The carpeted floors of your house are a luxury, but they’re not a necessity.
In fact, a study conducted by the University of Queensland has found the carpet is a very good investment, providing a long-term return on investment that could easily be converted into cash.
Researchers found that the carpet provided an average of 7 per cent annual return over a 20-year period.
If you’re looking to buy a rug or tile carpet for your house, you may have to pay a bit more for the quality of the materials, but the results are well worth it.
“You don’t get the same bang for your buck if you buy carpeted tiles, which is probably why most people opt for the carpet, instead of the floor,” Associate Professor Tom Durnan said.
Carpeted floors can provide a long lasting income, but it takes a little bit of planning to get your house looking its best.
It’s a great investment for those who don’t want to pay extra for a carpet, but for those with bigger budgets, it can also be a great option.
Here are some things you should know about carpeted carpets: They’re cheap to install and maintain