Hardwood is undoubtedly the most elegant and chic option for flooring. However, if you want to know what the epitome of elegance means, you should see parquet, which is a very intricately crafted form of hardwood flooring. It was not called the favorite of kings and wealthy for nothing! Parquet tiles are a piece of art, and hence, were outrageously expensive earlier. However, in the second half of 20th century, they came within the reach of commoners and could be extensively seen in homes built in 50's and 60's.