How Much Do New Hardwood Floors Cost

How Much Do New Hardwood Floors Cost?

Installing new hardwood floors is a significant investment that can add value and beauty to your home. However, it's important to understand the costs involved before you start the project.

The cost of new hardwood floors depends on several factors, including the type of wood, the size of the area, and the complexity of the installation. Here's a breakdown of the average costs for each of these factors:

Type of Wood

The type of wood you choose is one of the biggest factors that will affect the cost of your new hardwood floors. Here are some of the most popular types of wood and their approximate cost per square foot:

- Oak: $4-$8 - Maple: $5-$9 - Cherry: $6-$10 - Walnut: $7-$12 - Mahogany: $8-$14

Size of the Area

The size of the area you're installing hardwood floors in will also affect the cost. Larger areas will require more materials and labor, so the cost per square foot will be higher.

Complexity of the Installation

The complexity of the installation will also affect the cost. Factors that can increase the complexity of the installation include:

- Uneven subfloors - Multiple rooms - Complex patterns - Stairs

Other Factors

In addition to the factors listed above, there are a few other factors that can affect the cost of new hardwood floors, including:

- Labor costs: The cost of labor will vary depending on the location and availability of installers. - Sanding and refinishing: If you're installing unfinished hardwood floors, you'll need to factor in the cost of sanding and refinishing. - Moldings and trims: Moldings and trims can add to the overall cost of the installation.

Total Cost

The total cost of new hardwood floors will vary depending on the factors listed above. However, you can expect to pay between $6 and $15 per square foot for materials and installation.

Financing Options

If you're not able to pay for new hardwood floors upfront, there are a few financing options available. You can apply for a home equity loan or line of credit, or you can use a credit card with a low interest rate.