Posts Tagged ‘flooring values’
Flooring Values in a Changing Market
Why is looking for flooring values important? Money is tight so flipping a home is now riskier then ever. Yet to a shrewd investor, there are still opportunities. One might argue that a person with a keen eye and good common sense can actually still do quite well. I have seen such examples first hand, and while some cases in one area won’t work well in another, let me share some basics as they pertain to hardwood flooring.
Make the investment where it is noticed first. As we enter a home or a room, impressions are made, so WOW them from standing in the doorway looking in. An entrance way dome in a smooth, flat and decidedly REAL hardwood will give an immediate impression of quality as well as a psychological feeling of warmth and stability. These ‘impressions’ right off the bat, are very easy to obtain using even inexpensive unfinished flooring and doing a fair or better job of lightly sanding and finishing. A pre-finished floor will be seen as better then cold hard tile or carpet that has no resale value…but its still a cheap ‘quick fix’ look compared to a floor that is site finished. And NEVER insult your would be buyers with the laminate products, they are often seen as something that needs to be removed in order to even sell.
