When it’s time to replace the flooring in your home, the cost can often seem overwhelming. However, with the right planning and knowledge, you can manage the cost of installing new floors without breaking the bank. In this article, we’ll provide tips and tricks on how to budget for new flooring, specifically focusing on three popular and affordable options: Luxury Vinyl Tile (LVT), carpet, and laminate flooring.
1. Understand the Cost of Each Flooring Option
The first step in learning how to budget for new flooring is understanding the costs associated with each flooring type. Prices can vary depending on factors such as quality, brand, and installation, so it’s essential to know what you’re working with.
- LVT (Luxury Vinyl Tile): LVT is a popular option due to its affordability, durability, and ease of maintenance. On average, LVT can cost between £15 to £30 per square metre, depending on the style and quality. While this might seem high at first glance, LVT often lasts longer than cheaper alternatives and requires less maintenance.
- Carpet: Carpet remains one of the most budget-friendly flooring choices, with prices ranging from £5 to £25 per square metre, depending on the material (e.g., synthetic vs. wool) and thickness. Keep in mind that carpets can be prone to stains and may need to be replaced sooner than more durable flooring options, so factor in long-term maintenance costs.
- Laminate Flooring: Laminate flooring is an affordable alternative to hardwood, with prices typically ranging from £8 to £20 per square metre. Laminate is a great option for those on a budget, as it’s low-maintenance and visually appealing. The price can vary depending on the style and finish, so it’s worth shopping around for the best deals.
2. Measure Your Space Accurately
Once you’ve chosen your preferred flooring type, the next step in learning how to budget for new flooring is measuring your space accurately. Floor measurements determine how much material you need, so this step will help you avoid buying too much or too little.
To calculate the square footage, simply measure the length and width of each room and multiply them together. For irregularly shaped rooms, divide them into smaller sections and measure those individually. Don’t forget to factor in areas like closets and hallways if they require new flooring too.

3. Look for Sales, Discounts, and Bulk Buying
If you’re wondering how to budget for new flooring, one of the easiest ways to reduce costs is to shop around for sales or discounts. Flooring stores often have seasonal promotions, clearance events, or bulk-buying discounts. If you’re installing flooring in multiple rooms, buying in bulk can save you money on both material and installation.
Be sure to sign up for newsletters or follow your local flooring suppliers on social media, as they often announce exclusive deals or discounts for subscribers. Additionally, check out online flooring stores, as they may offer more competitive pricing.
4. Don’t Forget About Additional Costs
While it’s easy to focus on the flooring material itself, there are other costs involved in the installation process. These can include:
- Underlay or underlayment: For carpet and laminate, an underlay is essential for comfort and sound insulation. LVT may require a specific type of underlayment for better performance.
- Removal of old flooring: If you’re replacing existing flooring, you may need to factor in the cost of removal and disposal. Some flooring suppliers offer this service as part of the installation package, but it may cost extra.
- Trims, adhesives, and tools: For laminate or LVT, you’ll need trims, thresholds, and possibly adhesive or glue, which can add to the total cost.
Be sure to add these expenses to your overall budget when planning your flooring project.
5. Prioritise High-Traffic Areas
If you’re on a tight budget, it’s helpful to prioritise high-traffic areas when budgeting for new flooring. Focus on areas such as the living room, hallway, or kitchen, where the flooring will experience the most wear and tear. For less-used areas like guest rooms or offices, you might consider opting for more affordable materials, such as a budget-friendly carpet or laminate, which can still provide good looks and durability.
Conclusion
Learning how to budget for new flooring: tips and tricks involves planning and understanding the costs, including both material and installation. By selecting affordable options like LVT, carpet, and laminate, you can achieve a stylish, durable floor without exceeding your budget.