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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.

Transition strips are often called seam binders as they bridge the gap between two floor types. They are common between carpeting and hardwood or wood and tile. Transition strips prevent trips and falls and make the transition from each room appear seamless. They are also often used to even out height differences between floors.

There are a few different types of finishes to choose from for the final step of the project. 

Water-based polyurethane sealants emit fewer odors and fumes but dry quickly, which can pose a challenge when trying to get a smooth coat. Oil-based polyurethane sealants let out more odors and fumes into the air (it’s especially important to wear a respirator if you choose this type), but they take longer to dry, which can be more forgiving during the finishing step. 

Some may prefer wood oil to polyurethane because rather than creating a layer, it becomes part of the wood. Wood oil takes longer to dry, and is less resistant to wear and tear; however, it creates a natural-looking result by enhancing the grain of the wood. 

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.