According to David Goodell, founder of Woodworking Clarity, “When you are dealing with a reputable company, you won’t get hidden costs. Accounting for these factors should provide homeowners with a fairly accurate estimate of the overall cost. There are many options available when it comes to choosing hardwood flooring. Whether the wood flooring is engineered or traditional solid hardwood will also play into the cost. The factors that go into calculating hardwood flooring cost include the square footage of material, labor, and wood type as well as color, grain, plank width, style, pattern, and thickness. (square footage + 5 percent to 10 percent of square footage) x price per square foot = costįor example: (400 + 40 = 440) × $6 = $3,520 for a low-end estimated cost Factors in Calculating Hardwood Flooring Cost The formula for calculating overall cost is: It’s important to include the price of extras such as nails, moldings, and thresholds. The typical range for price per square foot is between $6 and $12, so it may be worth it to calculate both the low and high end of possible costs. That figure is then multiplied by the square foot price to find the total cost. To figure out hardwood flooring cost per square foot, homeowners can calculate the square footage of the room, then add 5 percent to 10 percent for cuts and waste. Knowing how to calculate the overall hardwood floor installation cost will take away any sticker shock down the road. Regardless of the style chosen, installing wood flooring not only improves the overall appearance of the room but also adds resale value and helps to increase the marketability of a home. Some hardwood flooring professionals will include the removal of old wood flooring or carpeting in the price of installation and trim, but others may charge separately for that service. Hardwood flooring costs can fluctuate due to the type of wood, the width of the planks, the stain chosen, the type of adhesive, and the flooring style. On average, approximately 50 percent to 75 percent of the project budget will go to materials and the rest to labor costs. Flooring professionals charge between $6 and $12 per square foot, and high-end jobs can run as high as $13 to $25 or more. According to HomeAdvisor and Angi, the typical cost range runs from $2,483 to $7,028, with the national average at $4,722. Hardwood flooring can add texture and warmth to any room, but what is the cost to install hardwood floors? Several factors come into play when homeowners are estimating hardwood flooring cost. A handy homeowner may be able to tackle hardwood flooring installation as a DIY project, but hiring a professional ensures proper installation and fewer issues down the road.Hardwood flooring has numerous benefits, including durability, low maintenance, design versatility, reduced allergens in the home, and an increased home value.Some of the most influential factors on the total cost include the size of the room, the type of the wood, the color and grain of the wood, the grade and width of the boards, the cost of labor, and the home’s geographic location. ![]() Hardwood flooring typically costs between $2,483 and $7,028 to install, with homeowners across the country paying an average of $4,722.
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