4. Room-Size Rug It can take months to find the perfect rug, and when you do, it usually isn't cheap. Costs vary depending on the age, weaving technique, fiber content and dye method. Hand-loomed rugs wear well and have added character and charm. Minor repairs do not affect the value of the rug as long as they have been done well.An alternative: Until you purchase your dream rug, arrange two smaller rugs side by side to emulate the look of a larger rug. When it's time to replace them with the new rug, the former rugs become available to use in other spaces.