Usually, when it comes to investing, the first thing that comes to mind are stocks, real estate or retirement funds. However, there’s an often-overlooked investment that is literally right under your feet – your floor.
Choosing the right flooring for your home can have a significant impact on your cost of living and long-term home value.
Let’s start by addressing the upfront cost. Installing quality flooring comes at a price, but it’s important to remember that it’s an expense that pays off in the long run.
Low-quality or outdated flooring may seem like a cost-saving option, but it can end up costing you more in repairs and replacements . Investing in durable and stylish flooring materials like hardwood, laminate, or luxury LVT- vinyl not only enhances your home’s aesthetics but also saves you money in the long term.
One of the key benefits of choosing the right flooring is the increase in your home’s value. A well-maintained and aesthetically pleasing floor can significantly boost your property’s resale value. Potential buyers are often willing to pay more for a home with quality flooring that requires little to no immediate renovation. This not only helps you recoup your initial investment but also puts more money in your pocket when it’s time to sell.
Additionally, your choice can also impact your day-to-day cost of living.
Carpet can act as insulation for your home, keeping warmth in on those colder days and months. LVT and wood are not only durable and sustainable but also easy to clean, making them a cost-effective choice in terms of maintenance. These energy efficiencies can lead to substantial savings on your household bills. Brands such as Victoria, the sustainable Fibre Flooring and Westex are all great brands Rivendell stocks and recommends.
So, while flooring might not be the first thing that comes to mind when considering investments, it’s a crucial element of your home that can have a significant impact on your cost of living and long-term financial goals. By making the right flooring choice, you not only enhance the aesthetics and comfort of your home but also increase its value and save money over time. So, the next time you’re thinking about where to put your hard-earned money, consider what lies beneath your feet – it might just be the best investment underfoot.
If you would like help to discover the best flooring for your home, we offer a free consultation service and home or at our flooring studio in Bedminster, BS3. Call to book your appointment today on 01179637979. Alternatively, please visit our home flooring page where you can download our residential brochure.
This post was written by Merry