What is the Best Flooring Option for a Rental Property?
|
|
Time to read 7 min
|
|
Time to read 7 min
Flooring is a significant part of your rental income plan. You want to achieve three important goals when you replace or install your rental property flooring:
Those sound like simple objectives to accomplish, but flooring needs to do more than just look good. Italian marble is pleasing to the eye and will last a long time, but it certainly won’t help keep you profitable. Make sure you’re choosing an option that gives you the benefits and value you need. The ideal flooring option for a rental property should make your tenants feel comfortable and at home, be easy to maintain, and it should be cost-effective, not a budget breaker.:
Vinyl flooring is available in a number of designs and styles and has become the overwhelming choice among homeowners, as well as landlords. It caters to most tenant’s desires and needs because it is:
Bamboo is a relative newcomer to the rental flooring market compared to most other flooring options. Interest in the product is due to a newer manufacturing process called “strand woven” which produces flooring that is stronger than red oak.
Bamboo flooring is a beautifully engineered product and comes in varying colors and patterns, making it adaptable to a wide variety of decorating ideas. It is competitive with other engineered hardwood flooring and is considered eco-friendly and sustainable.
Bamboo is installed like other wood flooring products so if you can glue down or nail regular tongue and groove flooring or snap together click-lock flooring, bamboo can be a DIY installation. Like other wood floorings, bamboo should not be installed below-grade or in areas of high moisture content. It is water-resistant, but not waterproof.
One of the easiest mistakes to make when choosing a carpet is to pick the least expensive option. Carpet is budget-friendly upfront, but if you replace it in 5 years due to wear, it will end up costing you more money over its useful life. There are a number of different styles and colors of carpet on the market, including:
Laminate flooring is often used as an alternative to real hardwood flooring because it mimics the look almost perfectly. It is much less expensive and it is easy to install. Laminate is made of multiple layers and the top transparent layer will determine how durable your flooring will be.
The top layer is rated on an AC (abrasion criteria) rating scale to help you choose the best option for your needs. The rating system starts at AC1 (1 person household) and goes to AC5 (public buildings with heavy commercial traffic). Your rental units should be using laminate with an AC3 or higher rating to ensure you’re getting a product that is durable and will provide good value for your investment.
Laminate flooring is water-resistant, but not waterproof. Therefore it is not recommended for installation over concrete or in areas that are susceptible to high moisture.
Hard ceramic or porcelain tile will perform well in a rental property since it is extremely durable, resists stains, and is mostly waterproof. There are many design options and it is easy to find tiles that look like wood and natural stone – often at a lower price. Porcelain tiles work well in basements, bathrooms, laundry rooms and are even finding their way outside in areas that don’t experience freezing weather, like south Florida.
However, tile also has some disadvantages: It is not a good insulator, the surface of the tile is easy to clean, but the grout can be challenging to clean and can be to be replaced. Porcelain tile is not as comfortable to walk on as other flooring choices.
Engineered hardwood provides the benefits of laminate flooring with the real beauty of solid hardwood. It is more stable than solid hardwood because of its unique construction that incorporates hardwood layers positioned in a different direction from the previous layer and the surface layer is an actual piece of hardwood. This construction allows the flooring to be installed in high moisture areas as well as below-grade in basements.
Engineered hardwood is available in many species, colors, and plank sizes, imitating real wood flooring but without the high cost and the excessive maintenance requirements. Some engineered hardwood can actually be sanded one or more times depending upon the surface layer thickness.
If your rental property is in an area that requires hardwood flooring, then this product is an excellent alternative to solid wood, giving you the elegance of real wood, while also saving you money.
Luxury vinyl flooring is our choice for the best flooring option for a rental property. The selection of styles, designs, and colors allows you to cater to most tenant types and ages without sacrificing durability or breaking your budget.
Is your rental a vacation rental. Check out this article for for Expert Tips on how to Transform Your Home into a Successful Vacation Rental.