U.S. homeowners who plan to have hardwood flooring this year should expect to spend $4,380, which is the national average. However, it is possible to spend between $2,500 and $6,530 depending on certain factors.
Where you live in the country is one thing to consider, especially if you are in a city. For instance, the rates for hardwood flooring contracting in Riverton, Utah, may be more affordable than in Salt Lake City. The difference in rates may stem from the higher cost of living in major cities, as well as the higher demand for such services in this area that cause higher prices.
Estimating Your Budget
The cost per square foot for materials and installation are the two other things that may help you with budget estimation. If you plan to use traditional wood flooring such as pine, the cheapest prices that you may find are between $3 and $6 per square foot for the material. The cost of installation costs from $3 per square foot to $5 per square foot.
The most expensive ones cost $8 per square foot and $14 per square foot, while installation costs may cost up to $8 per square foot. Some of the high-end hardwood variants include Brazilian walnut, tigerwood and mahogany. On the other hand, mid-priced materials like teak and oak are the most popular since these are relatively cheap and durable at the same time. Be prepared to spend at least $5 per square foot for materials, while installation may cost between $4 and $8 per square foot.
Hardwood Vs. Laminate Flooring
Some people may choose laminate flooring over hardwood simply because of the price difference, and sometimes there is no need to hire a professional. However, hardwood flooring saves you money in the long-term since it may last for a lifetime unlike the 10-year lifespan of laminated floors.
While having pets may lead you to hesitate, you could simply protect your hardwood flooring by regularly trimming their nails. Refinishing and sanding hardwood is also possible for several times, just in case you find some dog or cat marks.
Other Cost Factors
Homeowners should expect to spend more for the cost of labor and materials if there are problems with subflooring, joists and other structural parts around the house. Be sure to ask a professional in case there is a need to replace the subflooring before the installation.
Those who plan to install hardwood flooring over a concrete base should consider a floating floor system. This allows the floor to be unattached to the concrete, but the contractor must check for any signs of moisture beforehand.
You should get at least three rates from different flooring contractors to compare the best prices, while the cost of labor may also be reduced by doing some of the preparations. These may include relocating pieces of furniture to another room or removing the old flooring. When done correctly, a hardwood flooring may add significant value to your house in case you plan to sell it.