Any hardwood floor can be a great investment as it adds a natural, timeless appeal to your property, along with warmth and luxury. Engineered hardwood flooring is a fantastic alternative to solid hardwood flooring as it has more dimensional strength, can be less costly, and it is very difficult to distinguish between the two once they have been installed.  Engineered hardwood flooring should not be confused with laminate flooring, which is only a picture of wood flooring laminated onto a base layer.