Laminate flooring is synthetic flooring produced by combining multi-layer of resin and fiberboard as it’s core material. The photographic layer is what gives laminate floor the appearance of close resemblance to wood flooring.
Unlike laminate flooring, engineered wood flooring is manufactured from real wood. It normally has several plywood layers.
In terms of price, engineered wood flooring is more expensive than laminate flooring due to higher material costs. Engineered wood flooring also provides better resale value on property.