Some types can be better for surface durability, but they do not add as much value to a home as hardwood. Luxury Vinyl Plank is often sold as “waterproof”. It’s important to remember that while the vinyl flooring itself may not absorb water, your subfloor underneath the vinyl is not waterproof and can absorb water. Vinyl has its benefits in terms of surface durability, but as it is not real wood, it doesn’t have the same look, feel and value perception as an engineered hardwood.