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Do Hardwood Floors Increase The Value Of Your Home?

16 Dec 2021

Hardwood floors are one of the most popular flooring types for homeowners to choose from. They are durable, versatile, and look great in any home - but does installing a hardwood floor increase the value of your home?

Check out this article for some helpful insights into how much value a new hardwood timber floor can add to your property to help you make the decision to install or not to install.

Do Hardwood Floors Increase The Value Of Your Home?

Hardwood floors are one of the most popular flooring types for homeowners to choose from. They are durable, versatile, and look great in any home. The benefits of hardwood floors don't stop there though.

But does the price you pay for them result in an increase in your property value? It's a question that many people ask themselves before they decide to install new hardwoods. If you're on the fence about whether or not it is worth it, this article will help answer your questions and give you some insight into how much more money you can make by installing new hardwoods.

How much do hardwood floors increase home value?

Yes! A hardwood floor does increase your homes value, but by how much?

But don’t just take our word for it. We spoke with successful agent, Ryan Woo from Stone Real Estate in Sydney’s North Shore, to get his low-down on how hardwood flooring can add value to your home.

So how much value does hardwood floors bring to a home when selling? Ryan explains hardwood floors ‘make the home look more attractive, which can increase buyer interest.’ He shares ‘most people prefer timber flooring because they are seen as low maintenance, durable, allergy-free and modern.’

When asked how do homes with hardwood floors compare to homes with carpet when selling, Ryan says ‘they often increase the visual appeal of the home and make them look more modern.’ He adds they ‘can enhance the space to make it feel bigger.’

We also cut right to the chase and asked if it’s worth renovating your home's flooring to hardwood floors to increase value when selling to which Ryan affirms ‘yes, based on the above points.’ Hardwood floors have an ‘overall increasing appeal to buyers’

What type of engineered timber will add value to your home when selling?

Choosing the right timber flooring can be a daunting task. With so many options to choose from, it can be hard to know which one will add value to your home when selling. Coloured engineered timber is becoming a popular choice for homeowners and finding the perfect product for your space depends on the overall vibe of your home.

If you’re looking to celebrate everything Australian, our Australian Collection is perfect for you. It is durable and resilient and the colour hues range from beautiful golden tones, red-brown earthy shades to slightly pink.

If however, your home has a more rustic feel, you can check out our beautiful Relik range. Relik embraces all Havwoods’ ever more popular collection of reclaimed timbers and reproduction reclaimed timbers under one range. Sourced from two different mills, one British owned and one Dutch, it includes reproduction as well as genuine reclaimed products.

On the other hand, if your home embraces a more coastal look, we recommend you check out our post on interior design ideas for a beach-chic bedroom to take inspiration from to apply to your home.

A classic and timeless look that brings a touch of opulence to any space, Chevron and Herringbone are two of the most popular engineered timber flooring designs. Not sure what the difference is? Check out our helpful explainer: Chevron flooring vs Herringbone flooring: what's the difference?

EXPLORE THE FULL RANGE

Want to see how Hardwood floors would feel to your home? 

Hardwood floors are a popular choice for homeowners because they offer many benefits. Some of these include being durable, versatile, and looking great in any home. They also do increase your property value.

Want to make a change to your flooring but aren’t sure which style is right? Check out the Havwoods Floor Visualiser tool to visualise our vast range of options in your own home or office.

You can also request a free flooring sample online or contact our friendly team today.