. Focus on quick wins that are easy to knock out with the time you have – but, don’t ignore key repairs, especially ones you think could turn off buyers. While big-ticket items like replacing an old roof or outdated flooring may seem daunting, they can pay off – especially if you focus on projects with the best return on investment (ROI). An agent’s expertise is key in narrowing down your list to what’s actually worth it. They know what buyers in your area want and they also have data like this report from Zonda to guide you on which updates have the best ROI ( see green in the graph below ):

41 housing markets where inventory just tipped in favor of buyers

By Dusty Rhodes • February 10, 2025
Among the nation’s 200 largest housing markets, these 41 metro areas now have active inventory at or above 2019 pre-pandemic levels. While homebuyers and home sellers still see headlines about the housing market being a seller’s market and national home prices reaching all-time highs, a deeper look reveals that several regional housing markets have shifted, giving homebuyers some power. During the pandemic housing boom, from summer 2020 to spring 2022, the number of active homes for sale in most housing markets plummeted as homebuyer demand quickly absorbed almost everything that came up for sale. Fast-forward to the current housing market, and the places where active inventory has rebounded to 2019 levels (due to strained affordability suppressing buyer demand) are now the very places where homebuyers hold the most power. At the end of January 2025, national active inventory for sale was still 25% below January 2019 levels. However, more and more regional markets are surpassing that threshold. Among the nation’s 200 largest metro area housing markets, 41 markets ended January 2025 with more active homes for sale than they had in pre-pandemic January 2019. These are the places where homebuyers will be able to find the most leverage or market balance in 2025.

Selling vs. Renting Out Your House: Which Is Right for You?

By Dusty Rhodes • February 3, 2025
Leaving your current house and moving to another one gives you a few options. While most homeowners choose to sell outright, many opt to keep their old home and rent it out instead. This decision can be influenced by several factors: a strong rental market in your area, the advantage of a low current mortgage rate, or challenges in selling the house at the desired price. If you’re wondering whether to sell your house or rent it out, there are a few things to consider. Key Takeaways The answer depends on your circumstances, your housing situation, and your current finances. Selling your house may be the right option if you need the proceeds to purchase your next home or could make a profit. Renting out your house may be the right choice if you’re planning to live in your home again, have a low mortgage rate, or are looking for more income. What are the rental prices in the area? Does it make sense to rent your house? In some locations, rental prices can easily cover your mortgage payments. Depending on how much you have left on your mortgage or if you have a low mortgage rate, the rental income from your old house may cover the monthly payments, plus homeowners insurance and property taxes you pay. However, if you’ve recently purchased your house and are looking to rent it out, your mortgage payments may be too high for a lease to cover them. Take a look at houses that compare to yours with regard to size and location. This should give you a ballpark figure on what price your house can lease for. If you aren’t on a tight timeline to leave your current home, take notice of how quickly similar houses in the area take to lease. If rental properties stay empty for more than a few weeks, you may have trouble finding consistent tenants. A real estate agent can help match you with a tenant or give you an idea of your rental prospects. They can also give you insight into whether your location is desirable for tenants. For instance, if it’s near a university or larger employer, you may be able to rent to students or to employees who relocate for that large employer. However, if the house is far from the city center, or you’re located in a residential neighborhood, you may have trouble finding tenants. Do you need equity from your current home? Why are you leaving your old house? Are you purchasing a new home? If you’re planning to upgrade to a larger home, you may need the money from the sale of your old one to place a down payment on your new house. If you have enough equity in your current home, it may make more sense to sell the house instead of renting it. If you’re able to afford the down payment on your new home without selling your current one, usually about 20%, then renting out your old one makes sense. What is the market like in your area? The housing market isn’t consistent across the country, and even different parts of larger metro areas may be more or less robust. If the current market is slow and you think you can sell your home for a higher price in a few years, then it may make sense to rent the house until housing prices rise again. However, if it’s a sellers’ market and you can get the maximum selling price for your home, then selling it may be the better option. Keep in mind that houses that have been rental properties, often have a harder time selling afterward. You may have more wear and tear in the home if multiple tenants have lived there, which may mean spending more to prepare it to show and sell. An experienced real estate agent in your area can help you determine the top vales of your home and whether or not the current market can support that selling price. Agents who have been in the area long enough to become familiar with the housing market are in a good position to help you determine the best time to sell. Will you live in the house again? Consider whether you plan to live in the house or the area again. You may be in a situation that requires temporary relocation, and you plan to return to the original home in a few years. Having a good tenant to live in the house can ensure that your home stays in good condition instead of sitting empty. You’ll also have income from the rental property and building equity in the old home and your new one. Do you have the time and money to be a landlord? For those who are new to investing in rental properties, it may seem easy to rent out their current home and enjoy passive income while paying down their mortgage. However, if this is your first time being a landlord, you may find leasing your property yourself challenging. First, landlords are responsible for making major repairs to the house. Landlords have to fix things like broken pipes, defunct HVAC systems, and structural damage, among other essential repairs. If you don’t have a few thousand dollars on hand to take care of these repairs, you could end up in a bind. There are specific laws in place to protect tenants, including the landlord’s reliability to make major repairs on the house. In addition, there are certain things that you can and can’t do as a landlord. Being aware of Fair Housing Laws is critical to make sure that you don’t inadvertently violate them. Do you need a property manager? A property management company can help vet tenants, collect rents, and arrange for repairs and maintenance on your behalf. A good property management company is also up-to-date on current requirements in your state for landlord obligations. If you’re planning to just lease your house, you may choose to manage the repairs and tenant search yourself, especially if you live nearby. However, if you’re planning to build a portfolio of rental properties, then having one company manage them may be a better option. Property managers can help ensure that your house or houses stay full, including working with local agents, having open houses for prospective tenants, and quickly running background and credit checks for those applying for a lease. As a passive landlord in this situation, you’re able to free yourself of the obligation for emergency repairs and the time searching for people to live in your rental property. Consider rent-to-own Another option when you’re considering whether to sell or rent your house is to engage in a rent-to-own agreement. In these situations, the tenant will place a down payment on the house and make lease payments to you for a specified period. After the lease is up, then the tenant has the option to purchase the home. During the time they’re making lease payments, a portion of those payments will go toward the final price of the house. This option may work for you if the housing market in your area is stagnant, allowing you to cover the mortgage without entering into a long-term obligation to a rental property. These rent-to-own options can be beneficial for tenants, too, as their financial situation may improve enough over time that they’re able to obtain a mortgage. What makes a house a good rental property investment? Does your house have the potential to be a good income property? There are a few things to consider before listing your house for rent. You may have to make some minor repairs and upgrades to your property to attract good tenants who will take care of the house and pay on time. Fresh paint and carpet are usually a must and are required in some areas. The location of your investment property is one of the most important things in determining whether you’ll have steady tenants or be responsible for covering the mortgage out of pocket if the house sits empty. The home’s location can easily make the difference between having a steady tenancy and losing money on the rental property. Final thoughts on renting or selling your home Deciding whether to sell your house or rent depends on carefully analyzing the area and the property’s desirability. Will the area be in high demand for renters, or is it likely that you’ll struggle to find tenants? You’ll also need to take a look at your finances and determine if selling or renting will give you the best return on your investment. Choosing the right real estate agent to advise you in this process can help you answer your question of whether to sell or rent your house.
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