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Vinyl floors last between 10 and 25 years on average when you care for them and protect them against water damage, though higher-quality vinyl can last longer.

If your vinyl flooring has heavy wear and tear or if it's peeling, it's a good time to do a reinstallation. Other signs your flooring is nearing the end of its lifespan include bubbling, heat-damaged planks or tiles, and discoloration.

Installing carpet padding is mostly a matter of measuring the room and cutting the carpet pad to size with a utility knife. You can save some money on carpet installation costs by doing it yourself. Before installing the carpet padding, you should install the tack strips around the room’s perimeter and prepare the subfloor by cleaning and making any necessary repairs. Then, unroll the carpet pad and cut sections as needed. Staple the carpet pad to the subfloor along the edges, leaving the tack strips exposed.

While not always required, experts recommend removing baseboards before removing old carpet and installing a new one. This practice leads to a smoother process and a cleaner, more professional-looking finish. Removing the baseboards allows for a seamless carpet installation without the risk of damaging either the carpet or the trim. It also provides a good opportunity to repaint or stain the baseboards and inspect the underlying wall for any issues. If you prefer a quicker option, you can carefully cut the old carpet along the edge of the baseboards, but this may result in a less polished installation for the new carpet.

Sheet vinyl is among the most affordable and durable flooring options, with prices as low as $0.50 per square foot and a lifespan of 10 to 20 years. Other inexpensive and durable choices include standard vinyl plank ($2 to $7 per square foot), which mimics wood or stone and is great for high-traffic areas. Laminate flooring ($1 to $6 per square foot), linoleum, carpeting, and concrete can also be cost-effective options, with prices starting around $2 per square foot.