In my market, cosmetic updates is where you'll see money back upon the sale of the home. But there are certain maintenance items that need to be in order (roof, heating system, electrical, siding, etc.) in order for you to get what your house is worth -- but they don't necessarily add a whole lot of value.
I agree with everyone that says it might not add actual 'value' in terms of dollars but it definitely would add 'appeal' which typically leads to a quicker sale when compared to competing homes in the same area with sub-standard features and amenities.
I often have buyers in San Tan Valley as well and I'd love to view your home if you have it currently listed.
Realty ONE Group
Michael Foster http://www.bosscarpetonedixon.com
I would like to view the vinyl and your home to give you advice on what should or should not be done. I would not want you to spend money that is not needed. I am happy to meet you at your convenience to walk through your home and give you advice on how to prepare it to sell quickly for top dollar. Please give me a call at your convenience.
Tiffany Carlson- Richison
Realty One Group
Awarded as a Top 40 Agent under 40 in 2013 and 2014 from SEVRAR
Awarded 2014 REAL TRENDS America's Best Real Estate Agents in 2014
The answer to your question is yes - it can help the home sell faster (usually). Most buyers are looking for move-in ready condition; this includes updated tile flooring, carpet and paint as a minimum (granite countertops & SS appliances are a plus). With competition with new home sales in your area (STValley & QC); it's probably best to do the tile floor updates on your home... you can do this for a modest amount by choosing a neutral ceramic or porcelain tile - one that's on sale - for example.
Best of luck!
If you are considering a DIY project, there are real considerations you must take.
I would advise hiring professional floor stripper to prepare the floor before any tile activity starts.
A bad tile job will prove to be a liability.
Pick classic design. Everyone reading will see images when I say 1980's tile. Avoid that result.