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Carpeting lasts between 10 and 15 years in most cases, but keep an eye out for common signs that it's time to replace it. Persistent smells despite deep cleaning, faded color, worn-down carpet padding, and general wear and tear are signs that it's time to tear it up. If you are experiencing allergy issues indoors, this could also be a sign that new flooring is the key to a fresher home.

A stair runner can be cheaper than a carpet and will definitely save money over the cost of refinishing hardwood floors and stairs. The price depends, however, on the fabric and quality of the runner. A wool stair runner can be more expensive than an inexpensive polyester carpet and vice versa. Keep an eye on your budget, knowing that the higher quality the carpet and the carpet pad, the better the carpet will wear over time.

The type of flooring you choose for your bedroom comes down to personal preference. Many people prefer carpet over hard-surface flooring types (such as hardwood, tile, or stone) in their bedrooms because it’s warmer and cozier. Carpeting also helps muffle sound, which may benefit those who have trouble sleeping.

On the other hand, some folks prefer the look of hardwood over carpet. People with allergies might also opt for non-carpeted flooring since carpet fibers can attract dust, dander, and other allergens.

When deciding whether to repair or replace your carpet, consider its age, the extent of the damage, and its location. It's often best to replace the entire carpet if the damage is extensive, such as large sections needing replacement, or if it's caused by water, which can lead to mold problems. Similarly, if your carpet is nearing a decade old, replacement is likely the more logical choice. On the other hand, consider repairing your carpet if the damage is localized to one spot, like minor rips or snags, the carpet is still relatively new, or the damage is in a low-traffic area of your home.