| How much should I expect to pay for wood flooring?

How much should I expect to pay for wood flooring?

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Wood flooring is a wonderful home improvement that will likely increase your enjoyment of your home and increase its resale value. Homes with wood floors sell faster and for more money than homes that don’t have them, according to professional realtors.

Installing wood flooring

Installing wood flooring

But upgrading to hardwood floors is expensive, even if you do it yourself. And the final cost is usually much more than the square-foot price that’s advertised. If you’ve tried to calculate how much wood floors will cost based on the ads in the paper, you’re in for a shock.

Of course, prices vary by region, but if you take a few things into account, you should be able to make an educated guess about how much it will cost to upgrade to wood flooring. Once you have an idea, you’ll know whether it’s worth your time to start shopping or not.

Bear in mind that, unlike carpeting, wood floors will last for generations if properly cared for. So you’ll be amortizing the investment over many years. And many flooring companies offer interest-free financing for 12 months and other payment options. They realize that wood flooring is a big purchase that many customers may want help with.

The square-foot price of the wood is just the start. In addition to that, there are other supplies and labor, which will vary based on how the floor is installed.

Wood flooring supply costs.

If you’re lucky enough to have a wood sub floor, you won’t need anything more but some felt paper and some nails or staples. If you’re having your floor installed, these will usually be included in the price of labor. If you’re doing it yourself, figure around $50 for a box of 7,000 staples and ten cents per square foot for the felt paper.

The cost of renting a stapler or nail gun is usually pretty reasonable.

Those without a wood sub floor will incur some additional expense, especially if the floor is to be floated. An underlayment, which can run from 25 cents to $1.50 per square foot will be needed to cushion and insulate the new flooring.

Wood flooring installation

Wood flooring installation

If you have concrete floors, you’ll probably want to use engineered wood flooring that can be glued down. The cost of glue runs from 50 cents to $1.00 per square foot. To be on the safe side, add $1.00 to the price of the wood. Gluing wood flooring often takes longer than nailing it down, so your labor costs may be higher too.

Moisture protection, which is often needed with concrete floors, can add another $1 to $2 per square foot to the cost.

In addition to the floor boards, you’ll need to buy some trim to finish off the floor. If you want quarter-round molding in the same wood and finish as the flooring, this can run as much as $5 a lineal foot. Because there’s waste, it takes more than you think. Your flooring company can help you calculate how much you’ll need.

Wood flooring labor costs.

The cost to install your floor can vary a lot depending on where you live, who installs the floor, and how difficult or easy your specific situation is. If you’re having a full-service dealer install your wood flooring, figure between $2 – $4 a square foot.

The price should include having the wood delivered to your home and stacked, removing the existing flooring, prepping the sub floor, installing the flooring, installing all the trim, cleaning up, and hauling away all the debris. Most installers will move your furniture out and back in once as part of the installation process.

All in, a good-quality, pre-finished wood floor will probably cost between $8 and $12 per square foot, or about $1,200 – $1,800 for a 12’ x 12’ room installed. Bamboo or laminate wood flooring will cost less. Premium hardwoods like cherry will cost more.

Before making a commitment, make sure everything is spelled out in writing so there are no unpleasant surprises.

Reducing the cost of wood flooring.

Buying the wood and getting it to your home yourself will bring down the price, and paying cash will sometimes save you another 2 or 3%. Using inexpensive pine molding and adhesive or staples from your local home store will bring the cost down even more. And installing it on your own will probably get the price to about $6 or $7 a square foot, depending on the flooring, where you live, and the competition in your area.

Learn how to install wood flooring here.

Installing wood flooring Image Flickr: j2davis2005
Wood flooring installation Image Flickr: Steve & Jan Cornwell

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