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The average cost to install new flooring is around $3,162, with a typical price range between $1,530 and $4,860. On a per-square-foot basis, you can expect to pay an average of $3 to $22, including installation. Several factors influence the total price, including the flooring material, project size, geographic location, and any special features. Material choice is a significant cost driver; vinyl plank, linoleum, and carpet are on the lower end ($3 to $7 per square foot), while stone, tile, and hardwood are more expensive, with hardwood reaching up to $22 per square foot. Prices can also vary by region, and installing flooring on stairs will add to the cost, typically ranging from $11 to $160 per step.

What a buyer prefers usually depends on the home’s layout and which material fits the current aesthetic. The local real estate market can also dictate these desires to some extent, as do the buyer’s personal preferences. With that said, laminate can increase the resale value of a home by a tiny bit, whereas carpet does not. Hardwood increases the resale value by the highest amount.

In most cases, laminate flooring is better for people with dust or other allergies as laminate is easier to clean. Carpet can trap pollen and other allergens, allowing them to be kicked up into the air again with foot traffic. Consult your flooring specialist about the best types of carpet or laminate flooring to use based on your household member’s needs.

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.