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With the traffic, I guess that a refinish will be needed in 5 years. Would a good quality pre-finished floor stand up longer than the refinished?
Durability is variable. If you choose a brand like M*****, then yes, it could last longer. But if you get the finisher to use a better finish and more coats, the refinished floor will last longer as well.
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- Is it reasonable to think the floor could be refinished and then perhaps get screened and recoated to stretch the life out to 8-10 years before another sanding (ie. replacement is needed), or is it more likely that a full resand (ie replacement) should be expected instead of a recoat in a few years.
Yes, quite reasonable. That's what we finishers have been trying to educate the public about for many years. Doing maintenance recoats every 5 yrs. or so will drastically prolong the life of the floor, assuming it's not abused. Maintenance is EVERYTHING when it comes to a finish's longevity. I refinished my dad's floors 30 yrs ago with 3 coats of Dura Seal Polyurethane. While the floors have some dents and scratches, the finish is completely intact, not worn through at all and overall, the floors still look good. They are fairly well cared for (cleaned) often.
My advice is, if you like the kind of floors you have now, and your finisher says there is enough wood there to sand and refinish once more, then do that and save your money. Plus ask the finisher to apply more coats (at least one more) and/or use a more durable finish like Traffic or IDRO 2K. Even if the refinish price jumps to $1,000.00, a new Mirage floor will cost 3X that much, even installing it yourself! Not to mention the hassle of removing the old flooring.