Quick Comparison
| Factor | Laminate | Vinyl (LVP) | Hardwood |
|---|---|---|---|
| Cost (installed) | $3-$10/sf | $4-$12/sf | $8-$22/sf |
| Water resistant | No | Yes | No |
| Lifespan | 10-25 yrs | 15-25 yrs | 75+ yrs |
| Refinishable | No | No | Yes |
| Resale value | Low | Medium | High |
| Feel underfoot | Hard | Softer | Natural |
| Best rooms | Living, bed | Any room | Living, dining |
- Best overall value: LVP (vinyl plank)
- Best long-term investment: Hardwood
- Best budget option: Laminate
Laminate Flooring
What It Is
Laminate is a synthetic product with a photographic wood image over fiberboard core, topped with a protective layer.Laminate Pros
- Very affordable ($3-$10/sf)
- Easy DIY installation (click-lock)
- Scratch resistant
- Fade resistant
- Easy to clean
Laminate Cons
- NOT water resistant (swells when wet)
- Can look/sound fake
- Can't be refinished
- Shorter lifespan (10-25 years)
- Lower resale value
- Can be slippery
Best Uses for Laminate
- Bedrooms
- Living rooms (low traffic)
- Rental properties
- Budget renovations
- Areas that stay dry
Avoid Laminate In
- Kitchens (water risk)
- Bathrooms (absolutely not)
- Basements (moisture)
- High humidity areas
Vinyl Plank (LVP/LVT)
What It Is
Luxury Vinyl Plank is 100% synthetic with realistic wood or stone visuals, waterproof core, and durable wear layer.Vinyl Pros
- 100% waterproof
- Realistic appearance
- Comfortable underfoot
- Easy DIY installation
- Works over most subfloors
- Goes in any room
- Good durability
Vinyl Cons
- Not "real" flooring (some buyers care)
- Can dent from heavy furniture
- Not refinishable
- Off-gassing possible (buy quality)
- Can fade in direct sunlight
- Cheaper versions look cheap
Best Uses for Vinyl
- Kitchens
- Bathrooms
- Basements
- Whole-home flooring
- Rentals (durable + waterproof)
- Families with kids/pets
Quality Matters
- Budget LVP: $2-$4/sf (thin, less realistic)
- Mid-range: $4-$6/sf (good balance)
- Premium: $6-$10/sf (thick, very realistic)
Hardwood Flooring
What It Is
Solid wood planks milled from single pieces of timber, or engineered wood with real wood veneer over plywood core.Hardwood Pros
- Timeless beauty
- Increases home value
- Can be refinished many times
- Lasts 75-100+ years
- Natural, authentic look and feel
- Hypoallergenic
Hardwood Cons
- Expensive ($8-$22/sf)
- Not water resistant
- Scratches and dents
- Requires maintenance
- Professional install recommended
- Climate sensitive
Solid vs Engineered
Solid: $8-$22/sf, refinish unlimited times Engineered: $6-$18/sf, refinish 1-3 timesEngineered is better for:
- Basements
- Over concrete
- Radiant heat
- Budget hardwood look
Best Uses for Hardwood
- Living rooms, dining rooms
- Bedrooms
- Hallways
- Main floor living areas
- Home offices
Which Should You Choose?
Choose Laminate If:
- Tight budget is primary concern
- Going in dry areas only
- Rental property
- Plan to upgrade later
- DIY installation important
Choose Vinyl (LVP) If:
- Want one floor for whole house
- Need waterproof (kitchens, baths)
- Have kids or pets
- Want easy maintenance
- Basement installation
- Balance of looks and practicality
Choose Hardwood If:
- Long-term home investment
- Resale value important
- Classic/upscale look desired
- Budget allows
- Can maintain properly
- Avoiding wet areas
Our Recommendation
For most homeowners in 2026: Main living areas: Engineered hardwood or premium LVP Kitchens: LVP or tile Bathrooms: LVP or tile Bedrooms: Your preference (all work) Basements: LVP onlyUse our Flooring Calculator to compare costs for your space.