If you're looking to invest in your home, installing new hardwood floors is a smart move. Due to their durability and elegance, hardwood flooring adds value to your home. But this type of flooring can cost more than other flooring, such as laminate. With a larger financial commitment, you may want to consider how to save money in the long term when shopping for the species of hardwood. You'll also want to consider installation fees, since they can get quite expensive as well. Luckily, there are ways to curve the steep prices of buying new hardwood flooring. How much is hardwood flooring? We'll go over the average cost of hardwood flooring species as well as installation costs. Plus, we'll explain helpful ways to stay within budget while shopping for your new hardwood floors.