Wood floors initially may cost more than other flooring options, but over the long-term, wood flooring is actually one of the most cost-effective flooring options available.
When properly installed and maintained, wood floors can last for hundreds of years. Other flooring options will likely have a service life of 10-20 years, which means they will need to be replaced 5-10 times as often as wood floors.
There are numerous examples of wood floors in excess of 300 years old that are still in service today. Most wood floors can be sanded and refinished several times during their service lives to restore beauty and luster. In addition, wood floors can adapt to many décor and style changes over the years while other flooring options can look dated and require replacement based on new decorating trends.
This makes wood floors a great long-term investment, and one of the least expensive flooring options available when considering total service life.