Hardwood floors Vs. Engineered flooring?

I am building a new house, and I have two large dogs. The house is a $200k smaller home with very nice appliances, granite counter tops, etc. Anyways, I have two large dogs who have scratched up the hardwood(not terribly) in my condo, so I am thinking about putting in the engineered flooring. I have been to lumber wholesalers, and it isn't really much cheaper than hardwood, but it is my understanding that it is much more durable. It seems to look and feel like hardwood, and I have heard that the engineered floors have come a long way, but I'm paranoid that it's going to look cheap. Would putting in the engineered flooring be a mistake?