New carpet will not increase the value of your home but it does add value. It adds value on the backend. For example: if you are trying to sell your home and you have old carpet, the prospective new home buyer will ask for a money allowance so they can buy new carpet thereby lowering the overall price you can get for your home. If you have new carpet installed, then you won't run into this issue and won't have to "lower" the price of your home thereby adding value. You just won't realize an increase in the overall value of your home upfront but you won't lose any money on the value of your home on the backend. Your home won't go up in value but won't go down when you sell either...
So the correct answer to this question is yes and no. (Is nothing ever easy....lol).
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