cost of refinishing hardwoods
1 This will typically cost $1 per square foot, or $225. 2  For a custom job involving stains and other finishes, expect to pay $3.75 to $5 per square foot, or $850 to $1,125.  Labor is the major variable when figuring the cost of refinishing hardwood floors, because the price of skilled labor varies throughout the country. For instance, HomeWyse says refinishing a 15-by-15-foot room in ritzy Scarsdale, NY, costs $611.92 to $789.42, while the cost in Mobile, AL, is $473.45 to $608.02.