High-definition printing is creating a flooring revival that’s sweeping vinyl, ceramic and laminate floor choices. The rich, grainy look and feel of wood is especially turning apartment choices up a notch. Nearly every floor can seemingly be as unique as the wood milled from hardwoods.
Digital Printing adds realism to Wood Flooring
Realistic wood finishes in laminates are emerging
Laminate flooring, also called floating wood tile, has come a long way since Pergo’s introduction in the 1990s. Most recently, the company rolled out, exclusively with Home Depot, a more durable and aesthetically pleasing plank. Pergo Outlast+ is easier to assemble, has a solid commercial warranty and can stand up to the test of apartment living, says , Mark Voykovic, Division Merchandising Manager for Flooring for Home Depot.
And there are hundreds of different looks in Pergo’s full line of laminates, including seven in Pergo Outlast+ from Java Scraped Oak to Molasses Maple.
“(Laminates) are now the new trend on wood-looking product and they’re much more realistic than they’ve been in the past,” he said. “Flooring in general has changed so dramatically. We’re at the beginning of a new renaissance in looks and feel across different flooring types. It’s really exciting. The repeat patterns are not like every 15 tiles, it’s like you’re getting to the 100s now.”
Simulated wood compares more closely with the real thing
The digital print revolution spread into flooring, at least with ceramic tiles, in 2000 and since has evolved with greater reproduction. The first machines were debuted at Cevisama, Spain’s huge tile show, according to Floor Daily, and created image resolutions as high as 1,000 dpi with six colors. Since then, digital print has been adopted across the industry in favor of Rotogravure printing, and design choices are limitless.
Nowadays inkjet printers utilize eight or more colors which allow designers to create patterns with more robust shades and tones on tile. Printing on laminates, vinyl and other flooring substrates, which began around 2005, has become more fashionable. In the past 18 months, says Voykovic, the quality has improved.
“Because of graphics and technology of digital printing now available, you get a truer look,” he said. “When you lay down a newer version of Pergo and newer version of vinyl or wood-looking tile, and you lay wood next to it, it’s hard to determine the difference in what is real and what is not wood.”
Digital Printing adds realism to Wood Flooring 1
Laminates are becoming a better choice for apartments
Along with a large spectrum of design choices, laminates are getting more durable and easier to install. Unlike laminates of the past, Pergo Outlast+ provides waterproof protection for 24 hours after accumulation of moisture because of a tighter interlocking of planks.
Such protection and a limited 10-year warranty now make laminates a good choice for apartments in areas like kitchens, bathrooms and laundry rooms that were otherwise taboo because of damage risk, Voykovic said. Also, a scratch-resistant finish helps the floor withstand the rigors of high traffic in common areas.
Voykovic said installation is so easy that professional installers aren’t necessary. One reason is that an underlayment once necessary on other laminates and adhesives or glue are no longer required.
“(Pergo Outlast) allows a multifamily owner to now think about putting laminate into an apartment or single-family rental home,” he said. “The product that is more realistic, has scratch resistance, and it’s highly durable. Plus, installation time is minimal compared to other floors out there; you don’t necessarily need to hire a flooring professional.”
Best of all, the look would fool even a lumberjack.
Yosemite National Park is set within California’s Sierra Nevada mountains. It’s famed for its giant, ancient sequoias, and for Tunnel View, the iconic vista of towering Bridalveil Fall and the granite cliffs of El Capitan and Half Dome
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Who Rents Furnished Rental Properties?
There are a specific group of renters that look for furnished units:
People who are moving into the area and are hunting for a new home.
Not All Furnishings are Equal
There are two basic categories of furnished rentals: Partial and fully furnished. Partial rentals are only going to provide the bare necessities like a bed, desk, table and chairs and sofa set. The tenant must supply the kitchen equipment and dishes, linens and towels, and all the decorative items. Fully furnished units, on the other hand, will have everything a tenant needs down to the hand towels, sheets, dishes, and decorative items.
If you want to command the highest rent, then you will have to provide high quality furnishings that reflect modern trends but that will last. We are not talking about flowered 1950’s sofas from Craigslist or a bedframe with no headboard; but quality sectionals, HD flat screen TVs and bedroom ensembles. You will need to be prepared to spend around $4,000 to properly furnish a rental.
Will Furnished Rentals Bring in More Rent?
While most landlords expect to charge hundreds of extra dollars per month on a furnished rental, it is rarely the case. A partially furnished rental may only gain 10 to 20% more rent. Fully furnished apartments can charge only about 30% more for long-term rentals. Short-term, fully furnished rentals are the most profitable but have the highest tenant turn-over and vacancy rates which can effectively eat up the additional rent.
The Pros of Offering Furnished Apartments
You can charge 20 to 30% more rent for a fully furnished unit.
Less unit damage. Moving furniture in and out of apartments can scrape up floors, dent walls and chip molding plus hanging artwork damages the drywall.
Higher security deposit
Good choice for units with irregular layouts.
Saves storage fees for personal furnishings.
Short-term tax write-offs (5 year depreciation).
The Cons of Offering Furnished Apartments
It will cost around $4,000 to furnish a two bedroom apartment with good quality furniture, decorative items and kitchen supplies.
Higher tenant turnover due to short-term rentals.
More maintenance issues and costs.
High move-out cleaning costs.
Narrows the number of potential tenants.
Longer vacancy periods in some rental areas.
Landlord is responsible for content insurance.
Most furnished units include utilities.
Storage costs will need to be paid if you decide to rent the unit unfurnished down the road.
Partially furnished units will bring in only 10 to 20% more rent.
Landlords are technically supposed to pay county taxes on personal property used in a rental.
Additional Reason to Offer a Furnished Unit
If you have your unused personal household furnishings and are spending more than 8% of your gross rent in storage fees, you could cut your expenses by offering a furnished unit. If you will be renting temporarily for a year or so and like your furnishings, rather than store them, you could offer a furnished unit – that is if you do not mind having someone else use your stuff.
Count the Costs and the Income
While there is a demand for fully furnished rentals, a landlord will want to carefully weigh the pros and cons of such a decision. Consider not only the upfront investment but also the long-term maintenance in comparison with the increased rent. Feel free to talk to your property manager if you have any questions.
Dubai is the most populous city in the United Arab Emirates . It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajma
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Victory Realty revolves around a culture of passion for our brand. We are aggressive, energetic, and flexible in this changing landscape. We take large deposits, have the best tenant quality in the business, and still rent our homes significantly faster than our competitors. 9 Years in business and we’ve only evicted four tenants that we chose, because we have a great system. Many old style management firms survive as a result of their sheer size. However, with offices in coastal Wilmington, and the Triangle /Raleigh -Cary Areas, Victory was built from the ground up, during the worst housing crisis since the 1930’s.
VRE Thrives on a love of the current technology revolution. For this reason we have stayed well ahead of our competitors in all aspects of rental management from marketing to owner/client communication. Originating from, and still to this day operating as a commercial marketing firm for multiple companies in and outside the real estate industry, Victory has an inside track on how people use the web day to day. Rental searches are almost exclusively done online these days, and understanding that constantly changing landscape is every bit of half the success battle.