So my property is in a 4 seasons climate, snow in winter, hot in summer and everything in between. its 6 bedrooms and about 40 years old, lots of original fit out and very big so everything costs money to fix or replace...
The kitchen and hallway parquetry looks good in the photos but up close and personal, its particularly worn in places and showing it.
Do i spend the money to restore it (big expensive professional job, not like normal hardwood sanding) or replace with luxury vinyl which will be much cheaper i believe.
As much as i love the parquetry, I don't think restoring it will mean guests will value it, or that I can charge anything more. I'm also concerned that if I did restore it (a friend said in the business it would look amazing), it would then show up the rest of the place, and i would have to update the whole place and it puts me in a different/harder price bracket. We price and market as relatively affordable for large groups. Or do I have to suck up the restoration parquetry restoration costs for no return in value except that guests won't think the property 'needs maintenance'. BTW i have not increased prices since we started 8 years ago, and continually updating/fixing/replacing big ticket items on this older property. ps I'm a super host with an average 4.91 rating
love to hear what others think?