Luxury vinyl tile flooring (LVT) has become an increasingly popular choice among homeowners due to its durability, versatility, and affordability. LVT can mimic the appearance of hardwood or stone at a fraction of the cost, making it an attractive option for budget-conscious renovations. However, like any home improvement project, it’s essential to consider the full range of expenses associated with luxury vinyl tile flooring—not just the upfront cost. Hidden costs such as installation, subfloor preparation, and long-term maintenance can affect your overall investment. Ready to dive into the true cost of luxury vinyl tile flooring and how to maximize your value? Visit Edmonton’s Flooring Superstores today to explore our wide range of LVT options!

 

Installation and Subfloor Preparation

One of the first hidden costs of luxury vinyl tile flooring is installation. While LVT is often marketed as a cost-effective alternative to other types of flooring, professional installation can add a significant amount to your final bill. On average, LVT installation costs range from $2 to $6 per square foot, depending on the complexity of the project and your location. Homeowners may also choose a DIY approach, but this requires a specific skill set, and mistakes can lead to more costly repairs later.

In addition to installation, subfloor preparation is another expense to consider. A smooth, level subfloor is crucial for the longevity of your luxury vinyl floor tiles. If your existing subfloor is uneven, damaged, or made of unsuitable material, you may need to invest in subfloor repairs or replacement before installation. This preparation can add hundreds or even thousands of dollars to your overall project cost, depending on the size of the space and the condition of the subfloor. Ensuring proper subfloor preparation can help prevent future issues like buckling or uneven surfaces, but it’s important to factor this into your initial budget.

 

Long-Term Maintenance and Lifespan

While LVT is known for being low-maintenance, there are still some costs associated with keeping your floors in top shape. Regular cleaning with manufacturer-recommended products, such as those from Kraus, can help preserve the floor's finish and extend its lifespan. Unlike hardwood or laminate, luxury vinyl tile flooring does not require refinishing, but it can still be scratched or dented over time, especially in high-traffic areas. In some cases, individual tiles or planks may need to be replaced, which, although more affordable than replacing an entire floor, is still a cost to consider.

The lifespan of luxury vinyl floor tiles typically ranges from 10 to 20 years, depending on the quality of the product and how well it is maintained. While this is relatively long-lasting compared to some alternatives, homeowners should keep in mind that eventually, the floor will need to be replaced. If you plan to stay in your home for a significant amount of time, these replacement costs could factor into your decision-making.

 

Return on Investment (ROI) When Selling Your Home

Many homeowners want to know if luxury vinyl tile flooring is a good investment when it comes to resale value. LVT is an appealing feature for prospective buyers due to its affordability, durability, and modern design options. However, it doesn’t necessarily carry the same return on investment (ROI) as hardwood flooring, which remains the gold standard for increasing home value. That said, installing high-quality luxury vinyl floor tile, such as Kraus products, can still be a selling point, especially in homes where budget-friendly updates are a priority.

In comparison to laminate or carpet, LVT tends to offer a higher ROI, primarily because of its moisture resistance and longer lifespan. If you’re renovating a kitchen, bathroom, or basement, LVT is often viewed as a practical and stylish option by potential buyers. While it may not offer the same resale boost as hardwood, it still represents a solid choice for homeowners looking to balance cost and value.

Cost-Efficiency vs. Alternatives

When comparing LVT to alternatives like laminate or hardwood, LVT often comes out ahead in terms of initial cost and versatility. Hardwood, while beautiful and highly valued by homeowners, is significantly more expensive both in terms of materials and installation. Laminate is usually cheaper than LVT, but it lacks the durability and moisture resistance that make luxury vinyl tile flooring such a popular choice in areas like kitchens and bathrooms. Laminate also tends to show wear and tear more quickly than LVT, meaning you may need to replace it sooner, adding to long-term costs. Luxury vinyl floor tile’s water resistance and durability make it a cost-efficient option for areas that experience heavy foot traffic or moisture, like entryways, bathrooms, or basements. This makes luxury vinyl tile flooring a more durable and versatile solution than laminate, while being far more affordable than hardwood.

 

Hidden Costs in Warranties

While many LVT products come with warranties, it’s important to read the fine print. Some warranties may cover wear and tear for a set period, but exclude damage caused by improper installation, lack of maintenance, or subfloor issues. Understanding what your warranty does—and doesn’t—cover can save you from unexpected costs down the road. Additionally, some extended warranties may require you to use specific cleaning products or have the flooring installed by a certified professional, which could further increase the overall cost.

 

Maximizing Value with LVT

Ultimately, luxury vinyl tile flooring offers homeowners an affordable, durable, and stylish option for both new builds and renovations. While there are some hidden costs associated with installation, subfloor preparation, and long-term maintenance, LVT remains a cost-efficient flooring solution at most flooring companies compared to alternatives like hardwood or laminate. By understanding these potential expenses and planning accordingly, you can make an informed decision that balances initial costs with long-term value.

Curious about how luxury vinyl tile flooring can fit into your next project? Visit one of our Flooring Superstores locations in Edmonton today to explore our selection of high-quality LVT options and find the perfect flooring solution for your home!