Yes, engineered hardwood is cost-effective because its material cost is typically 20–60% less than solid hardwood, thanks to its plywood core and thinner real wood veneer, and it often has reduced installation costs due to faster, more flexible installation methods, including potential for DIY projects. This makes it an affordable way to achieve the look of real wood, especially in areas with high moisture or tight budgets, and offers good value for money compared to solid wood.  Engineered hardwood has the same authentic appearance as solid hardwood, featuring a real wood top veneer with natural grain patterns and textures, but its layered construction creates a more stable, versatile flooring option. It is available in various species (like oak, maple, and hickory), tones, and plank widths to achieve different looks, from rustic to modern, with options for textured surfaces that hide scratches.