Cost of Installing Luxury Vinyl Plank Flooring

If you're considering a home upgrade, luxury vinyl plank (LVP) flooring might have caught your eye. It's a versatile, durable, and stylish choice, but how much will it actually cost to install? In this detailed exploration, we’ll break down the costs associated with LVP flooring, including materials, installation, and additional expenses. By the end, you'll have a clear understanding of what to expect when budgeting for this upgrade.

Let's dive into the details and uncover the factors that will determine the total cost of installing luxury vinyl plank flooring in your home. From square footage to quality of materials and labor costs, every element plays a role in the final price.

Materials: The Foundation of Your Costs

The cost of luxury vinyl plank flooring starts with the materials themselves. LVP is available in various price ranges, typically from $2 to $7 per square foot, depending on the quality, brand, and design. Here’s a quick breakdown:

• Basic LVP: $2 - $3 per square foot
• Mid-Range LVP: $4 - $5 per square foot
• High-End LVP: $6 - $7 per square foot

Installation Costs: Professional vs. DIY

Once you have your materials, installation is the next big expense. The cost of professional installation usually ranges from $1.50 to $3.50 per square foot. However, if you’re handy and decide to tackle the project yourself, you could save a significant amount. Here's a look at potential installation costs:

• Professional Installation: $1.50 - $3.50 per square foot
• DIY Installation: Minimal, primarily for tools and adhesives

Additional Expenses: What You Might Not Have Considered

Beyond the basic costs of materials and installation, there are several additional expenses to consider. These might include:

1. Underlayment: This is often necessary for soundproofing and added comfort. Expect to pay around $0.25 to $0.75 per square foot.
2. Removal of Old Flooring: If you need to remove existing flooring, this can add $1 to $2 per square foot.
3. Subfloor Repairs: If your subfloor needs repair or leveling, this could add an additional $1 to $3 per square foot.

Cost Comparison: Professional Installation vs. DIY

To help you better understand the potential savings of DIY vs. professional installation, here’s a simplified comparison for a 1,000 square foot area:

Cost Component	Professional Installation	DIY Installation
Materials	$2,000 - $7,000	$2,000 - $7,000
Installation Labor	$1,500 - $3,500	$0
Underlayment	$250 - $750	$250 - $750
Old Flooring Removal	$1,000 - $2,000	$0
Subfloor Repairs	$1,000 - $3,000	$0 - $3,000
Total Cost	$5,750 - $16,250	$2,250 - $11,750

Long-Term Considerations

While the initial cost is important, it’s also crucial to think about the long-term benefits of LVP flooring. LVP is known for its durability and low maintenance, which can translate to savings over time. It’s also water-resistant, making it a good choice for areas prone to moisture.

Conclusion

Luxury vinyl plank flooring is a cost-effective, stylish, and practical choice for many homeowners. By understanding the factors that influence the total cost, including materials, installation, and additional expenses, you can make an informed decision and budget accordingly. Whether you choose professional installation or a DIY approach, LVP offers a range of options to fit various budgets and preferences.

If you’re ready to enhance your home with LVP flooring, take the time to research and plan your project to ensure a successful and satisfying upgrade.