The thing people often expect is that the improvement is going to add more value to the home than it costs, and that is almost never the case. Usually, the item being replaced has some value. I presume the carpets aren't all trashed and are maybe even in fairly good condition. OK, so that value goes into the dumpster with the carpet!
Then, there's the complexity of the new project. It's not enough to just get new flooring and install it properly, aesthetic decisions have to be made and they will affect the value of the project. Which is why I strongly recommend enlisting the help of a professional interior decorator or designer to collaborate with.
Generally speaking, the finishes in a new home have been selected by a designer or someone with a skilled and trained eye. Tinkering with that often detracts from the value of a home. Older homes that have been remodeled and "updated" often have design choices that make them less desirable to purchasers, even as they make the home more comfortable and functional for the home owners.
All the best,
Upgrading your home to current styles and designs will always add appeal and this is a part of determination.
The market value in your area, what people are willing to pay is a big consideration.
What is you motivation, to increase the appraised value, or to increase you selling price?
Also to consider updating from outdated or distressed is always a good investment, but upgrading from good condition may not have a full return of investment.
As to improving your property to sell. Upgrading flooring from carpet to hardwood and vinyl to tile will increase the value of your property if you select a color and pattern that is more neutral and widely appreciated. Tile should be laid on the diagonal or a basketweave pattern rather than in straight lines. This helps hide the uneven walls which can often be unsightly. This costs more so ask your tile installer.
I am somewhat of a realist My advise to my clients making any type of an improvement is do it for yourself.To many folks will make extensive upgrades or renovations to their home thinking they will automatically increase the cost of the home when they decide to sell. Not so,while wood and other hard surface floors are beautiful if you choose the wrong colors or type of floor it is more difficult to change for the new buyers. For me, I like wood the look and feel, easy to clean, low maintenance. The improvements could have your home on the market a shorter period of time and that alone could "add value".
Best of Luck!
Tile is a great surface for Baths and Kitchens (seal your grout)
most consumers see it as a plus, but always keep in mind value is in the eye of the buyer....don't be too personal in your slections...neutral colors stand the test of time.
Removing any sheet final is allways a plus, although you can dura-rock over it and then do tile.
Hard wood flooring would add value in areas such as dining and living areas, but we all no that " paint " is overall the big seller, neutral colors not just white
Thank you for the question, I live in Iowa, have family in Wyoming, Pennsylvania and Arkansas, and I can tell you that removing carpet and vinyl and replacing them with hardwood floors and tile will increase the value in the above mentioned states. Having said that, bear in mind that as with bright or loud paint colors some "strong" colored wood flooring may turn some people off. Same with tile, I usually recommend going with a neutral (not beige or tan) or very natural color wood and tile. You also have a lot of people with allergies, hord surfaces don't hold on to dust and other allergens as well as carpet surfaces.
New Renovations in your Home such as Hard Wood Floors or Porcelain Tiles will definitely add more value to your home,
Any kind of Home Improvements / Remodeling or Updating on your Home will add value.
However hence to Mikel Defrancesco comment "Yes... but it may not add 100% of the cost you put into it'
I totally agree.
definietly do your research before you act on anything!
Prepare a list on what you want done in your home/replaced/ fix or updated.
And go to your Local Home Improvement or Hardware store and compare products and prices to see which is more cost efficient based upon your criteria and what type of improvements you want done in your Home!
Yes it does. Plus hardwood floors are environmentally friendly. Wood is a natural resource that is both renewable and recyclablÂe. Most hardwood floors almost never need to be replaced and can add thousands of dollars to the value of a home. There are many do-it-yourself articles and videos online and at your nearest Home Depot or Loewes store. Its hard work that will pay off in the end.
Licenced Real Estate Agent
showing age. The big plus is if you have pets (we do) it is a lot easier to deal with the occasional accident....
if you decide to sell the house at some point it may ad to the appeal of a pet owner as well.
Cindy Schlee, Realtor
JGR Real Estate