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Yes, you can negotiate the purchase price of new carpet. You may also be able to negotiate installation costs or other fees in addition to the per-foot pricing of the carpet itself. You may have better luck negotiating with an independent retailer (as opposed to a big-box store), as they may have more discretion in pricing, but it’s always worth asking.

Hardwood offers the highest ROI at around 75%. Engineered hardwood, tile, reclaimed wood, and laminate also increase a home’s value but with lower ROIs. Lighter tiles tend to increase a home’s value slightly more than darker tiles. Taking the ROI into account when you choose flooring can increase your home value and allow you to recoup some or all of the cost to install it.

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.

Carpet stretching can be a worthwhile investment to increase the lifespan of your carpet and eliminate unsightly wrinkles, ridges, and ripples. For an older carpet that is in relatively good condition aside from some wrinkling or bubbling, restretching can make it look like new and extend its life by at least a couple of years. You should consider restretching when you notice looseness or other related issues.

However, it's important to note that stretching will not fix issues like stains, wear in the pile, or discoloration. Consider replacing the carpet instead if the repair cost is more than 50% of the price of a new one. Additionally, if your carpet is past its expected lifespan of five to 15 years, or if it has been stretched multiple times already, replacement is likely a better option.