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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.

While it is possible to install carpet yourself, it is a challenging DIY project that requires precise measurement, proper cutting skills, and knowledge of correct installation techniques. The process involves multiple steps, including removing old flooring, installing underlayment and tack strips, and stretching the carpet to prevent wrinkles, which can take several days to complete.

Before starting, consider these factors:

• Warranty: Many manufacturers' warranties are voided if the carpet is not installed by a professional.

• Tools: You will need to buy or rent specialized equipment like a knee kicker, carpet stretcher, and seam roller.

• Complexity: DIY installation is most suitable for simple, straightforward rooms. Projects involving stairs or floor vents are significantly more difficult.

• Cost: While you can save on labor, the cost of tools plus the risk of expensive mistakes—which may require re-installation—can make hiring a professional more cost-effective in the long run.

Given the potential for errors, voided warranties, and the need for special tools, hiring a local carpet installer is often recommended to ensure the job is done correctly and safely.

As with anything you buy, be wary of prices that seem too good to be true. Some low-cost flooring products can contain chemicals that release harmful VOCs (volatile organic compounds) in the form of fumes that can be inhaled or dust that can cause skin conditions.

Even good-quality products can be dangerous for DIY-ers who don’t take proper precautions. Always carefully read manufacturer instructions and wear the recommended protective gear when working with paints and other chemicals. You can also hire a local garage flooring pro with the experience and equipment needed to perform the installation safely with no lingering fumes or debris.

In most cases, carpeting isn’t kind to the wood that it’s attached to. Most carpet installation uses adhesive or nailing strips, both of which will damage wood. Conversely, you can choose to use an adhesive designed to be removed from wood, in which case carpeting can actually protect your hardwood stairs.