The Cost of Refinishing Hardwood Floors: A Comprehensive Guide

Understanding the Average Cost of Hardwood Floor Refinishing

When considering refinishing your hardwood floors, it’s essential to have a clear picture of the potential costs involved. Let’s break down the average expenses you might encounter:

Typical Cost Range

The cost of refinishing hardwood floors in Canada typically falls between $1,684 to $2,500. This range can vary depending on several factors, which we’ll discuss in more detail later.

Cost per Square Foot

On average, you can expect to pay between $3.52 to $5.00 per square foot for hardwood floor refinishing. This cost includes both materials and labor.

Factors Affecting the Cost Range

Several elements can influence the final price of your refinishing project:

1. Labor costs and availability in your local area
2. The size of the area being refinished
3. The complexity of the work required

Factors Influencing Hardwood Floor Refinishing Costs

Let’s dive deeper into the various factors that can impact the cost of refinishing your hardwood floors:

Cost of Refinishing Stairs

If your project includes refinishing hardwood stairs, you should be prepared for higher costs. The average cost per stair tread ranges from $50 to $80. This higher price is due to the small, detailed surfaces that require more time-consuming work.

DIY Refinishing Costs

For the handy homeowners out there, tackling this project yourself can save money. Here’s what you need to know about DIY refinishing costs:

Equipment Rental

• Upright sander rental: $60 to $70 per day
• It’s recommended to rent for a full week for larger projects
• Upright sanders come in two types:
  1. Belt-action sanders (heavy-duty but require more skill)
  2. Orbital-action sanders (easier to use but less powerful)

Finishing Materials

• Polyurethane finish: $40 to $85 per gallon
• One gallon is typically enough for 2 coats on 300 sq ft
• Oil-based polyurethane is preferred by professionals, while water-based is easier for DIYers

Contractor Refinishing Costs

If you decide to hire a professional, here’s what you can expect:

• Labor time: 4-5 hours per 100 sq ft

Several factors can affect contractor costs:

1. Floor Size: Smaller rooms are often more expensive to refinish than larger rooms due to the difficulty of maneuvering large equipment in tight spaces.
2. Repairs: The cost of repairing damaged floors varies depending on the extent of the damage. It’s necessary to repair cracks before refinishing.
3. Cleanup: Refinishing can be messy, and cleanup costs may not be included in the contractor’s bid. You might need to hire a cleaning service.
4. Other Factors:
   • Contractor’s skill level
   • Local labor costs
   • Removal of existing flooring (e.g., carpet)
   • Cost of moving furniture

Benefits of Hardwood Floor Refinishing

While the costs may seem significant, refinishing your hardwood floors offers several advantages:

1. It’s less expensive than full floor replacement
2. The process is faster than replacement
3. It increases home value for potential sale
4. It revives the look of old hardwood floors

Comparing Hardwood Refinishing to Other Flooring Options

While we’re focusing on hardwood floor refinishing, it’s worth considering how it compares to other flooring options. Let’s look at some popular alternatives:

Luxury Vinyl Plank Flooring

Luxury vinyl plank (LVP) flooring has gained popularity in recent years. Here’s why:

• Waterproof: Unlike hardwood, LVP is fully waterproof, making it suitable for areas like kitchens and bathrooms.
• Durability: With a strong wear layer, LVP is highly resistant to scratches and scuffs.
• Easy Installation: Many LVP options feature interlocking planks for easy DIY installation.
• Variety: LVP comes in a wide range of colors and styles, including realistic wood looks.

Laminate Flooring

Laminate is another popular alternative to hardwood:

• Cost-effective: Generally cheaper than hardwood refinishing
• Durable: Resistant to scratches and wear
• Easy to Clean: Requires minimal maintenance
• Wood-look Options: Can mimic the appearance of hardwood

Tile Flooring

Tile is a versatile option that offers:

• Waterproof Properties: Ideal for bathrooms and kitchens
• Durability: Highly resistant to wear and tear
• Variety: Available in numerous styles, including wood-look options
• Easy to Clean: Simple to maintain and keep hygienic

While these alternatives have their benefits, they can’t match the warmth and authenticity of real hardwood floors. Refinishing your existing hardwood can give you the best of both worlds – the beauty of wood and the fresh look of a new floor.

Making Your Decision: A Comparison Table

To help you make an informed decision, here’s a comparison table of different flooring options:

Conclusion: Is Hardwood Floor Refinishing Worth It?

Refinishing your hardwood floors is a cost-effective way to modernize and maintain your home. While many factors affect the total cost, it’s generally more affordable than a full floor replacement.

Here’s why hardwood floor refinishing is a worthwhile investment:

1. It significantly improves your home’s appearance
2. It increases your property value
3. It’s more affordable than replacing the floors
4. It preserves the authentic charm of real wood

Remember, the exact cost will depend on your specific situation. Factors like floor size, condition, and local labor rates all play a role. It’s always a good idea to get multiple quotes from reputable contractors before making your decision.

By refinishing your hardwood floors, you’re not just improving your home for today – you’re making an investment in its future. Whether you’re planning to sell or simply want to enjoy your beautiful floors for years to come, refinishing is a smart choice that combines the best of both worlds: the timeless appeal of hardwood and the fresh look of a new floor.