Does laminate flooring hurt resale value?

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Bottom Line. Laminate flooring, in good condition, improves the value of the home over traditional wall-to-wall carpeting. However, hardwood floors are still more valuable to potential buyers than laminate flooring.

Does laminate floor add value to house?

In high-traffic areas it can show wear and tear, and laminate can’t be sanded or refinished for an updated appearance. Because of its lower price point, laminate also won’t do much for your home’s resale value.

Is laminate or vinyl better for resale value?

Even so, vinyl flooring generally will bring in a lower resale value than laminate flooring. High-quality laminate floor ranks below solid hardwood and engineered wood for resale value. But laminate flooring still commands a higher resale value than most types of vinyl flooring.

What kind of flooring is best for resale value?

While new styles of luxury laminate flooring look beautiful, hardwood tends to be the best flooring to increase home value. Made of natural materials, hardwood exudes a luxurious aesthetic in any home whether it’s old or brand new.

Which is better laminate or vinyl wood flooring?

Vinyl stands up the best against excess moisture and spills, and it can be less expensive than laminate. However, laminate gives a more realistic wood look to enhance the design aesthetic in your home.

Does vinyl plank flooring devalue a home?

You should also keep in mind that vinyl plank and tile flooring might not increase the value of your home as much as laminate flooring. However, vinyl flooring can still make all the difference in how long your floors will last, which could be vital as we head into a more competitive real estate market.