Is it cheaper to refinish hardwood or install laminate?

Author: Lafayette Huels  |  Last update: Thursday, August 3, 2023

The truth is, it is almost always cheaper to refinish your floor than to replace it. When replacing, you must consider the cost of the new wood as well as the installation, plus the cost to haul your old wood floors away.

Does replacing hardwood with laminate decrease home value?

There are advantages and disadvantages to each, and the value they add also varies. A solid hardwood floor will add more value to your home than a laminate floor in most cases, but that's not the whole story.

Should you replace hardwood floors with laminate?

And, while hardwood can wear more quickly than laminate, it is possible to refinish it at a much lower cost than replacement, whereas laminate must be replaced once it is worn out. Laminate, in comparison, better resists scratches, dents, and water damage and is much more affordable from the start.

Is it cheaper to refinish hardwood or install vinyl plank flooring?

I've had floors refinished many times and it was always cheaper than vinyl plank. With wood floors you already have the material for the most part. And the labor is a relatively quick and simple process.

Is it cheaper to refinish or replace hardwood flooring?

So, when all is said and done, refinishing hardwood is definitely the more affordable option. Even if it requires removing a few severely damaged planks here and there, refinishing will generally always be less costly than tearing out the entire floor.

How much does it cost to refinish hardwood floors?

Is it worth refinishing old hardwood floors?

Wood Floor Condition

The condition of the flooring is the most significant factor when choosing to refinish or replace. If the damage is mostly superficial, refinishing is usually the best choice. But if the damage is severe and includes rot or water damage, those planks will have to be replaced.

Is it worth saving old hardwood floors?

Almost All Old Wood Floors Are Salvageable

If your home has old wooden flooring, it is best to restore it. It is less expensive than installing carpet, and in Victorian, Edwardian and early twentieth-century homes, you are keeping what the architect originally intended.

Does vinyl plank flooring lower home value?

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. It's important to recognize that while you may spend less on vinyl vs.

Should I remove old hardwood before installing vinyl plank?

Yes, vinyl is flexible enough to be placed over most anything, including hardwood, but you will need to be mindful of special requirements. Luxury vinyl, especially plank, needs a smooth surface, so the installer may need to sand it to level any uneven spots.

Does refinishing hardwood floors increase home value?

Refinishing hardwood floors increases your home's value tenfold. It could very well be one of the best decisions you can make for yourself. If you want to sell your home, then consider refinishing the hardwood floors or installing new ones.

Why do people put laminate over hardwood?

For one thing, if you ever want to revert back to the original hardwood, you can simply pull out the laminate and the old floor has suffered no damage. Additionally, laminate flooring can mimic the look and style of the original flooring, without all the work of restoring the old hardwood.

What is the best flooring to go over hardwood floors?

You guessed it: Go for laminate. You can even install it over existing hardwood floors that you just don't have the time or energy to refinish — no judgment here! Typically, laminate floors come completely finished, and they are installed following a simple tongue and groove system.

What is the best flooring to put over hardwood floors?

Laminate flooring can be installed on top of hardwood boards that are in fairly good condition with no preparatory work at all. If the laminate has a built-in underlayer, you could simply lay it on top of the hardwood flooring.

What is the downfall of laminate flooring?

Susceptible to liquid damage: Laminate floors are sensitive to moisture. Oversaturation of any liquid, not just water, can cause the planks to buckle, stain and break down if left untreated.

What color flooring is best for resale?

Greige and white oak are two of the most popular choices for hardwood flooring when it comes to house resale. They provide timeless elegance and neutrality, making them ideal for any home.

Does laminate flooring hurt resale value?

Laminate flooring is often considered to have a lower resale value than solid wood or engineered wood. Resilient flooring tends to rate even lower than laminate flooring, though categories start to overlap with better types of resilient flooring like thick rigid core luxury vinyl plank.

When should you not refinish hardwood floors?

Floors with extreme movement between boards are not good candidates for refinishing because "the movement will affect the sanding and finish," Lupresto says. Substantial structural problems — those that require the flooring to be removed so the subfloor can be fixed.

When should you not install hardwood floors?

Moisture in Spring and Summer

Like any other organic or natural product, wood also absorbs moisture because it is highly porous. If the hardwood flooring installation is done either in the summer or the spring, then your floors might become vulnerable to distortion, as these seasons have the highest humidity levels.

What lasts longer vinyl or hardwood?

Durability. Although hardwood floors require more maintenance than vinyl flooring, this means that they typically last much longer than vinyl flooring.

Do high end homes use vinyl plank flooring?

Many homeowners, interior designers, and builders are opting for Luxury Vinyl Flooring as a substitute for other vinyl-type options due to its hardwood style. Compared with other hardwood flooring it is an attractive choice for those who want some classic hassle-free flooring without high-price tags.

What is the best flooring to increase home value?

Wood floors are one of the best investments you can make. They're durable, versatile, and most buyers love them. According to real estate experts, the average ROI for installing hardwood floors is about 70% to 80%, and wood floors can boost the sales price of your home as much as 2.5%.

Do buyers prefer carpet in bedrooms?

“Buyers like carpet in bedrooms, especially in basement bedrooms, for comfort and warmth.” Carpet is also much quieter to walk on than other types of flooring and can help absorb noise. It can mask sounds, such as footsteps and squeaky floors, Fisher adds.

What are the cons of refinishing hardwood floors?

REFINISHING CONS

- Dust, dust, dust. While many companies claim to have excellent dust mitigation systems that really do limit the amount of dust that will inevitably collect in every nook and cranny of your home, no system is 100% dust free. - Smell. Staining floors is stinky and toxic.

How to redo hardwood floors on a budget?

Aside from hiring a professional to do the job, you can try to refinish the hardwood by using a store-bought abrasion kit, recoating it with a polyurethane solution, or applying a revitalizer. For better DIY refinishing project results, proper floor cleaning is an important step to make the coating stick better.

What brings hardwood floors back to life?

Now that your floors are clean and dry, applying a coat of polish is a great way to revive your hardwood floor's finish. A coat of hardwood floor polish can even out a floor's look, filling in any micro scratches and adding a new protective layer on top of your floor.

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