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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.

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.

Yes, installing underlayment underneath the laminate flooring is necessary. The underlayment has many benefits like preventing water damage to your subfloors, insulating the floor for sound, and providing an even surface for the planks to sit on.

When you skip the underlayment, you can end up with serious issues, including water damage to your subfloors, noisy planks, and an uneven floor.

Hardwood floors can be installed in most areas of the home, including living rooms, bedrooms, and hallways. However, with the exception of high-quality bamboo and engineered wood, hardwood floors are not recommended for areas with high moisture levels, such as bathrooms and basements, unless specifically designed for such environments. It's essential to consider the specific conditions of each room before choosing hardwood flooring.