Hardwood vs Laminate Flooring: Cost, Durability, and Value

Updated March 24, 2026 · Expert-verified answer

Quick Answer

Hardwood ($8–$15/sq ft installed) adds resale value, lasts 50+ years, and can be refinished. Laminate ($3–$8/sq ft installed) is cheaper, scratch-resistant, and great for DIY, but can't be refinished.

Cost Breakdown

Service Low High Notes
Laminate (per sq ft) $3 $8
Engineered hardwood (per sq ft) $6 $12
Solid hardwood (per sq ft) $8 $15
LVP/LVT (per sq ft) $4 $10
Tile (per sq ft) $8 $18

Hardwood vs Laminate Flooring: Cost, Durability, and Value

Hardwood ($8–$15/sq ft installed) adds resale value, lasts 50+ years, and can be refinished. Laminate ($3–$8/sq ft installed) is cheaper, scratch-resistant, and great for DIY, but can''t be refinished.

Related Questions

How do I find a good flooring installation professional?

Check reviews, verify licensing and insurance, get 2-3 quotes, and ask for references from recent projects.

Do I need a permit for flooring installation?

It depends on the scope. Most cosmetic work doesn't need permits, but structural, electrical, and plumbing changes typically do. Your contractor should know local requirements.

How can I save money on flooring installation?

Get multiple quotes, schedule during off-peak seasons, bundle multiple projects, and ask about payment discounts.