When choosing the ideal floors for rental properties, there are many factors you must consider. The most important among these considerations are cost, appearance, and durability.
Rental property floors must be visually appealing because they’re meant to attract new tenants, and they have to be durable because they’re subject to a lot of normal wear and tear. It is critical that they are cost-effective because rental property floors have to be replaced more often than ordinary floors.
Thankfully, there’s a long-lasting, affordable, and aesthetically appealing flooring solution that’s ideal for rental properties.
4 Reasons Why Vinyl Plank Flooring is Perfect for Rental Properties
Whether you’re a tenant, landlord, builder, or property manager, luxury vinyl plank flooring is the perfect flooring option for your rental properties. It comes in a wide range of styles, colors, and patterns. It’s among the most affordable, high-quality flooring on the market.
Let’s dive into four of the primary reasons why vinyl planks should be at the top of your rental property wish list.
1. Scratch- and Moisture-Resistant
Moisture, humidity, and water can be a floor’s worst enemies. Excess water can soak into hardwood or carpets, causing mold to grow. Mold can be highly toxic to people and pets, which can cause severe health conditions. That’s the last thing you want to happen.
Since vinyl planks are water-resistant, it becomes less of a concern. In fact, some types of vinyl are even waterproof. Beyond that, vinyl floors are incredibly durable. They’re resistant to scratches, abrasions, and impact damage. When you choose vinyl planks, you’re getting a reliable, durable flooring option that can last decades.
2. Low-Cost
Another essential consideration for rental properties is cost-effectiveness. When running a multi-family residential property or commercial office space, you’re saddled with many expenses, like property taxes, amenities, property turnaround, marketing, and employee salaries.
Maintenance costs are one of the most significant budget drains faced by rental properties. When something breaks, landlords have to fix it. Of course, tenants may be held responsible for some types of damage, but it’s not always their fault or responsibility.
That’s why property managers and landlords need high-quality and cost-effective flooring solutions. Vinyl plank flooring fits both of those descriptions, so it’s a perfect choice for any residential or commercial rental property.
3. Easy Installation
Vinyl planks are straightforward to install – especially for professionals. This is important because floors in rental properties need to be easy to install for a few reasons. First, if someone is occupying the property at the installation time, you’ll need to coordinate with their schedule. If you’re doing multiple properties at once with active tenants, this can be highly challenging.
Second, time is money, so when floors are harder to install, the labor costs increase. If you’re trying to be cost-effective, this can become a real problem. Easier installations cost less money. It’s as simple as that.
Third, if you do have to replace the floors after a tenant moves out, you need to be able to replace them quickly. Otherwise, you risk losing out on potential rent installing floors for the new tenant.
Finally, not every property manager or landlord has the ability to hire a professional installer. They may elect to install the floors themselves. While we highly recommend that you hire a professional, vinyl planks are much easier for someone with limited experience to install, so they’re a better option for DIYers of any experience level.
4. High-Quality Aesthetic
Property managers and landlords need their floors to look appealing, inviting, and luxurious if they want to attract high-quality tenants. That’s why vinyl plank flooring is perfect for rentals. It carries the sophisticated look and texture of natural hardwood, with a much lower price tag.
Vinyl planks are also incredibly versatile. They come in many different patterns, colors, and styles to mimic the look of whatever wood species you like most. No matter the desired design aesthetic, vinyl planks will elevate your rental property into something chic, modern, and high-end.
Vinyl planks are the optimal flooring solution for rental properties because they are cost-effective, aesthetically appealing, easy to install, and incredibly durable. Low cost shouldn’t mean low quality. Vinyl plank gives you the best of both worlds.