The flooring you choose is a fundamental component of your home. Each flooring can generate a theme in the room as well as come with its own sets of functionalities. You want to make sure you are selecting the best flooring option for your home’s need. In a rental property, you want to find a cost-effective floor that can take a beating from your residents and does not need to be replaced repeatedly between renters. To help, here are three things you should know:
Appealing to the Masses
You want to find an aesthetically-pleasing floor to help close the sale on your home. Never pick a trendy flooring style for rental properties. While this may be your favorite flooring choice, tailoring your floor to the market is vital. Find out what other rental properties use in the surrounding areas.
Durability
Durability is also paramount. Ideally, you want the flooring to last longer than your tenants’ stay and into your next set of renters. However, this may not always happen. Look for durable, stain-resistant carpet if you decide to add soft flooring. If you want a more solid surface option, you have four primary contenders: tile, vinyl planking, solid hardwood, and engineered hardwood. Each has its pros and cons. Some of the floorings cannot handle high humidity or wet areas very well. Make sure you know which floorings are best in which environments before investing.
Affordability
Your next key factor will be affordability. You really need to invest in your market. Find out what is in homes that are renting around your area. “Cheaper” does not always mean it is best for the sale. Try to find an affordable flooring that can continue with the home because flooring is an investment which needs to last. However, do not overspend or personalize a rental to your own desire. While tile and hardwood may seem expensive, there are always less expensive versions of each.
Staying with uniform flooring in the home can help increase the chances of it being rented on the market. Study what renters are looking for in your area and tailor it to them. Never pick a trendy floor or a color that can deter renters. It is all about appealing to the masses while finding an affordable yet durable product.
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