Is hardwood really more cost effective than other floor coverings?
Despite the cost of purchasing and installing hardwood floors, they are actually less expensive than vinyl, linoleum, tile and carpet alternatives when you consider maintenance and life expectancy. While hardwood can last 50 years or more, most other floor coverings have an average life span of four to six years. In addition, after 15 or 20 years of use, hardwood flooring can be refinished to give it a fresh, new appearance for about half the cost of replacing carpet or other flooring alternatives. Hardwood flooring can also increase your propertys market value by $7,000 to $10,000 or more. Research shows that 90% of real estate agents think homes with hardwood floors sell faster.