Choosing Flooring for an Investment Property
San Diego creates the ideal living environment with mild climate throughout the year, a stunning waterfront location and a wealth of attractions to enjoy morning, noon or night. While there are those who have been born and raised in San Diego, many others are renters, simply enjoying everything America’s Finest City has to offer. What does that mean for property owners? Unlimited rental potential.
Unlike other cities, the rental market in San Diego has continued to remain steady, in great part to the overwhelming benefits of living in the area. (Being home to three major college universities doesn’t hurt the availability of renters either!) So if you are like any smart investor, it is easy to see how owning a rental property could bring in some serious cash each month. Although there are many things to consider when renovating an investment property, as the San Diego flooring experts, we’re going to focus on how to choose appropriate flooring.
When you are renovating a rental unit, the flooring you choose can have a drastic impact on the appearance of a room, making your property more appealing to prospective renters. However, there are many options to choose from and not every option is ideal for every type of investment property.
One of the first things you are going to want to consider is the market value of the property. This will help dictate the quality of flooring that should be used. For instance, it would not be in your best interest to spend an exorbitant amount on solid hardwood flooring in San Diego when the overall value of the property does not reflect the need for a material of such quality.
Secondly, when selecting a flooring material, you’ll want to look at the area in which your property is located. Here in San Diego, we are used to higher temperatures, typically upwards of 70 degrees. Renters typically prefer tile flooring in San Diego as opposed to carpeting, which has a tendency to retain heat. Newer laminates and vinyls are also heat resistant options, offering a more affordable price point while still delivering on aesthetic and durability.
Finally, you are going to want to look at your budget. The purpose of a rental unit is to provide a return on your investment. As a result, you’ll want to pick floors that are not only suitable for your property and its location, but one that doesn’t exhaust your entire renovation budget. Spend time doing your research, check out samples at your local flooring store, and find a quality material that with be able to withstand everyday wear and tear for years to come.
First investment property? No problem! Visit Unique Flooring in San Diego today and check out our wide selection of affordable flooring from top brands including Anderson, Quickstep, Shaw, Armstrong and more, or call us at 760-945-0010 for a free quote.