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A transition piece between carpet stairs and wood flooring isn't always necessary. A transition piece separates two types of flooring in between rooms and areas, like carpet and vinyl. Because the carpet on the stairs tucks into the seam, you can’t see the fringes, and there is no need to hide anything. However, you can use a stair cap if your stairs have a nose.

There are a few different types of finishes to choose from for the final step of the project. 

Water-based polyurethane sealants emit fewer odors and fumes but dry quickly, which can pose a challenge when trying to get a smooth coat. Oil-based polyurethane sealants let out more odors and fumes into the air (it’s especially important to wear a respirator if you choose this type), but they take longer to dry, which can be more forgiving during the finishing step. 

Some may prefer wood oil to polyurethane because rather than creating a layer, it becomes part of the wood. Wood oil takes longer to dry, and is less resistant to wear and tear; however, it creates a natural-looking result by enhancing the grain of the wood. 

If you also need to know how to fill the gap between the floor and the baseboard, it's best to use a flexible, paintable latex caulk. Clean the area thoroughly to remove dust and debris. Then, apply a smooth bead of caulk along the gap using a caulking gun, and use a caulk-smoothing tool to press and smooth it into place. If the gap is large, you may need to insert backer rod, such as a foam filler, before caulking. Once dry, paint the caulk to match the baseboard for a clean, seamless look.

While it's possible to cover asbestos tile with carpet, it's not recommended. Encapsulating tile beneath carpet doesn't eliminate the health risks. Over time, the asbestos tiles could degrade, releasing fibers into the air and potentially contaminating the carpet. Disturbance during carpet installation or removal might also release fibers.