What’s the best flooring for investment properties?
When it comes to choosing the right flooring for your investment property, there’s no one-size-fits-all solution. It depends entirely on your budget and the type of tenants you want to attract.
Overall, most tenants prefer hardwood flooring because it’s easy to look after and keep clean. Their second choice would be tiles because of the same reason. Carpet is generally last on the list because it takes more effort to maintain and spills and accidents are likely to happen as part of normal life.
So, let’s look at the pros and cons of each.
Hardwood floors for rentals
This is most likely one of the most expensive flooring solutions to purchase and install. However, floorboards are highly durable and very easy to maintain. Floorboards are also much warmer than tiles in winter.
Although there’s the likelihood of some scratching and staining, it is possible to sand and re-polish floorboards every few years between tenants if necessary.
This is also a good option for tenants with pets as the floorboards just need a sweep to remove pet hair. And, pets are unlikely to be able to scratch a good-quality hardwood floor.
You’ll also find that having hardwood floors in your home will greatly improve its resale value.
If you want the convenience of a hardwood floor but not the expensive, you could also consider vinyl plank flooring. This is not as expensive to purchase and lay but does offer some durability.
Like traditional hardwood, vinyl plank flooring can be scratched and stained over time. But, if you’ve purchased good quality planks, it may only be necessary to replace some of them in between tenants if they become damaged.
One of the most durable options for rental properties are tiled floors. These are also great for pet owners because they’re very easy to keep clean. You’ll also find that flooring tiles range in price so you should be able to find ones to suit your budget.
One of the problems with tiles is that they are cold and don’t provide any insulation. This can mean that your tenants will pay more to heat and cool the house. Another issue with tiles is that they can crack if heavy objects are dropped onto them. If you’ve purchased extra tiles, though, you might only have to replace one or two if they become damaged.
In addition, the grouting can start to look grimy after a while and may need to be expertly cleaned or replaced.
Carpets for rentals
Carpet is one of the least favoured flooring by tenants. This is because carpet takes much more effort to maintain and keep clean. However, the benefit of carpet is that it provides greater insulation for the home.
The downside is that carpet can easily become stained even with the most fastidious tenants. Accidents do happen and are often unavoidable.
However, carpet is often one of the cheaper options and can be replaced between tenants. If you want to choose this option, go for a hard-wearing carpet like solution-dyed nylon carpet. This is generally good value, is quite durable and easy to keep clean.
We know what quality tenants prefer in the Inner West
Can we help you choose flooring for your Inner West investment property? We know and understand exactly what quality tenants prefer as far as flooring goes. We can give you some options to consider that will suit your budget.
So, why not give us a call at Vogue Property. We’re here to help.
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