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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 cost to install carpet is $1,780 on average for 330 square feet, the size of an average living room. This cost could range from $200 to $5,000, depending on the amount of carpet, material, and type of carpet. 

If you need 500 square feet of carpet, it’ll cost $1,500 to $5,500, while 1,000 square feet of carpet costs $3,000 to $11,000. Polyester is one of the more affordable options, ranging from $1 to $3 per square foot. Wool is a more luxurious option, ranging from $4 to $20 per square foot. 

When installing carpeting on your steps, start at the top and work your way to the bottom. That way, you can easily control the carpet and create a better seal. This approach prevents the carpet from bunching up or creating wrinkles as you work. You’ll have better leverage over it as gravity helps guide it down each step.

Several types of flooring can be installed over existing tile, provided the current tiles are in good condition. Options include vinyl, vinyl plank, laminate, engineered wood, hardwood, carpet, and cork. Among these, various types of vinyl and engineered wood are the most common choices due to their versatility. Alternatively, you can install new tiles on top of your current ones if you like tile floors but want to update the look. Before proceeding with any new flooring, it's crucial to ensure your existing tiles are not damaged; otherwise, they will need to be removed first.