What Products Should Be Used In An Investment Property?

It’s not easy to renovate an investment property, and choosing a floor can be especially difficult. Floors usually endure a lot of abuse and wear. You never know how a renter might treat your floors and maintain them. Some renters are careful and take good care of your investment property, while others are careless and can easily damage expensive floors. At CTM Flooring, we recognise that our clients often struggle with this decision, and we have created a small guide that would help you decide which flooring material will work best for you:

  • Carpet- Carpets are affordable, easy to install, and great insulators. They can add warmth and comfort to any environment and help the renter save money on energy bills. They also dull noise, which is a great advantage in multi-unit properties. Unfortunately, carpets get dirty easily and need to be cleaned by a professional. They wear out quickly in high traffic areas and may have to be replaced at regular intervals. They aren’t easy to repair and it takes a lot of effort to clean stains, spills, tears, etc. Carpets also house allergens and many renters prefer apartments and homes that aren’t carpeted.
  • Timber- Timber is a very popular choice and for good reason. This flooring material creates a very warm and welcoming environment on your property and makes it look luxurious. Timber floors are also very durable and you won’t have to replace them for many years, which makes it a great investment. Renters are also likely to pay higher rent for properties with timber floors. They are softer than tile and natural stone, which is one of the reasons why people prefer them.
    • The downside is that timber floors can be very expensive. Of course, the cost is recovered over time because you don’t need to replace them as often, but these floors require a hefty up-front investment. They are also prone to scratches and stains, especially if the renter is careless and doesn’t clean up spills immediately.
    • Tiles- Tiles are very durable and resilient. Once installed, they can last for several years without any trouble. They’re also very easy to clean and maintain, which might appeal to a number of renters. This flooring material comes in a variety of design options so you don’t have to worry about the impact it has on décor. Tile can also withstand high traffic and doesn’t wear easily. It’s water resistant and won’t stain if something is spilled on it.
      • However, tiles are very hard on the feet and you can’t really stand on them for long periods of time. Some tiles are also slippery when wet and that can lead to slipping accidents. They do not provide sound insulation which can sometimes make a room sound very hollow.

When you want to install floors on your investment property, you should research all your options carefully. You might also want to consider using flooring materials like laminate and vinyl. They’re very popular with rental property owners.  If you want to know more, don’t hesitate to contact us at CTM Flooring. Our number is 02 9002 4140 for Sydney and 02 4322 8377 for Central Coast. We’ll be happy to hear from you.

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