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Hardwood offers the highest ROI at around 75%. Engineered hardwood, tile, reclaimed wood, and laminate also increase a home’s value but with lower ROIs. Lighter tiles tend to increase a home’s value slightly more than darker tiles. Taking the ROI into account when you choose flooring can increase your home value and allow you to recoup some or all of the cost to install it.

Few home upgrades add resale value above their installation cost, including terrazzo floors. However, they are still a good option if you like the look. While terrazzo may be expensive, it has a solid return on investment of around 55% to 70%. The durability and low maintenance requirements of terrazzo can be appealing selling points, as many buyers will appreciate flooring that can last 40 to 100 years.

While it is possible to install carpet yourself, it is a challenging DIY project that requires precise measurement, proper cutting skills, and knowledge of correct installation techniques. The process involves multiple steps, including removing old flooring, installing underlayment and tack strips, and stretching the carpet to prevent wrinkles, which can take several days to complete.

Before starting, consider these factors:

• Warranty: Many manufacturers' warranties are voided if the carpet is not installed by a professional.

• Tools: You will need to buy or rent specialized equipment like a knee kicker, carpet stretcher, and seam roller.

• Complexity: DIY installation is most suitable for simple, straightforward rooms. Projects involving stairs or floor vents are significantly more difficult.

• Cost: While you can save on labor, the cost of tools plus the risk of expensive mistakes—which may require re-installation—can make hiring a professional more cost-effective in the long run.

Given the potential for errors, voided warranties, and the need for special tools, hiring a local carpet installer is often recommended to ensure the job is done correctly and safely.

Hardwood floors can be installed in most areas of the home, including living rooms, bedrooms, and hallways. However, with the exception of high-quality bamboo and engineered wood, hardwood floors are not recommended for areas with high moisture levels, such as bathrooms and basements, unless specifically designed for such environments. It's essential to consider the specific conditions of each room before choosing hardwood flooring.