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Why is Antique/Reclaimed Wood more expensive than new wood?

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Why is Antique/Reclaimed Wood more expensive than new wood?

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Despite the fact that this is wood that has already been cut down and milled, there are still many steps involved in getting reclaimed wood from an old building, re-milled and then installed as flooring, paneling, staircases or trim. To start with, the wood is salvaged from an old the building. The recovered material is then sent to the mill where the lumber is kiln-dried, de-nailed, and then milled into a new product. Some reclaimed wood varieties, such as American chestnut, may be a type of wood that is hard or impossible to find as new wood.

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