On average, flooring costs between $1,500 and $4,500 with an average price of about $3,000 to cover a 500-square-foot space. The cost of your project will vary depending on factors like your home's the location, the type of flooring you choose and which flooring contractor you hire.
Carpeting per square foot can range from $2 to $10, but the average price is around $5. Laminate flooring costs anywhere from $3 to $12 per square foot, but the average price is around $7.
Carpet costs on average $3-4 per square foot, but has been known to increase to $4.50-5.50 per square foot when installation is factored in. Luxury vinyl can be priced from $2-$5 per square foot including the cost of installation for commercial products.
Typically, installation of hardwood floor takes anywhere from 1 to 3 days. The average job size ranges from 1000 to 5000 square feet. A two-person team of installers is typically able to complete 750 to 1000 square feet of flooring each day.
Most carpet is considerably less expensive than most hardwood materials. And although carpeting does need to be replaced every few years, perfectly acceptable carpeting may be available for less than $1 per square foot. Costs can also run as high as $20 per square foot for the highest quality wool carpets.
The average cost of installing hardwood floors is $3–$10 per square foot for materials and $3–$8 per square foot for labor, totaling $6–$18 per square foot. A single 200-square-foot room might cost $1,200–$3,600, while a 2,000-square-foot house could cost $12,000–$36,000.
While costs are similar, the value of premium vinyl far exceeds that of laminate based on quality and value. Unlike laminate, premium vinyl is durable and stable, resistant to moisture and climate, and is easy to install and maintain. Laminate is restricted to light traffic and low moisture applications.
Average material cost of flooring at Lowe's is about $1.95 to $6.75 per square foot, and installation will cost around $2.25 to $8.50 per sq. ft.
Vinyl flooring installation typically takes between 1-2 days to complete. Some types of vinyl flooring, such as plank and tile, need a few days to acclimate to the temperature and humidity in your home prior to the installation. This process prevents expanding and contracting after the flooring is installed.
The average cost to install vinyl plank flooring is between $2.50 and $13 per square foot with labor. Below is a breakdown of your installation costs.
Sheet vinyl costs on average between $1 and $2 per square foot, while luxury vinyl runs between $2 and $7 per square foot. Installation cost also tends to be less for sheet vinyl than luxury vinyl.
In terms of durability and longevity, hardwood flooring is the obvious winner. Hardwood floors are composed of durable materials that can last 50 to 100 years if properly maintained. Carpets, however, typically only last as long as the quality of the material.
If you're doing a whole house renovation, you may be looking at replacing carpet with hardwood floors. It's a smart idea; hardwood flooring is preferred by home buyers and renters across the United States so it could improve the resale value of your home when it comes time to sell..
Hardwood Flooring Increases Home Value: Installing hardwood floors can be an excellent way to increase the value of your home when you're ready to sell. Many buyers are attracted to this type of flooring because they know they won't need to spend extra money on repairs or replacements down the road.
You don't want anything impeding their direct access to the space or requiring them to weave around through other hallways and rooms. If square footage inside your home is tough to come by, or if you're installing new flooring in multiple rooms, we recommend getting your furniture out of the house.
On average, a two-person crew can lay 800 to 1,000 square feet of flooring per day. Depending on the size of the planks and size of the room, the project can take one to three days to complete. However, you need to account for removal as well as any prep work that may be needed.
Installing new hardwood can be just as messy as it can involve several steps including removing or preparing the existing floor and cutting the planks of the hardwood to the proper size. While the saw will usually be set up outside of your house, even that can't prevent some dust from collecting inside.
So the short answer to “does new flooring increase home value?” is yes—if you're smart about your selections. The right upgrades also make your house move faster on the market. Follow these 5 pro tips to get the most out of this wise home investment.
Yet when it comes to resale, be sure to factor in that some people are not aware of all the benefits of vinyl. While luxury vinyl flooring has come a long way from its creation and has increased in durability and visual appeal, unfortunately vinyl may decrease your resale value in the long run.
LVT will never look “cheap” — it will make your life easier and enhance the look and comfort of your home.