Sixth, compare the cost of a character grade virgin floor to reclaimed. The reclaimed may cost more up front, but the additional variability, texture and character in it may hide or mask the abuse better. It could therefore last longer because of the forgiving nature in the inherent look of the reclaimed material. What is resale value to having a unique product installed? You may alienate some buyers by taking a risk or impress others with the customization.
With reclaimed material waste factor is a huge variable. How much effort does the manufacturer take to give you a 100% usable product? Poorly milled with very little defecting and culling done on a solid wood floor that costs $6/sf and has a 15% waste factor actually costs more than a similar product that is milled better costing $7/sf with a 2% waste factor. That extra wastes costs more in shipping and labor to defect. This is one of the hardest things to demonstrate to a customer that the face value costs doesn`t necessarily represent the actual raw material cost unless one is truly comparing identical quality and specified products.
The third variable is installation costs. Our engineered product has labor savings over our solid wood product because it is pre-sanded and milled to tighter tolerances. It is also prefilled in the holes and has next to zero waste. On the other hand you may have a little more in cost of gluing it down in addition to nails, but this is just a step in direction of better quality and peace of mind during the install.
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