---
title: "NAR: Hardwood Projects Provide Highest ROI"
url: https://burnaze.com/article/74e0c57a-3904-4a83-9d88-df48076795aa
source: "1851 Franchise"
original_url: https://1851franchise.com/nar-hardwood-projects-provide-highest-roi-2719854
category: "General"
published: 2022-09-29T12:07:34.000Z
modified: 2026-11-01T02:11:44.307Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/e58c02cb855c7d54a0a2d05d85a1a55a9939.jpg
---

# NAR: Hardwood Projects Provide Highest ROI

**TL;DR:** A National Association of Realtors study found that refinishing wood floors has a 147% return on investment, higher than other home renovations. Bryan Park of Footprints Floors corroborated this information, noting that investing in flooring can pay dividends for years to come.

*originally published in 1851 Franchise on 2022-09-29. [Read the original](https://1851franchise.com/nar-hardwood-projects-provide-highest-roi-2719854).*

## Story

In an interview provided by FCNews.net, Bryan Park of Footprints Floors corroborated this information and provided additional insight.

“Kitchens and bathrooms are often the first A study by the National Association of Realtors (NAR) found that the cost value of refinished or new wood floors has a greater cost-to-return ratio than other home renovations.

Specifically, NAR found that by refinishing wood floors, there was a return of 147% when anticipating the future sale of said home. The figures provided by NAR were that if a homeowner invested approximately $3,400 into refinishing the flooring for their home, they would receive back approximately $5,000 upon selling. Similarly, installing new wood floors had a return of 118%. If a homeowner invested $5,500 into new wood floors, they would recoup $6,500.

This survey information is invaluable for retail sales associates (RSAs) as they can stress to customers that while flooring may have a hefty price tag, the return on investment is financially and emotionally worth it. Customer surveys found that after completing their wood flooring projects, they had a greater desire to be home, greater enjoyment while being home, and it gave them a sense of accomplishment.

rooms to get a remodel, but investing in flooring can pay dividends for years to come,” said Park. For comparison, a kitchen only has a 67% return on investment.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Footprints Floors (company)
- Bryan Park (person)
- National Association of Realtors (regulator)
- return on investment (topic)
- home renovations (topic)
- flooring investment (topic)
- wood floors (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/nar-hardwood-projects-provide-highest-roi-2719854). Summarized by Burnaze (https://burnaze.com/article/74e0c57a-3904-4a83-9d88-df48076795aa).