Vinyl is also available in a wood look. It's more versatile than wood since it can be installed over concrete, or over wood subfloors. It's also 100% water proof, so there is never any worry if one of your appliances springs a leak, or if you have a basement that is prone to flooding. If you have pets that have accidents, or if you're looking to install something in a room adjacent to a pool then vinyl planking will perform very well in your home.