Minneapolis, Minnesota (PRWEB) March 15, 2013
Despite a slowdown in the overall economy, home remodeling involving hardwood surface flooring continued to make inroads in the U.S. floor coverings market in 2012, according to Catalina Research results. "Premium residential neighborhoods have chosen hardwood flooring significantly more often for three years in a row, like we find in our Wayzata home renovations," commented Destiny Homes.
"Twin Cities residential Realtors that I talk with agree- homes with hardwood floors hold their value better, sell homes quicker and fetch higher prices. When buyers have a selection, hardwood floors may well make the difference between selling your home or watching a potential buyer turn around and purchase a home that does," says Butch Sprenger, owner of Destiny Homes.
According to Catalina’s Quarterly Updates, the value of hardwood flooring sales is estimated to have increased three consecutive years by:
4.3% additional gains in 2012
4.4% increase up in 2011
15.8% gain in 2010
Destiny Homes Has Found The Following Benefits of Hardwood Flooring:
Hardwood Flooring Increases A Home's Value - Hardwood floor installations increase the market value of a home and enhance its desirability. The key is quality of wood grade that is used. Top grade suppliers select hardwood devoid of naturally occurring "character marks." Trendy homes designed with a rustic country charm; may find character grades to fit their interior décor. Hiring an experienced professional for floor installation will insure the homeowner's investment and guarantee it is done successfully.
Jim Gould, president of The Floor Covering Institute, commented March 4th after returning from a show in Germany: "Compare today’s floor covering to those of 20 years ago. The improvements are impressive. I am excited and concerned when hard work, money and commitment to excellence made by our industry leaders are often boiled down to the lowest price per square foot". Value for premium hardwood flooring comes with a corresponding cost.
With such high demand for hardwood, some hardwood floor suppliers had a record year for sales in 2012. An astonishing 99 percent of real estate agents responding to the national 2012 survey conducted by the National Wood Flooring Association agreed that homes with hardwood floors are easier to sell. The survey also found that 82 percent believe that homes with hardwood floors sell faster and 90 percent said they would sell for more money.
"We use hardwood flooring when building Twin Cities luxury homes, additionally finding that adding hardwood floors during Minnetonka full house makeovers adds to a room's warmth, sophistication, comfort, and personal style statement," adds Sprenger.
Call Destiny Homes at 952-934-5706 for your home renovation needs.