When it comes to selling a home, first impressions matter. Potential buyers want to walk into a space and see a beautiful, clean, and well-maintained home that they can envision themselves living in. One way to make a lasting impression on buyers is by updating floors.

According to the 2022 Remodeling Impact Report, hardwood floors received a 10 out of 10 on the “joy scale” for participating homeowners. Not only will sellers yield significant ROI, but beautiful, updated hardwood floors will bring joy and the desire to put in an offer to potential buyers.

Flooring has a big impact on the overall feel of a home, and one thing that can quickly turn buyers away is wall-to-wall carpet. Not only does carpet instantly create a dated look, but it’s also less hygienic and impractical for pet owners.

Updating floors doesn’t have to be a major time or financial commitment. Depending on market and chosen materials, a flooring facelift can range from $3-8 per square foot and on average can be done in just 3 days. A minimal cost with a major reward that allows you to maintain the original integrity of the home by bringing new life into existing elements.

Hardwood or Luxury Vinyl Plank (LVP) floors are highly sought-after features that can command a higher asking price. According to a recent Zillow study, new wood flooring and refinished existing flooring can yield an ROI of 100% or more.

If your listing is lucky enough to already have hardwood floors but may have an outdated reddish color, refinishing is the quickest and most cost-effective way to make them feel new. If the home has white oak floors, you can easily sand and refinish in a lighter tone.

While buyers will love the look of upgraded floors, it will also give them peace of mind to move in without having to worry about replacing or repairing the floors. This can save buyers time and money, making your home even more appealing.

Hardwood floors are durable and can withstand years of foot traffic and wear and tear. By updating your floors, you can rest assured that they will last for years to come, which is another valuable selling point for potential buyers.

Upgraded floors can attract more buyers, leading to a quicker sale, bidding wars, and higher offers. Buyers are often looking for move-in-ready homes, and updated floors can be the deciding factor in choosing your home over another.

By working with the right partner to upgrade your floors, you can create a welcoming and inviting space that potential buyers will fall in love with without a long timeline or hefty price tag.