Choosing the right type of hardwood flooring for your home is an important step. You need to factor in your lifestyle, decor, and the area where the wood floor is going. Wood flooring is available in a wide variety of colors, styles and finishes so you need to know exactly what you want for your home before you buy. There are varying types of wood flooring. You need to decide between factory finished, solid, plank, unfinished, parquet, and engineered.