Debating wether to put Vinyl or Carpet in a lower class apartment. Vinyl is about twice the cost but won’t have have to be replaced as fast as carpet.
Will vinyl bring slightly higher rent?
Is it worth the investment?
I figure I’ll be replacing carpet very frequently but my contractor thinks I’d be replacing the vinyl fairly frequently as well. He also doesn’t seem to think it will pull all that much more rent.
-Multi-Family Investor in Clarksville
“Buy and Hold!”
@John Williams Luxury Vinyl Plank (LVP)...all the way. Worth its weight in gold...quick and easy to install...click-lock and waterproof. Lots of available styles now.
We like the vinyl plank tiles --home depot brand. Looks fantastic, the subfloor does not need to be perfect, you can even skip underlayment if you want to, although you can tell if you do. My renters LOVE hard floor. Does it bring in more rent? A little, I would think. We live in a small town, and I go more off bed/bath and other things. But it will fill vacancies faster, they really love it. Does it out last carpet, yes. Your agent is totally wrong in my opinion. We have 5 kids, 2 huge dogs=no damage, in one of the rentals, the only damage was from the tenant dragging something heavy accross the floor. (File cabinet maybe?) I fixed the scratch with "floor crayons", and YOU CAN'T TELL IT WAS THERE. Easy to clean. Love it. Carpet is frequently seen as unsanitary, and tenants don't like to have to lose their deposits to carpet stains, which are inevitable with kids.
If you are looking to install new flooring, Then vinyl tile flooring will make you choose a flooring material that is both durable and attractive.
Agree with all .. LVT is the way to go. The Select Surfaces product sold by Sams Club is VERY thick (14 mm) and under $2 per foot for the material cost if you buy in the store.
@John Williams LVT all the way! Carpet holds stains, odors, and other unpleasant things. Hard flooring is what everyone loves nowadays. Easy to sweep or mop, looks nice and shiny with minimal effort, and can be covered with a rug if someone wants to.
We have even installed vinyl plank in residential care facilities...we installed some about 7 years ago and they are still looking and performing great! So much better than carpet.
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