Flooring Renovation: Budget Tips

flooring budget ideas

When starting the plan for a new home floor, it’s a very good idea to try to get your flooring budget ideas detailed out as much as possible. This is the first step before selecting the material of your preference. Here are significant questions to ask before starting: 

Are you going to renovate the existing flooring or replace it?

If your home already has wood flooring, a good amount or all of it can probably be saved with a refinishing. The cost can be considerably lower than a new wood flooring replacement. However, the viability of the floor depends on how much of the flooring is available to sand and re-polish. If the wood is worn down too thin from traffic, warping or damage, it may not be worth the trouble. Visible nail heads, are good example of the end of life of an old floor.

If replacing, what is your price tolerance point?

From tile to carpet to wood, there is a wide range of flooring types. Basic tile can be had for less than $1 per square foot and premium hardwood can reach as much as $12 per square foot or more. The cost is driven primarily by the amount of floor to be covered and the type of flooring chosen. What many find is that they like a particular look, but then when measured they realize its beyond their personal budget. It’s a better approach to measure the floor space to be covered first, and then divide that square footage figure into the budget available. That will likely give a person the upper limit of what’s possible financially right from the start. 

How much flooring to order?

Keep in mind that adjustments to any flooring installation may be required, whether you’re doing the job or someone else. So a good rule of thumb is to buy 10 percent more than what is needed and don’t unpack it. This allows you cover any excess needs. To get help and guidance for all budget flooring ideas, visit Carpet One Floor & Home.