Five years ago, homeowners would thumb their noses at the mere mention of vinyl flooring. Often associated with cheap rental units or our grandparents’ outdated kitchens, vinyl was deemed tacky. The only tasteful option was hardwood, and it came with a hefty price tag.

These days, luxury vinyl tile (LVT) is often considered a preferable alternative to hardwood. It’s waterproof, scratch resistant, easy to clean and more affordable than hardwood. But is “the real thing” actually falling out of favor with homeowners?

According to the results of a new survey from Erie Insurance, 9.2 percent of homeowners regret choosing hardwood flooring for their current homes. In fact, it ranked first in the list of home features homeowners wouldn’t choose again if they were buying a home today.