Kitchens have long been considered the most popular gathering spaces in a home. This popularity compels millions of homeowners to renovate their kitchens every year, and the return on these investments is often significant.
A number of variables, including the value of neighboring homes and how quickly homeowners sell their home after a renovation, affect the return on investment for any given project.
According to the “2021 Cost vs. Value Report” from Remodeling magazine, homeowners recouped approximately 72% of their investment in a minor kitchen remodel upon resale. This is a nice return that surpasses other popular upgrades, including replacing the vinyl siding and adding a wood deck.
When renovating kitchens, homeowners will need to consider various room components, including floors. Average flooring costs can be difficult to calculate because they are highly dependent on homeowners’ choice of materials. Here are some popular flooring materials that homeowners can consider when planning to remodel their kitchens.
Vinyl flooring is popular thanks in large part to its cost. According to the home improvement experts at HomeAdvisor, installing vinyl flooring is much less expensive than other types of flooring. But its cost-effectiveness isn’t the only benefit of vinyl flooring, which HGTV says is easy to clean, making it an ideal choice for families who routinely deal with spills and stains. HomeAdvisor notes that vinyl is the best waterproof material among all kitchen floors.
HomeAdvisor reports that the average cost to install porcelain or ceramic flooring is between $885 and $2,994. That’s less than the average cost of installing stone or wood flooring. Porcelain or ceramic tiles can be slippery when wet, although HGTV notes that some porcelain floor tiles have been certified slip-resistant by the Americans with Disabilities Act.
It’s hard to beat hardwood when it comes to aesthetic appeal. Hardwood may be especially suitable in homes with open-concept floor plans that already have hardwood floors in surrounding rooms. HomeAdvisor notes that installing hardwood flooring can be expensive, which might make it a less realistic option for budget-conscious homeowners. According to HGTV, engineered wood planks may be something to consider in the kitchen, as they are designed to be less sensitive to humidity and temperature. This is an important consideration in the kitchen, where temperatures can fluctuate during meal preparation.
Natural stone tile is another popular kitchen flooring material. HomeAdvisor attributes this popularity to its wide variety of styles and price points, making it a realistic option for homeowners working on budgets large and small. Stone tiles also offer a unique look as no two are alike.
Kitchen flooring materials vary widely. This variety ensures that there is a material for every style and budget homeowners work with.