How Much Does It Cost to Refinish Wood Floors?

How Much Does It Cost to Refinish Wood Floors?

Refinishing hardwood floors is a great way to bring new life to worn-out, scratched, or dull-looking wood. This process involves sanding down the surface to remove old stains or finish and then applying new stain or sealant. But how much does it cost to refinish wood floors? The price can vary depending on several factors, including the size of the space, type of finish, and the condition of the existing floors.

Factors Affecting the Cost of Refinishing

1. Size of the Area
   • Refinishing costs are typically calculated per square foot. Larger areas will, of course, cost more to refinish than smaller ones.
2. Condition of the Floor
   • Floors that are deeply scratched, warped, or otherwise damaged may require additional work such as repairs or replacing certain boards, which can increase costs.
3. Type of Finish
   • Different types of finishes (oil-based, water-based, etc.) come with different price points. Oil-based finishes are typically less expensive but take longer to dry, while water-based finishes dry faster and have less odor but may cost more.
4. Labor Costs
   • Labor costs vary by region and contractor, and they can make up a significant portion of the total price.

Average Cost Breakdown

Breakdown of Costs

1. Sanding and Refinishing ($3 – $8 per square foot)
   • The primary cost of refinishing wood floors comes from sanding down the old surface and applying a new finish. This is usually between $3 to $8 per square foot, depending on the type of finish and condition of the floor.
2. Water-Based vs. Oil-Based Finish
   • Water-based finishes cost between $4 to $8 per square foot. They dry faster and have a lower odor, making them a popular choice for homeowners looking for convenience. However, they are generally more expensive than oil-based finishes.
   • Oil-based finishes range from $3 to $6 per square foot. They take longer to dry but provide a rich, classic look and are more durable over time.
3. Additional Repairs
   • If your hardwood floors are damaged or need repairs before refinishing, the cost can increase. Replacing individual boards can cost between $25 and $50 per board, depending on the type of wood.
4. DIY vs. Professional Refinishing
   • While DIY refinishing kits are available for around $300 to $400, the process is labor-intensive and requires skill to avoid damaging the floors. Hiring professionals ensures a high-quality finish and can save time and effort.

On average, homeowners spend between $1,500 and $3,000 to refinish hardwood floors, with the national average being around $3 to $8 per square foot. The final cost will depend on the size of the area, the type of finish you choose, and whether any repairs are needed. Refinishing your hardwood floors is an excellent investment to improve your home’s appearance and maintain the value of your floors for years to come.  Check out these resources for additional info!

• HomeAdvisor Cost Guide
• Angi’s Refinishing Hardwood Floors Cost
• Fixr Wood Floor Refinishing Costs