The Average Cost of New Flooring

Published: 06th October 2010
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Beautiful new floors can do a lot to improve the look and comfort of your home. Different types of flooring can create different moods. Some are very utilitarian, while others can be pure luxury and extravagance. Choosing the right flooring for each room of your home can be a fun process that allows for self-expression as well as improved functionality. It is surprising then, that flooring is one of those things that many people overlook when considering home improvements, often letting floors go until they are well past due.

One of the first questions that everybody asks when considering any home improvement is "How much will this cost?" Flooring is no exception. Several factors can contribute to the cost of new flooring, including the type of materials, the size of the space, and the cost of labor.

Various flooring materials come with difference price tags. Carpeting alone comes in many different grades and price levels. Apartment grade is the lowest grade of carpet and costs about $6-$12 per yard, (with the pad costing about $2-$3 per yard) and can be expected to last 2 or 3 years. The next step up from apartment grade is builder grade carpet, which costs about $9-$15 per yard ($3-$4 per yard for the pad) and lasts 4 to 8 years. Upgraded residential carpet lasts about 7-12 years and runs about $15-$23 per yard. The pad for this grade usually costs $3-$5 per yard. Finally, high quality residential carpet usually costs in the neighborhood of $25-$40 per yard and can be expected to last 12 to 20 years.

Another popular residential flooring choice is Wood flooring. Prices range from $4 per square foot and up. Wood flooring has three man types: solid, engineered, and laminate. Standard solid-strip hardwood flooring usually runs around $8 per square foot for materials, insulation, and finishing. Wide pine planks can provide a popular traditional look, though they cost a little more, around $12 per square foot. Bamboo is another popular choice, costing $4-$6 per square foot. Higher price tags of up to $15 per square foot are generally found on exotic woods, such as Australian Cypress or Brazilian Cherry. One of the biggest determining factors of your final cost is which flooring contractor you choose.

Different contractors have different price tags, as well as different levels of experience and expertise. The cost will aslo vary depending on where you live. For example, California flooring contractors will generally be able to charge more than contractors in the Midwest, for example. The key to a successful flooring project is getting estimates from several local flooring contractors before choosing one. This will allow you to get an idea of the current market and make an informed decision. It is a good idea to call around five prospective companies, but certainly no less than three. The best way to get a great deal on flooring is to know the market value for what you are buying.

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