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🪺 Hardwood Flooring Cost in 2026: Install, Refinish & Compare

Updated March 2026 7 min read Flooring

Flooring is the largest single surface in your home, and costs are priced per square foot — so even a small per-sqft overcharge multiplies into thousands of dollars across a house. Understanding the real price ranges by material type is essential before you get quotes.

Flooring Cost Comparison (Per Square Foot, Installed)

MaterialInstalled Cost/sqft500 sqft RoomLifespan
Solid hardwood (oak)$6–$15$3,000–$7,50025–100 years (refinishable)
Solid hardwood (walnut/cherry)$10–$20$5,000–$10,00025–100 years
Engineered hardwood$5–$16$2,500–$8,00020–50 years
Luxury vinyl plank (LVP)$3–$10$1,500–$5,00010–25 years
Laminate$2–$8$1,000–$4,00010–20 years
Ceramic tile$5–$18$2,500–$9,00050+ years
Porcelain tile$7–$25$3,500–$12,50050+ years
Carpet$2–$8$1,000–$4,0005–15 years

Refinishing vs. Replacing

OptionCost/sqft500 sqft CostWhen to Choose
Refinish (sand + restain)$3–$8$1,500–$4,000Existing hardwood in decent shape, scratches, worn finish
Screen and recoat$1–$3$500–$1,500Light wear, just needs fresh topcoat
Full replacement$6–$20$3,000–$10,000Severe damage, water warping, want different species

Hidden Costs to Watch For

Old floor removal: $1-$5/sqft depending on material. Tile removal is the most expensive due to thinset underneath. Carpet is the cheapest to pull up. Some quotes exclude this — always confirm.

Subfloor repair: If the subfloor is uneven, damaged, or squeaky, it needs repair before new flooring goes down ($3-$12/sqft). Skipping this step causes new floors to buckle, squeak, or crack.

Floor leveling: Uneven concrete subfloors need self-leveling compound ($2-$10/sqft). Common in basements and older homes.

Baseboards and transitions: Baseboard removal and reinstallation ($2-$9/linear foot) and transition strips between rooms ($10-$60 each) add up in multi-room jobs. Get these in writing.

Pro Tips

Engineered hardwood is not cheap hardwood — it performs better over concrete and in basements where solid wood would warp. LVP in higher-quality brands (COREtec, Shaw Floorte) is virtually indistinguishable from real wood and costs 40-60% less. Always check what is included in the per-sqft quote: underlayment, transitions, and baseboards are often extra.

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Frequently Asked Questions

How much does hardwood flooring cost to install?
Solid hardwood flooring costs $6-$20/sqft installed. Engineered hardwood costs $5-$16/sqft installed. For a 500 sqft room, expect $3,000-$10,000 for solid hardwood or $2,500-$8,000 for engineered. The wood species (oak is cheapest, walnut/cherry cost more), board width, and finish all affect pricing.
How much does it cost to refinish hardwood floors?
Refinishing existing hardwood floors costs $3-$8/sqft, or $1,500-$4,000 for 500 sqft. This includes sanding down the old finish, staining (optional), and applying 2-3 coats of polyurethane. It is significantly cheaper than replacing the floors and takes 3-5 days including drying time.
Is LVP as good as hardwood?
Luxury vinyl plank (LVP) is waterproof, scratch-resistant, and costs 40-60% less than hardwood ($3-$10/sqft installed). It looks convincingly like wood in higher-end products. The downsides: it cannot be refinished, it does not add as much resale value as real hardwood, and cheap LVP can look obviously fake.
What is the cheapest type of flooring to install?
Sheet vinyl ($1-$4/sqft installed) is the cheapest. LVP ($3-$10/sqft) offers much better appearance for a moderate price. Laminate ($2-$8/sqft) is also affordable. Standard carpet ($2-$5/sqft installed) is competitive on price but wears out faster.

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