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Posted on 4/2/15 at 11:37 am
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 4/2/15 at 11:37 am
(no message)
This post was edited on 11/10/23 at 4:24 am
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57313 posts
Posted on 4/2/15 at 11:39 am to
10 dollars
Posted by Boondock Saint
The Boondocks
Member since Oct 2005
4532 posts
Posted on 4/2/15 at 11:40 am to
about tree fiddy
Posted by TheWiz
Third World, LA
Member since Aug 2007
11677 posts
Posted on 4/2/15 at 11:41 am to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35541 posts
Posted on 4/2/15 at 11:42 am to
It's more of a cosmetic upgrade than one that adds value. If you want to add value add square footage or redo a kitchen or bathroom.
Posted by crimsonsaint
Member since Nov 2009
37249 posts
Posted on 4/2/15 at 11:42 am to
Well if you put in $10k of flooring I doubt the value would jump up $10k. Probably somewhere in the 50-70% range of that I'd guess.
Posted by RubbaMaka0802
Member since May 2013
523 posts
Posted on 4/2/15 at 11:43 am to
Depends on what kind of shape the floors are in. I wouldn't think replacing ceramic tile with wood adds much, if any, appraised value to a home. Might make it appealing to a larger number of potential buyers but that's about it.
Posted by Bmath
LA
Member since Aug 2010
18668 posts
Posted on 4/2/15 at 11:44 am to
I doubt hardwoods alone would do much to raise the actual value. However, they tend to be more desirable, and could help you to sell your home faster down the road.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58341 posts
Posted on 4/2/15 at 11:46 am to
It may add value in attractiveness of the home, but no real monetary value. IE Your home may sell sooner with "new wood floors" rather than outdated tile.

ETA We changed out wood floors and put newer, updated wood floors down in our home (in addition to new roof and carpeting, and freshly painted the entire inside of the home), and it added $0 in value. House sold very quickly, but got no monetary return on the updates. The location had some influence as well, and limited comps.
This post was edited on 4/2/15 at 11:48 am
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65680 posts
Posted on 4/2/15 at 11:47 am to
Unless the present floors are in horrible condition, you can't make an economic case for replacing them. But as was said, if selling the house is your goal, new and better flooring might improve your chances of a sale but probably with little or no premium directly because of the new floors.
Posted by DirtyMikeandtheBoys
Member since May 2011
19422 posts
Posted on 4/2/15 at 11:48 am to
Bull shite

Going from this:


To this:



will add major $$
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 4/2/15 at 11:48 am to
quote:

could help you to sell your home faster down the road.
there's value in that I suppose

this house is awesome and it's in a great area,

personally I would like to redo the windows (Austin windows suck), but the floors annoy the shite out of me...the tile isn't as gross as other shite I've seen in Austin, but hardwoods are a must
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57313 posts
Posted on 4/2/15 at 11:50 am to
And cost just as much
Posted by DirtyMikeandtheBoys
Member since May 2011
19422 posts
Posted on 4/2/15 at 11:51 am to
quote:

And cost just as much


Not if you know how to lay floors
Posted by Motorboat
At the camp
Member since Oct 2007
22682 posts
Posted on 4/2/15 at 11:52 am to
quote:

Interested in a house, but I don't particularly like the tile flooring.


then the better question is how much does wood flooring cost t install.
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 4/2/15 at 11:53 am to
is there somewhere I could learn this skill?
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 4/2/15 at 11:53 am to
not as much per square foot as nice hardwood flooring as far as I can tell.

My friend is a construction engineer, anyway he'd know how to do this?
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57313 posts
Posted on 4/2/15 at 11:55 am to
What if the people buying the house know how to lay floors?
Posted by BabyTac
Austin, TX
Member since Jun 2008
12135 posts
Posted on 4/2/15 at 11:56 am to
House appraisals are based on square footage and value of homes in the neighborhood.

So your answer is zero, although updates/flooring may help it sell quicker or be more appealing to a buyer.
Posted by cpaulk
denham springs
Member since Dec 2007
520 posts
Posted on 4/2/15 at 11:56 am to
I put new flooring everywhere and my house sold for the asking price in two days!
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