How Much To Have Wood Floors Refinished

How Much Does it Cost to Refinish Wood Floors?

Refinishing hardwood floors breathes new life into a home, enhancing its aesthetic appeal and increasing its value. However, it's a project that requires careful budgeting. The cost to refinish wood floors varies considerably depending on several factors. Understanding these factors allows homeowners to make informed decisions and prepare financially.

Factors Influencing Refinishing Costs

Several key elements contribute to the overall cost of refinishing hardwood floors:

Square Footage: The larger the area, the higher the cost. This is the most significant factor influencing the final price.
Type of Wood: Some wood species are harder and more time-consuming to refinish, impacting labor costs.
Current Condition: Floors requiring extensive repairs, such as significant damage or deep scratches, will increase the overall cost.
Refinishing Process: The chosen method, whether sanding, screening, or recoating, affects the price. Sanding is the most intensive and expensive.
Number of Coats: More coats of finish translate to higher material and labor costs.
Stain Choice: Different stains vary in price, with premium or custom colors often costing more.
Geographic Location: Labor costs fluctuate depending on the region and local market conditions.
Contractor's Fees: Different contractors have varying pricing structures, including hourly rates or project-based fees.

Average Refinishing Costs

While precise costs depend on the factors outlined above, providing a general range can be helpful for initial budgeting. Nationally, the average cost to refinish hardwood floors ranges from $3 to $8 per square foot. This includes labor and materials for a standard sanding and refinishing process.

Cost Breakdown by Refinishing Method

The chosen refinishing method significantly influences the overall cost:

Sanding and Refinishing: This is the most thorough method, involving sanding down to bare wood, applying stain (optional), and then applying several coats of finish. Expect to pay between $3 and $8 per square foot.
Screening and Recoating: This less intensive method involves buffing the existing finish and applying a new topcoat. It's suitable for floors in relatively good condition without deep scratches or significant wear. Costs typically range from $1 to $2 per square foot.
Recoating: This involves simply applying a fresh coat of finish over the existing one. It's the most affordable option, best suited for floors with minimal wear. Expect to pay between $0.50 and $1.50 per square foot.

Additional Costs to Consider

Beyond the basic refinishing process, several additional costs may arise:

Furniture Removal: Some contractors include furniture removal and replacement in their quotes, while others charge separately.
Floor Repairs: Significant repairs, such as replacing damaged boards or fixing subfloor issues, will add to the project's cost.
Staining: Adding stain increases both material and labor costs.
Stair Refinishing: Refinishing stairs is often more labor-intensive and therefore more expensive than refinishing flat surfaces.
Disposal Fees: Contractors typically charge for the disposal of old finish and sanding dust.

Obtaining Accurate Estimates

Getting accurate cost estimates is crucial for effective budgeting. Homeowners should obtain quotes from multiple reputable contractors. These quotes should be detailed, specifying the scope of work, materials used, and all associated costs.

Tips for Saving Money

Several strategies can help homeowners minimize refinishing costs:

Prepare the Room: Clearing the room of furniture and belongings beforehand can save on labor costs.
Compare Quotes: Obtaining multiple quotes allows for comparison and selection of the most competitive price.
Consider DIY for Smaller Projects: For smaller areas or simple recoating projects, DIY can be a cost-effective option if you have the necessary skills and equipment.
Negotiate with Contractors: Don't hesitate to negotiate on price, especially for larger projects.
Choose a Less Expensive Finish: While premium finishes offer enhanced durability and aesthetics, opting for a standard finish can save money.

Planning Your Refinishing Project

Careful planning is essential for a successful refinishing project. Consider factors like timing, budget, and desired outcome. Thorough research and preparation will contribute to a smooth and cost-effective project, ultimately enhancing the beauty and value of your home.