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Sheet vinyl is the cheapest DIY flooring, depending on the brand, style, and quality you choose. Not only is it one of the most affordable flooring products on the market, but it is also easy for most homeowners to install, as it only requires cutting, trimming, and gluing down to the existing floor surface. Some sheet vinyl manufacturers make a loose-lay sheet vinyl flooring that does not even need to be glued.

Carpet squares, tile stickers, painting or stenciling existing tile floors, and painting existing concrete flooring are also affordable options for DIY flooring.

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.

Experts advise that replacing carpeting can bring a 50% to 80% return on investment. However, new carpeting doesn’t necessarily add value to your overall home value. Because flooring value heavily depends on taste, it can be tricky to determine whether new carpet will increase your home sale price. Carpeting tends to be a renovation that increases overall comfort and aesthetics for your home, but it’s not a big factor in value.

Door transitions can work with virtually any flooring type; however, different transition strips lend themselves better to specific flooring types. For instance, if you are bridging the gap between a taller floor, like carpet, to a shorter floor, like hardwood, then you will want a transition strip with a slight slope to bridge the height difference. These transition strips are called reducer molding. On the other hand, if you are bridging two floors of the same height, you can use flat transition strips, such as T-strips and seam binders.