The cost of hardwood floor refinishing in Maryland ranges from $3.50 – $5.00 per sqft. This price is dependant on the level of wear on the floors, what materials are requested to be used, and the size of the space.
For the most accurate quote on hardwood floor refinishing in Maryland, give us a call today!
| Tier | Cost (per sq. ft.) | 500 sq. ft. | 1000 sq. ft. | 2000 sq. ft. |
|---|---|---|---|---|
| Basic | $3.50 | $1,750 | $3,500 | $7,000 |
| Standard | $4.25 | $2,125 | $4,250 | $8,500 |
| Premium | $5.00 | $2,500 | $5,000 | $10,000 |
Factors Affecting The Cost Of Hardwood Floor Refinishing
Several factors can affect the cost of hardwood floor refinishing. Understanding these variables helps explain price differences across different projects and service providers:
Floor Size: Larger spaces require more materials and labor, increasing the overall cost. Prices are often calculated per square foot, so refinishing a larger area will naturally be more expensive.
Condition of the Floor: Floors with significant damage, such as deep scratches, stains, or water damage, may need more extensive repairs before refinishing. This adds labor time and could require additional materials, leading to higher costs.
Type of Wood: Different wood types may require specific sanding techniques or finishing products, which can impact the cost. For example, harder woods like oak or maple may need more labor, while softer woods may require special care.
Staining: Adding a stain to the floor will increase the price, as it requires extra steps in the refinishing process. Custom colors or multiple stain applications can further raise the cost.
Number of Finish Coats: The more coats of finish applied, the higher the cost. Premium finishes or high-durability products also tend to be more expensive but offer longer-lasting protection.
Labor Costs: Labor rates can vary depending on the region and the skill level of the contractor. Experienced professionals or companies with high demand may charge more for their services.
Equipment and Materials: The quality of the sanding equipment and finishing materials used can also affect the price. Higher-quality materials and professional-grade equipment typically result in a better finish but come at a higher cost.
Project Complexity: Projects that involve working around corners, stairs, or tight spaces may require more precision and time, leading to higher labor costs.
Location: Costs may also vary based on your geographic location, as regions with a higher cost of living tend to have higher service rates.
These factors combined help explain the range in pricing for hardwood floor refinishing projects.
Does Hardwood Floor Refinishing Increase The Value Of My Home?
Hardwood floor refinishing can significantly increase the value of your home. Here are some key points on how it impacts home value:
Return on Investment
Refinishing hardwood floors offers an excellent return on investment:
- The average ROI for refinished hardwood flooring is around 348%.
- You can expect to recover 100% of the cost spent on refinishing hardwood floors.
- The increase in home value can be up to 2.5 times the cost of the refinishing project.
For example, if you spend $3,000 on refinishing, the potential increase in home value could be as much as $7,500
Impact on Sale Price
Refinished hardwood floors can boost your home’s sale price:
- Buyers are willing to pay around $5,000 more for homes with refinished hardwood floors3.
- Nearly 54% of home buyers report they are willing to pay more for a home with finished hardwood floors.
- Homes with hardwood floors tend to sell at a premium compared to homes with other types of flooring.
Aesthetic Appeal and Marketability
Refinished hardwood floors enhance your home’s appeal to potential buyers:
- They make a dramatic first impression, setting a positive tone for home viewings.
- Listings mentioning “refinished hardwood floors” attract more attention from buyers.
- 99% of real estate agents agree that homes with hardwood floors are easier to sell.
Additional Benefits
Beyond increasing home value, refinished hardwood floors offer other advantages:
- They improve the overall aesthetic of your home.
- Refinishing is more cost-effective than installing new hardwood floors.
- It extends the life of existing hardwood floors, appealing to buyers looking for durability.
- Refinished floors are easier to maintain, which is attractive to potential buyers.
In conclusion, hardwood floor refinishing is a highly effective way to increase your home’s value, offering a substantial return on investment and making your property more attractive to potential buyers.
Takeaway
In conclusion, the cost of hardwood floor refinishing in Maryland typically ranges from $3.50 to $5.00 per square foot, depending on various factors such as floor size, condition, type of wood, and the specific services needed. These factors can greatly influence the final price of your project. For the most accurate quote tailored to your needs, give us a call today! We’re here to help you get the best results for your hardwood floors.