The cost of installing hardwood floors can vary widely, typically ranging from $6 to $12 per square foot, which includes both materials and labor. Factors influencing this cost include the type of wood chosen, the size of the area, and any additional features such as underlayment or finish. Quality hardwood flooring can greatly enhance a home’s value.

Installing hardwood floors offers beauty and durability, contributing to a home's overall value. However, challenges may include higher initial costs and potential refinishing needs. Selecting quality materials and professional installation can ensure long-term satisfaction and investment returns.