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2. Builder Grade Carpet Average Longevity Low traffic 8 years Medium traffic 6 years Heavy traffic 4 years Average Cost for Carpet, Pad & Installation - $14 to $22 per square yard Carpet Cost $10.00 to 15.00 per sq. yd.Specifications - 28 to 35 ounce face-weight, 100% nylon fiber.. High Quality Residential Carpet Average Longevity Low traffic 20 years Medium traffic 15 years Heavy traffic 12 years Total Cost for Carpet, Pad & Installation - $28 to $55 per yard.
The time period you have to depreciate a carpet in a rental depends on whether it is classified as personal property or part of the building structure. If the carpet is tacked down, it is classified as personal property and is depreciated over five years.But if the carpet in a residential rental property is glued down, it is considered to be part of the building structure and must be depreciated over a whopping 27.5 years.mong these are the cost of improvements and repairs to the space you rent out. Repairs are currently deductible--that is, the entire cost can be deducted in a single year. On the other hand, improvements must be depreciated--that is, deducted a portion at a time over several years.