Exotic woods may cost as much as 15 or even more per square foot which is a dramatic price difference when compared to vinyl plank.
Lvp vs hardwood cost.
Traditional mid grade woods cost approximately 5 to 10 per square foot.
When it comes to comparing lvp flooring to hardwood there are a number of things to take in to consideration ranging from where the flooring is being installed to cost and longevity expectations.
To properly maintain hardwood treatment and refinishing time and money must be spent.
Lvt is also softer and quieter than actual stone or tile which is an added benefit for a home with children.
Vinyl plank flooring installation cost is 1 50 2 75 per square foot for most jobs.
Don t forgot the cost per sqft of the underlayment which can be substantial.
If you wanted to install a 200 square foot vinyl floor you would be looking at around 800 1 000.
It is durable and easy to install.
Finally it s simply impossible to mimic hardwood entirely from the feeling to the look and smell some people will simply prefer hardwood.
Hardwood floors have the bonus of adding a lot of value to your home.
Cost factors are explained in detail below but the most important one is who installs the flooring.
Cost is not only a baseline factor with the average hardwood floor costing between 8 25 sq.
Since many people don t have the tools or knowledge to install hardwood flooring themselves they often pay a contractor to complete the.
The lvp does not look or feel like real wood.
This does include the cost of installation.
The average cost of vinyl floor tiles or planks is about 3 per square foot and the average installation cost is 2 50 per square foot for a total of 5 50 per square foot.
With fewer levels of distribution fewer middlemen the lvp can be sold at a more competitive cost.
This is part of the reason why hardwood floors consistently increase the resale value of a commercial space they simply look better for longer and are more in demand than lvp.
Luxury vinyl tile costs range from 2 00 to 5 00 per square foot and can last for years.
Hardwood flooring costs anywhere from 8 00 to 25 00 per square foot.
However a pre finished average quality hardwood choice with installation will cost approximately 8 25 per square foot.
Ft it is also a factor that increases the price gap between luxury vinyl vs.
I am opting for engineered hardwood based on the fact that it looks like solid hardwood.
The importance of this higher resell value can t be overstated hardwood flooring truly is an investment and well worth the benefits that far outweigh the perceived advantages of luxury vinyl plank flooring.
Lvt retains all the same benefits of lvp in that it is easy to clean and maintain.
The engineered hardwood is costing more money than the lvp but on 270 sqft install the price per sqft is not really a big deal.