2004 Standards For Budgeting For Carpets

December 16, 2003
International Design Guild

Manchester, NH- The International Design Guild has released their standards for budgeting for carpeting for the year 2004.

According to Krista Eliason, Vice President of the International Design Guild, it is very common that when building a new home or redecorating a home, people tend to cut corners when it comes to the flooring. Carpeting, in particular, generally gets the smallest percentage of one’s building or remodeling budget.

After spending thousands of dollars on custom cabinets, counters and state of art appliances, people often try to save money on the flooring. Yet the carpeting in the home is normally the single most abundant item in the home. Good carpeting should last roughly ten years. This means you’ll probably have it longer than your car.

Krista Eliason explains exactly how one ought to budget for carpeting, based on the cost of your home. (A million dollar home-owner for example, may opt to budget more per square yard of carpeting than the owner of a $250,000 home.)

“When inexpensive carpeting is placed in an otherwise expensive home, it shows,” Eliason remarks. She notices that most people who choose to spend a small portion of their budget on their carpeting, come to regret it within only two years. The cost of removing and replacing the carpet after only two years will cost substantially more than if the homeowner had selected the higher quality product in the beginning.

2004 Standards For Budgeting Carpet

Value of Home Per Square Feet
(uninstalled)
$250,000 $3.75
$300,000 $4.50
$350,000 $5.25
$400,000 $6.00
$450,000 $6.75
$500,000 $7.50
$1 million $9.175
About The International Design Guild

The International Design Guild is an alliance of more than 100 luxury floorcovering showroom owners throughout the United States and Canada. The Guild was recently named one of the fastest growing luxury retailers in the world.