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Can I Afford To Replace My Flooring?

Can I Afford to Replace My Flooring?

 When even the most amazing carpet cleaning company can’t breathe new life into carpet that’s been around the block, it may be time to consider replacing it. While the thought of putting down money for new carpet, laminate, or wood flooring might stoke some anxiety, keep in mind that replacing dated or run down flooring is one of the best ways to increase the value of your home. If you are looking to sell in the near future, replacing aged, unappealing flooring can immediately improve the staging effect and marketing of your home.

Hard surface flooring has lasting power

Hardwood flooring has a long history of adding real value to a property. Hardwood flooring is elegant, durable, and more sanitary than carpet. With proper care, a hardwood floor can last over a hundred years, even outliving the home’s occupants! Though laminate products don’t boast that kind of longevity, a high-quality laminate floor can last upwards of 20-30 years. Laminates continue to improve technologically, becoming increasingly more wood-like in appearance and feel.

Carpet provides coziness

Many homeowners prefer the cozy, soft, warmth of having carpet underfoot, and the quiet it provides a home. A high-quality carpet that gets professionally cleaned twice per year can easily last 10 years, if not longer. Improved stain guard technologies can further increase the lifespan of most carpets today.

Why is Replacing Worn or Dated Flooring Important?

Let’s face it, when carpet gets old it is simply funky. It is not hygienic to live in a home with old carpet, especially if there are pets and children who may have contributed to the current state of the carpet. Because spills and other household accidents seep through the carpet fibers and into the padding beneath, chances are residual odors and stains that seem to instantly reappear after carpet cleaning are good reasons to consider replacement. There are tons of options when it comes to finding quality carpet that will increase your home’s value and the process from purchase to installation is easier than ever!

Another reason is to update the now passé décor finishes in the home. Carpet and wood flooring trends come and go like everything else. Orange shag carpet was all that in 1968, remember? Oak parquet floors were happening in the 70s and early 80s, but now just look dated. Replacing your flooring can give your whole house a style update, and keeping a home current is yet another important practice to ensure maximum market value.

How Can I Pay for New Flooring?

Now, keep in mind that installing new flooring will increase your home value. If you have decided to take the plunge and rip that old carpet or hard flooring up but still struggle with the cost of the new flooring, it is important to know that you have options available. These include:

1. Good old fashioned saving

Put aside a set amount of money each month with the goal of having enough saved to replace your flooring at the end of the year. The amount saved will be based on estimates you receive when shopping for carpet, laminate, or wood flooring. Take that estimate and divide it by twelve, and sock that money away.

2. In-house financing options

Carpet Direct KC offers consumer financing by Synchrony Financial, who has been in the business of assisting customers with their home investment needs since the 1930s. Synchrony Financial can provide interest-free financing for up to 36 months if needed.

3. Credit cards or a home equity lines of credit

Are available options for financing new flooring. However, these financing options are far more expensive than an in-store financial service provider such as Synchrony.

When you are ready to update your existing flooring, there are definitely ways to make it happen. Consider the options listed above and decide which is best suited to your personal financial habits.

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