I purchased a pre-war coop in Jackson Hights. The building was built in 1930s and the building and its room has a nice pre war charm. But one thing I don't like is the hardwood parquet floor. I want to replace them with a brand new brazilian cherry or walnut strip hardwood floor. But my contractor from East Europe told me not to do it because if you are going to sell the property...
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I am losing the value by doing it because the oak parquet floor is supposed to have a good vaule and many people prefere parquet floor.
Is this true? Whether people like parquet or not is subjective matter but is it true that many people prefer Parquet floor if you can choose. I am from Japan and the parquet floor seems to be too busy for me and I like the strong vector of strips.
If I am going to live here for the rest of my life, I wouldn't care what others says. but since there is a chance that I may sell this property or sublet this to others in a next few years, I may want to stick with the parquet floor. But if replacing the parquet with new Brazilian cherry/walnut adds the value, I want to go for it.
You are both right. Your contractor is right in essentially saying that you have nice floors that others will like and there is certainly a lot you could do to change them with stain, etc. but you are right in wanting something different that is a bit more unique and less busy.
As for resale, we VERY MUCH DOUBT that people will prefer parquet to wood in any other design if it is done well. People like wood floors and the more character it has, the better.
If you are willing to pay for a brand new floor in Brazilian cherry or walnut, we say go for it, and it should also add value for being a bit more specialized. It won't be cheap, however, and we doubt you will gain more in value than you spend on the floor.
We're throwing in a survey to see what other say...