Exotic hardwood flooring is a good value for the money invested if the home is in a valuable neighborhood. The value of the house goes up dramatically when exotic hardwood floors are installed.
Real estate professionals advise that installing hardwood floors immediately increases the value of the home and makes selling it easier. Exotic hardwoods such as cherry and bamboo add even more value to the home. However, it is also important to remember that first-time home buyers don't tend to have the extra money to spend on exotic hardwood floors. If the home is in an area with a low median income, standard hardwood or carpet may be the best choice.