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LVP vs Hardwood Flooring: Which Should You Choose?

Luxury Vinyl Plank (LVP) costs $4-$10/sq ft installed while hardwood runs $8-$18/sq ft installed. This comparison covers cost, durability, waterproofing, lifespan, appearance, and resale value.

Side-by-Side Comparison

FactorOption AOption B
Cost (Installed)$4 - $10/sq ft$8 - $18/sq ft
WaterproofYes - 100% waterproofNo - moisture sensitive
Lifespan15-25 years30-100 years (solid) / 20-40 yrs (engineered)
RefinishableNo - must be replacedYes - 3-7 times (solid) / 1-3 times (engineered)
Pet/Scratch ResistanceExcellent (wear layer)Moderate (can be refinished)
Resale ValueGoodExcellent - premium feature
Installation DifficultyDIY-friendly (click-lock)Professional recommended
Warmth UnderfootModerateExcellent (natural wood)

Key Decision Factors

Water Exposure

LVP is 100% waterproof - ideal for basements, bathrooms, and kitchens. Hardwood warps and cups with moisture.

Budget

LVP costs 40-60% less than hardwood. For large areas on a tight budget, LVP is the clear winner.

Long-Term Value

Hardwood adds 2-5% to property value and can be refinished for generational longevity. LVP has a 15-25 year lifespan.

Appearance

Modern LVP closely mimics wood grain but lacks the tactile warmth of real hardwood. Premium hardwood offers unmatched authenticity.

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