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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.

Since carpet can be expensive to install and choosing a new carpet can seem daunting, it’s important to know when to repair your existing carpet versus replacing it.

If the damage to your carpet Is extensive, such as large sections needing to be replaced, it might be best to replace it. Likewise, if your carpet damage is due to water damage, it might be best to replace the entire carpet to avoid mold problems. Consider repairing your carpet when the damage is localized to one spot or when the damaged carpet is in a low-traffic area of your home. 

Installing carpet over carpet may negatively impact the resale value of your home. While it offers a quick fix, potential buyers may view it as a temporary solution rather than a long-term investment in quality flooring. Properly installed and maintained flooring adds value to a home, so removing the existing carpet and installing new flooring may be a better option to attract prospective buyers and maximize resale value.

It’s possible to reuse household materials to cover floors, but they won’t provide the same level of protection as dedicated materials. They’re also more difficult to tape down and more prone to slipping and bunching up—and any dirt or debris on them could scratch or stain your floors. That being said, extra materials like these can be useful for protecting the sides of furniture and placing in areas that could use added protection.