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I have pulled up the various layers of carpet, tile, cement, etc. on our basement floor and arrived at the pictured wood. It is tounge and groove, 4.5 inches wide and rests directly on the floor joists. I have a few questions about what to do next.

BTW, to give you an idea of the style I like – I want hardwood floors and I was thinking of going with re-claimed wood.

Is this a wood worth saving (old growth pine)? If not I assume my best option is to have plywood (1/2 or 3/4 inch?) nailed on top of it and have hardwood put on top of the plywood.

If this is worth saving, should I:

1) Have it re-finished as it lays (directly on floor joist). If so, would I need to add insulation between the floor joists to protect from the cellar below? The cellar is fairly dry with a de-humidifier running.

2) Pull up the wood, put a layer of plywood on the floor joists and then have the wood re-installed on top of the plywood.

Would love any comments or suggestions as I barely know what I am doing. Thanks!

[IMG]http://i240.photobucket.com/albums/ff183/jbrettrose/Pine.jpg[/IMG]