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A stair runner can be cheaper than a carpet and will definitely save money over the cost of refinishing hardwood floors and stairs. The price depends, however, on the fabric and quality of the runner. A wool stair runner can be more expensive than an inexpensive polyester carpet and vice versa. Keep an eye on your budget, knowing that the higher quality the carpet and the carpet pad, the better the carpet will wear over time.

If you don’t put padding under your carpet, the carpet won’t be protected from wear on the underside. This could result in a shorter life span for your carpet and increased carpet repair costs over time. An unpadded carpet can also be less comfortable to walk on, depending on your subfloor and the type of carpet.

Deciding whether to clean or replace your carpet depends on its condition and age. If cleaning no longer resolves issues, it's time to consider a replacement. Key signs that you need to replace your carpet include:

• Stains that are impossible to remove.

• A persistent smell that lingers even after cleaning.

• An increase in allergy symptoms.

• The age of the carpet. Most manufacturers state that carpets should last about 10 years with proper care.

When cleaning is no longer effective, you should replace the carpet with a new one or consider other flooring options like vinyl or laminate.

Carpet padding costs an average of $510 to purchase and install in a 225-square-foot room. The price can range from as low as $170 to as much as $850, depending on the brand, the thickness, and the labor cost. Although carpet padding will increase the overall cost of carpet installation, it also helps the carpet hold up longer, reduces noise in the room, and provides more insulation.