How Much Does New Hardwood Flooring Cost

How Much Does New Hardwood Flooring Cost?

Hardwood flooring is a timeless choice that can add beauty and value to your home. However, before you embark on a hardwood flooring project, it's essential to understand the costs involved.

Material Costs

The material cost of hardwood flooring can vary widely depending on the type of wood, finish, and thickness. Common species include oak, maple, walnut, and cherry. The average cost for unfinished solid hardwood is between $3 and $8 per square foot, while prefinished solid hardwood costs $5 to $12 per square foot. Engineered hardwood, which is more durable and moisture-resistant, ranges from $4 to $10 per square foot.

Installation Costs

The cost of installation can add a significant amount to the overall cost of your hardwood flooring project. The average labor cost for hardwood flooring installation is between $5 and $10 per square foot. This includes removing existing flooring, preparing the subfloor, and installing the new hardwood.

Factors Affecting Cost

Several factors can affect the cost of new hardwood flooring, including:

Species of wood: Exotic woods and rare species are more expensive than common types.
Finish: Prefinished hardwood is more expensive than unfinished hardwood, but it saves on the cost of finishing.
Thickness: Thicker hardwood planks are more durable and expensive than thinner ones.
Square footage: Larger rooms will require more materials and labor, resulting in a higher cost.
Location: The cost of hardwood flooring can vary depending on your geographic location and the availability of contractors.

Estimated Costs

Based on the factors mentioned above, here is an estimated breakdown of the cost of new hardwood flooring:

Unstained unfinished solid hardwood: $8-$15 per square foot
Prefinished solid hardwood: $10-$20 per square foot
Engineered hardwood: $8-$18 per square foot

Additional Costs

In addition to the material and installation costs, there may be additional expenses associated with a hardwood flooring project:

Subfloor preparation: If your subfloor is uneven or damaged, it may need to be repaired or replaced before installing hardwood.
Moldings and transitions: Moldings and transitions are necessary to finish the edges of the hardwood flooring and connect it to other flooring surfaces.
Finishing: If you choose unfinished hardwood, you will need to apply a finish, such as polyurethane or oil, to protect the floor.
Maintenance and repairs: Hardwood flooring requires ongoing maintenance, such as cleaning and refinishing, and occasional repairs.

Conclusion

The cost of new hardwood flooring can vary significantly depending on several factors. By understanding the material costs, installation costs, and additional expenses, you can accurately budget for your hardwood flooring project. Remember that hardwood flooring is a long-term investment that can enhance the beauty and value of your home for years to come.