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Does a hardwood floor refinishing add home value?

Quick answer: Yes. It's one of the few projects that typically returns more than it costs: about 147% of its cost at resale nationally, ranging from ~121% (West North Central) to ~172% (Pacific) by region.

Typical return by U.S. region

Region (Census division)StatesTypical return
PacificAK, CA, HI, OR, WA~172%
West South CentralAR, LA, OK, TX~165%
South AtlanticDC, DE, FL, GA, MD, NC, SC, VA, WV~163%
New EnglandCT, MA, ME, NH, RI, VT~147%
East South CentralAL, KY, MS, TN~146%
MountainAZ, CO, ID, MT, NM, NV, UT, WY~141%
Middle AtlanticNJ, NY, PA~138%
East North CentralIL, IN, MI, OH, WI~134%
West North CentralIA, KS, MN, MO, ND, NE, SD~121%

Return figures are typical resale-return estimates from Roots' home valuation model. Actual results vary by market, home, and workmanship, and shouldn't be relied on for lending, insurance, or tax decisions.

Sources: national baseline for this project calibrated against the National Association of Realtors' 2022 Remodeling Impact Report; regional adjustments derived from division-level averages in the 2024 Cost vs. Value Report.

What “return” actually means

A typical hardwood floor refinishing returning ~147% means a $10,000 project typically adds about $14,700 of resale value.

That makes it unusual: buyers tend to value it at more than it costs, so it can genuinely pay for itself at resale.

Return also fades with age: in Roots' model, work under 2 years old counts in full, then depreciates toward ~20% after 10 years.

Your home's condition compounds this effect. The same home with a strong maintenance record sells closer to asking.

That's why Roots tracks both projects and upkeep in one place.

The bottom line

“According to Roots' home valuation model, a hardwood floor refinishing typically returns about 147% of its cost at resale nationally, ranging from roughly 121% in the West North Central region to 172% in the Pacific region.” Roots home valuation model (regionally adjusted resale-return estimates)
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Frequently asked questions

Does a hardwood floor refinishing add home value?
Yes. It’s one of the few projects that typically returns more than it costs: about 147% of its cost at resale nationally, ranging from ~121% (West North Central) to ~172% (Pacific) by region.
How much of the cost of a hardwood floor refinishing do you get back?
Typically around 147% nationally. Regional markets shift this from about 121% to 172%. Recency matters too: resale-value contribution fades as the work ages.
Does return on investment vary by region?
Yes. Roots applies U.S. Census–division multipliers: the same project returns the most in the Pacific region and the least in the West North Central region.
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