Why Luxury Wood Flooring Adds Value to Your Home

Whether you’re mesmerized by swirling knots or honeycomb-colored blends, captivated by understated or eye-catching grain patterns, or want your home to feel like an ethereal escape or an homage to the natural world—no matter what calls to you, there’s a hardwood species and finish designed to speak just to you.

Hardwood flooring is a timeless testament to elegance and warmth in interior design and home improvement. Wood’s naturally rich hues and intricate grain patterns bring a unique character to any space, creating an inviting atmosphere that inspires comfort and luxury.

Hardwood flooring isn’t just an aesthetic addition to your home—it’s a sound investment that significantly enhances property value. Homeowners are looking for beautiful spaces throughout their homes—and home buyers are willing to pay a premium to make that vision their reality. , wood floors—and particularly wide-plank hardwood floors—are one of the best investments you can make in your home: “…The average ROI for installing hardwood floors is about 70% to 80%, and wood floors can boost the sales price of your home as much as 2.5%.”

Let’s delve into the world of hardwood flooring, and we’ll explore why wood floors are unmatched when elevating your home’s worth and appeal.

Endless Inspiration for the Floor of Your Dreams

GET DESIGN BOOK

The Value of Hardwood Flooring

Hardwood floors are an investment, but they can also substantially increase the value of your home. One industry survey by the National Wood Flooring Association concluded that real wood flooring adds value to the home significantly more than other options like tile and laminate. Real estate professionals and homebuyers often value homes with hardwood floors more highly.

Here are some key points to consider:

Attractiveness to Buyers: That same survey revealed the top three attributes consumers consider when choosing flooring: durability, attractiveness, and ease of cleaning. In all three categories, hardwood flooring shines, making it a desirable, high-end amenity valued by homebuyers. Hardwood’s practical, timeless appeal can make your home more attractive to many buyers, potentially leading to higher offers.

Longevity and Durability: Hardwood floors are known for their durability and can last decades with proper care. Did you know that hardwood floors are often the longest-lasting part of a home? They’re also easy to clean and care for, making them a sensible choice for families looking to invest in the right home.

Return on Investment (ROI): Of course, the exact ROI for hardwood floors will vary based on a variety of factors, including the type of wood used, the quality of the installation, the overall housing market, and the location of the home. However, many homeowners find that installing hardwood floors can provide a substantial return on investment. Sometimes, the home value increase can exceed the floors’ initial cost. It’s always a good idea to consult with a real estate professional in your area to better understand how hardwood floors might impact your home’s value.

Types and Styles of Luxury Wood Floors That Retain Value

As any homeowner or designer knows, hardwood floors offer a lot of customizability. What types and styles of hardwood floors best retain value? Several factors come into play.

Wide Plank Hardwood Floors: Wide plank floors are particularly popular and valuable for resale. With far fewer seams, they add luxury, elegance, and formality to any room. They’re the perfect subtle wow factor—proof that sometimes less is more.

Wood Species: Different wood species can impact your home’s value. Some species, like Oak, are known for their robustness and classic appeal. However, in certain locations, domestic hardwoods may be more in demand.

Floor Finish: The floor’s finish is significant in its value. A well-maintained hardwood floor with a high-quality finish can significantly enhance the aesthetic appeal of a home, contributing to its overall value. Quality hardwood floors with a 4mm wear layer can be refinished a few times over their lifespan, so sometimes a dull, aged-looking existing floor doesn’t need to be replaced—it just needs a little facelift and some TLC.

Luxury Wood Flooring Options: Luxury wood flooring, such as that offered by Carlisle Wide Plank Floors, is crafted with greater care, using finer materials and an emphasis on design. These floors may be made with solid hardwoods, engineered floorboards, or reclaimed timbers from old buildings. Style meets function in these striking options, transforming your floor from a foundation to a focal point.

Additional luxury wood flooring options include:

• Patterned or Parquet Floors: The floorboards are arranged in a pattern rather than laid out in straight parallel lines. Common patterns include Herringbone, Chevron, and Versailles.
• Distressed or Textured Floors: These floors are treated with a variety of techniques that add texture, re-create imperfections, or gently wear down the grain to create a floor that appears to be much older.
• Engineered Wood Floors: These floors are made with floorboards constructed from multiple material layers rather than solid hardwood. This construction makes engineered floors ideal for installation in areas with higher relative humidity.
• Reclaimed Wood Floors: These floors are made with planks cut from timbers salvaged from old barns, factories, homes, and other buildings slated for demolition, creating a floor with a sense of character and history.
• Prefinished Wood Flooring: With prefinished wood flooring, the floorboards are cut, sanded, stained, and sealed in factory-controlled conditions before they are shipped to a job site for installation.

The Carlisle Difference

Choosing luxury wood flooring enhances the aesthetic appeal of your home and is a sound investment that adds significant value. With Carlisle Wide Plank Floors, you’re not just getting a floor; you’re getting a masterpiece that’s truly an expression of you, crafted with unmatched pride, passion, and purpose.

FAQs

How much can hardwood floors increase my home’s value?
While the exact increase can vary, hardwood floors significantly increase a home’s value. Factors like the type of wood used, the condition of the floors, and market trends can all impact the exact value increase.

What types of hardwood floors best retain value?
Wide plank hardwood floors and certain species of wood, like Oak, are known to retain value well. However, the choice can depend on regional preferences and trends.

How does the finish of a hardwood floor affect its value?
The finish of a hardwood floor can significantly impact its aesthetic appeal and durability. A high-quality finish enhances the natural beauty of the wood and provides protection against wear and tear, thereby contributing to the floor’s value.

Can hardwood floors change over time?
Yes, hardwood floors can change over time due to sunlight exposure and the floor’s finish. Regular maintenance and care can help manage these changes and maintain the floor’s value.