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How Much Does It Cost To Refinish Hardwood Floors? Ready to refinish your hardwood floors? i previously did a diy job found it hard to sand floor .Average Price to Refinish Hardwood Floors. $. per sq ft $. per sqft. Average Price for New Hardwood Flooring Materials Starts at $. per sq ft and goes up from there. The price of a refinishing project is determined by the materials, the equipment used, and the number of hours of labor that it takes to perform the job..