LVT stands for Luxury Vinyl Tiles. These types of floor finishes also come in planks and sheets as they are within the same floor finish family. Currently, Luxury Vinyl Planks are very popular for residential living & dining areas, restaurants and retails and less common for bathrooms, hallways, commercial kitchens and etc. Popular plank sizes are: 4″x36″, 6″x36″, 5″x48″ and 6″x48″.
Lets take a look at 2 of the most common brands out in the market: Mannington and Armstrong Luxury Vinyl Planks.
For Mannington Luxury Vinyl Planks, the cost is at about material: $3.99/sf CAD with budget price at $4.75/sf CAD which also included a 20% markup for the subtrade (can be less or more depending on the subtrade). Installation cost is about $1.50-$2.00 /sf. Therefore, the total budget and install cost would be about $6.20-$6.75/sf + tax. This estimated cost is for the Mannington Select Plank lines (with groves or without groves) with specs including a 30 mil wear layer thickness, 2.5 beveled edges, 20 years Quantum Guard Elite warranty mm thickness, micro-beveled edges, limited 20 years commercial warranty, limited Quantum Guard Elite wear warranty. This is a more higher end heavier duty type floor planks which also require less to no maintenance.
Rather your project is residential or commercial, luxury vinyl planks are a cost effective floor finishes for any type of interior projects
With grove LVT or planks, more dirts will be trapped inside the groves. LVT can either be glue down or with pre-applied adhesive (peel and stick). However, with pre-applied adhesive, it is easier to install but once installed, can be hard to remove and can damage the sub-layers will cost more.
The Mannington line also include some more affordable end Luxury Vinyl Planks mostly with a 20 mil wear layer thickness for an average of budget and install price at about $5.00 – $5.50 + tax + GC markup/sf. 20 mil is also a common wear layer thickness for most use.
With the Armstrong line, they also carry the more affordable version and the higher end version and their prices are more less the same with the Mannington. The affordable version also come in with 20 mil wear layer thickness at $4.50 – $5.00 + tax + GC markup/sf. Slightly lower then the Mannington affordable version. The Armstrong line comes with a 20 years limited warranty.
Therefore, both Mannington and Armstrongs’ pricing would be very similar with Armstrong being slightly lower.