According to a survey conducted by the National Wood Flooring Association with real estate agents in 2006, 82 percent agreed that homes with hardwood floors sell faster, 90 percent agreed that they sell for more money, and a whopping 99 percent of them said that homes with hardwood floors are easier to sell! Home buyers may be attracted to hardwood floors because of their aesthetic beauty and warmth, but they make practical sense too:
- hardwood is easy to clean and maintain
- hardwood can be renewed by sanding or refinishing
- hardwood promotes a healthier living environment
Should You Have The Floors Refinished?
Anything that improves the appearance of your home (for sale) is a plus, but a complete refinish job of existing hardwood floors can be pricey. It all depends on what you want out of it. If you’re not trying to increase the value of your home but merely looking to get it sold, a simple screen and re-coat (or “buff and coat”) could provide enough to satisfy a potential buyer. And the cost is much lower. (Here’s an insightful article about this option)
And this article will “lead you through the maze of information on green hardwood floors to help you identify the facts.” This wonderful website answers the question “Is hardwood flooring a green choice?” with “an unqualified maybe.” It then goes on to briefly, beautifully, and completely cover hardwood flooring and its’ merits. From there you can read extensively and impressively about green and eco-friendly options like cork and bamboo.
The Upside of a Down Market
No matter what modifications or upgrades you decide to make, this is an excellent time to remodel your home. During real estate slowdowns like this, remodeling costs can be significantly lower because demand is low. And since there isn’t the constant pressure for builders and contractors to get jobs done as quickly and move on to the next one, installers and tradesmen in all aspects of home improvement actually can spend more time on your project too. The results Will have you and your buyers singing “It’s good to touch the green, green floors of home!”
Lara Taylor – Realtor/Broker
Twitter – @AskForLara