Wood vs. Laminate
It's been a while since I posted. My son is now almost 7 months old and I can start thinking about decorating again. :)
I've done some digging in our neighborhood. We spent 200K for our home. I have looked at 6 different recently built/on the market or recently purchased homes in our subdivision for a comparison. The ones with laminate flooring throughout the whole first floor and are priced anywhere from 15-25K more than our home. (Everything else was comparable size, counter tops, cabinet upgrades, number of bedrooms & bathrooms etc.)
We live in suburbia. There are no custom homes in our neighborhood. Price ranges from 130 (Town home) to 800K (crazy 5 story house with an elevator). It's 90% young families with multiple children and that's who I imagine will be the average buyer around here for a long time.
With multiple boys running around I want an indestructible floor. Would there be any benefit to upgrading to hardwood over installing wood laminate? I'm so torn!
Price is a major factor. I can't see home buyers around here being all 'OMG this one has hardwood and that one doesn't!" I haven't actually seen any new construction with hardwood floors. I stalk everything like a mad woman. :) There are 8 more houses going up but they aren't to the flooring stage yet.
IDK if it's relevant but our home appraised for about 20K over our closing price. We plan to stay here about 12 years, possibly more.