When it comes to renovating a home, a floor replacement/installation project is considered significant as it impacts the overall look and feel of the home.
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This labor-intensive process requires expertise and skill. And while getting your hands dirty on this project, estimating the cost of floor replacement is a substantial challenge.
We understand that math is the last thing you want to do in this project. That’s why we will tell you five steps on how you can do the floor replacement cost estimation in an easier and less exhausting way.
Determine The Square Footage Required
Knowing how much area you want to cover is the first step to estimate the costs. The flooring of all types is sold per square foot and for this, you have to measure the square footage of that specific area. This can be measured with the help of tape. However, if you have blueprints, it can save you time as you won’t have to move from one corner to another holding the measuring tape.
Start measuring rooms one by one. Be vigilant while measuring the L-shaped rooms. Once careful measurements are done, add the square footage of all rooms, and you will know the total square footage required. You can also outsource takeoff services if you have the house plans ready and need the material estimate.
Know The Price of Materials
Explore the market, so you get the idea of the price of the materials, and what types of flooring materials are there. Makes notes on the price. The cost and range vary from type of floor, and the most common flooring materials include natural stone flooring, engineered stone flooring, laminate flooring, vinyl flooring, and carpeting.
If you are looking for inexpensive options, the range typically is less than $2 per square foot for carpet, vinyl, or ceramic tile to $8 for stone or wooden flooring.
Knowing The Installation Price
You have decided the type of floor you want, you have measured the square footage, and explored the market to know the flooring costs. Now, you have got to get the estimates of flooring replacement per square foot. The estimates might vary from carpet and laminating floor being the cheapest to install to the concrete and ceramic tile being the costliest ones.
Don’t get one or two estimates for the replacement. Get several estimates and find the lowest prices. But, if you use the estimate service, the bids are comparatively competitive.
Sum It All Together
Multiply the cost of material and installation by the total square footage and add them. However, we advise you to take into account the overheads that can cost you extra. For example, removing old flooring and disposing of it can cause additional costs.
To add this type of cost, you have to select the type of existing floor that you want to get removed.
Estimating the cost of floor replacement is a daunting task, but it can be an easy one too if you are aware of the process on how to do the estimates.