Engineered wood is a popular option for the classic warmth and hominess that a wood floor brings without the same cost as natural hardwood. This type of wood is often called composite wood or man-made wood. Because it is man-made, it can be designed to meet application-specific performance requirements. Typically, engineered wood products are made from the same hardwoods and softwoods used to manufacture lumber. The visible surface of the flooring comes in a variety of wood color options.