When planning to do a floor renovation, most homeowners are concerned about the cost. Nowadays, there are so many flooring options to choose from that it can be hard to figure out what the right price is for each type. You don’t want to pay for an inferior product, but want a good deal for great flooring. For the average consumer, it’s not that easy to differentiate a good deal from a bad one.
Below are three of the most popular flooring choices: carpet, tile and hardwood, and what is the right price to pay for each of them:
Carpet is priced per square yard or square foot. While average carpet prices start at $2 a square foot, middle-grade quality ranges from $3 to $4 a square foot. Expect to pay about $5 or more per square foot for designer or high-grade quality carpet.
When installing carpet, you also have to consider additional costs like padding. Padding can cost about $2.50 to $6 per square foot. Don’t get fooled by free padding promotions, which are usually cheaply made, thin and often results in consumers paying for an upgrade.
Because of its durability, various styles, and reasonable prices, tile flooring is a popular choice among homeowners. One thing to note is that tile prices vary widely, from $1 per square foot up to more than $25, depending on the type.
For example, glazed ceramic tiles start around $1 per square foot, while porcelain, marble and granite tiles start at $2 per square foot. The most expensive type of tiles includes mosaic, glass, leather and metal, which can run up to $25 per square foot.
Expect to pay $6 to $6.50 per square foot for tile installation. Anything lower than these prices should raise a red flag. Cheap labor costs may mean that your installers do not have the proper training, qualifications and experience you are expecting, resulting in improper installation and cracked tiles in just a couple of years.
Hardwood floors are usually a luxurious choice for homeowners. This type of flooring is beautiful, but can be hard to maintain. The cheapest hardwood can start from $2 a square foot and go up to $30 or more for the high end.
A popular type of hardwood is called engineered hardwood, which is much more durable and affordable than solid wood floors. Expect to pay about $8 per square foot for engineered hardwood flooring and an additional $2 per square foot for installation.