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There is quite a substantial price difference between the three, and I think you should always go for the best that you can afford.

Engineered hardwood all the way. Vinyl will never complete with the look and feel of engineered hardwood.

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Sometimes it depends on the space - if you are working with more formal spaces - definitely engineered hardwood. If it's for areas that are used hard by children and pets - LVP can be nice, as it's less likely to get damaged by dropping toys, or large dogs nails. It just doesn't feel as luxe as the engineered hardwood. If it's a very open floorplan, where the flooring should be consistant - I would go with the hardwood, but make sure that you've done your research regarding durability and warranty of the finish. (Finish is where you will see the biggest difference in price range between manufacturers and sales)

Engineered Hardwood all the way. Whoever came up with the term "luxury vinyl, or LVP" is a marketing genius. It's really just plastic. I would never have it in my home.

LVT/LVP is simply another choice. Not right or wrong.

I bought a fixer with a lot of old, bare thin carpet. I have a dog and didn't want carpet. I had tile for 20+ years and my joints could not take tile any more, but I like the look of tile, so I bought LVT. I am very happy with my selection.

My niece removed all of the carpet from her 100 year old home and refinished the hardwoods that were found underneath. It looks beautiful and she is happy with the results.

Her brother liked the look and went with engineered hardwood in his home.

My sister built a home in a fairly exclusive neighborhood. Most of her neighbors wouldn't consider anything less than real hardwoods. My sister had real hardwood in her last home and wanted a different look and less maintenance. She went with a combination of LVT in the kitchen, dining room, hallway and laundry, tile in the bathrooms and carpet in the living spaces and bedrooms. Amazingly, her home won the "Best Design" in the annual best new homes contest that is held every year in our area. Maybe her home won because her home didn't look like every other new home built that year.

My daughter replaced the carpet and engineered wood in her home. She selected wood look tile. She loves the look of hardwood, but she owns an 8 1/2 acre farmette, has 3 dogs, 3 horses and chickens. She can wet mop the entire space without a worry.

I have another friend in Florida who picked LVP over engineered hardwood or real hardwood due to the moisture resistance of LVP.

When selecting the finishes for your home, don't concern yourself with what everyone else has, pick the materials and styles that best fit your budget and your lifestyle and colors that make your heart sing. Make your home a place that will bring you joy every time you walk through the front door.

I love hard wood floors! With that said we built a home 23 years ago and the flooring in the kitchen, mud room, foyer, hallway and 1/2 bath we had installed engineered oak wood floors. Loved it! Fast forward 23 years with 2 kids and 3 dogs at different times throughout the years along with a swimming pool out back. We just remodeled our kitchen and had a floor finisher out for an estimate to refinish my floors. My floors were supposed to be able to refinish them at least once or twice. Guess what? No can do because not enough wood on top to refinish them. The wear pattern from years of wear and tear was to deep (think mostly from dogs) we ended up replacing them with Luxury Vinyl and we love them! My floors are beautiful and we get so many compliments. Now that does not mean I would never have real wood or engineered wood floors again just not in my current house. My LVP are so easy to care for too. Just my experience. I agree with those above, go with what you like and what your budget allows for.