It doesn’t matter how durable, expensive, or beautiful your flooring is, you will eventually experience some degradation.
It may, however, be after a long time, depending on the quality of the floor type.
You may not know it, but as your floor degrades, the value of your home also goes down with it.
So, when building or remodeling your home, you must be careful to choose a floor type that will significantly add to the value of your home.
Among the several flooring available today, the vinyl is one of the most commonly used.
It is a versatile and affordable flooring type that is designed to resemble high-end floorings closely; this being said, does vinyl flooring add value to your home?
If it does, how much value does it add?
Let’s take a look at how you can add to the value of your home before we answer the question.
How to Increase Your Home Value
You don’t have to wait until you’re ready to sell your property before you take steps to maintain and increase the value.
You may even find it overwhelming to do all the things required to increase the value of your home at once.
Hence, it is imperative to carry out some occasional remodeling activities.
Here are some things you can do to add value to your home.
Reface your cabinets
If you plan to put your home on the market, you want all your kitchen and bathroom interior to look good enough to attract prospective buyers.
A total remodeling will have a very high-cost effect, and if you cannot afford that, you can start with a refacing of the cabinets in your kitchen and bathroom.
If you cannot afford a total remodel, refacing your cabinets is sufficient enough to add considerable value to your home.
Replace your flooring
If your flooring is not in good condition, you should replace it as soon as you get the chance.
Some durable floorings would only require deep cleaning, sanding, buffing, or overlaying.
Nonetheless, several flooring options can add value to your property.
Put it in mind that these various floorings have different levels of versatility, durability, and affordability.
So, as much as you have to consider quality, you should also consider your budget.
Painting is not expensive, and it is an easy DIY project you and your family members can embark on.
You can choose to change the colors and apply new ones, or you can choose to repaint with the same color.
Changing colors may make more sense to the inhabitants, but it does not affect prospective buyers, as long as the painting is done well.
You should pay particular attention to the exterior, as that is where the first impression about any property is gotten.
This is not a visual one, but it can significantly affect the comfort of people living in a house, as well as how much is spent on energy.
If your home has an attic, you will do well to insulate it properly, to prevent the heat loss in winter and cold loss in summer.
Without attic insulation, the value of your property will be greatly depleted, and you may find it challenging to get a buyer if you decide to sell the property.
With a finished attic, you may have to carry out total insulation, but if your attic is unfinished, insulation of the attic floor should be sufficient.
Does Vinyl Flooring Add Value To Your Home?
One of the ways to add to the value of your home is to change the flooring, especially if it is worn out and degraded.
It could be that your flooring doesn’t meet up with the market standard, and you have to upgrade before putting your home on the market, or you could want to do it for personal satisfaction.
Whatever the reason is, the fact remains that you have to choose a suitable flooring type that will add the value you want.
One of the common flooring types today is vinyl flooring.
It has become prevalent for its versatility, affordability, and ability to mimic other floor types closely.
For the purpose of adding value, the different floorings have varying suitability for various spaces in a house, based on their personal properties.
As beautiful and valuable as hardwood is, it is not the best option for areas likely to have liquid spills, as it is permeable to water.
The hardwood flooring will only add value when used for the right space.
One of the peculiar things about vinyl flooring is that you use it in any space in your home.
It is water-resistant, and as such, can be used in kitchens and bathrooms.
On the other hand, the value can be defined by the durability of a floor type. While vinyl is ordinarily not the most durable floor type, it is quite durable and can still withstand high traffic.
If you are concerned about adding value to your home, choose the best grade of vinyl flooring, as they come in different grades.
The best option you can go for when it comes to vinyl flooring is luxury vinyl.
Luxury vinyl comes with multiple layers that ensure top-notch durability.
Also, you have more design options to choose from, as luxury vinyl offers much more than regular vinyl in terms of aesthetics.
Vinyl flooring can add value to your home, whether you are remodeling or building from scratch.
However, you need to choose vinyl materials with the best quality.
While vinyl flooring is not the best flooring type, it does still has some value to add to your home, most notably when you go for luxury vinyl.
You don’t have to use vinyl flooring in all the spaces in your home.
However, in areas like kitchens, bathrooms, and laundry rooms, vinyl flooring can be very valuable because of its water resistance.
Also, with luxury vinyl, you can get a very accurate representation of other high-end floorings.