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Remodeling older homes has become increasingly popular. There are even television shows dedicated to this practice as well as infomercials promoting methods to make a great deal of money from it. One important aspect of remodeling homes is discovering the hardwood floors beneath the worn carpet. Many older home have carpeting which is covering beautiful hardwood floors. These lucky homeowners can often increase the value of their home by simply removing the existing carpeting. However, in some cases the hardwood flooring will be badly damaged. In these cases, hardwood floor refinishing can be very beneficial for not only improving the appearance of the room, but also increasing the value of the home.