investment image by Kit Wai Chan from Fotolia.com. Capital budgeting is the process of determining whether or not an investment is worthwhile. Often companies will have several opportunities and must measure each one's potential in order to make a comparison and choose just one or a few.
The price range can jump to $850-$1,125 (around $3.75-$5/square foot) or more for a refinishing specialist to do a customized job on a 225-square-foot vintage wood floor, using multiple coats of chemicals, stains and other finishes to create just the right look.
Floor Refinishing - Average Cost Per Square Foot. Expect to pay in the higher end of the price range for a licensed, insured and reputable pro - and for complex or rush projects. To lower Floor Refinishing costs: combine related projects, minimize options/extras and be flexible about project scheduling.