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Rehabbing & House Flipping

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Dean R.
  • Flipper/Rehabber
  • Dacula, GA
68
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78
Posts

Value of hardwood floors

Dean R.
  • Flipper/Rehabber
  • Dacula, GA
Posted May 12 2015, 07:57

What additional value would 1000sq feet of engineered Bamboo add to my sales price? Currently it has 494 sq feet. I would be adding an additional 559 sq feet. But replacing all of the wood. The wood in there is very worn. Should I raise my asking price of a custom home in the $340,000 range dollar for dollar cost of the install or what % return should I expect to get on investing in the flooring. I am removing carpet from a dining room and living room and flowing the wood all across an open floor plan. Currently the kitchen has hardwoods and the living room is carpet so there is a break 3 feet off the island. I think it will have a nice wow factor and the homw will be completely renovated. New paint inside and out and the flooring. Thoughts on the value add of that?

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