By Al3xa. area rugs. At Sunday, May 06th 2018, 20:13:32 PM.
For living rooms rugs, we would leave about 18"-24" off the wall depending on the size of the room and whether or not the room is shaped or if there is a hearthstone. We don‘t shape rugs around hearthstones. From simply bound sisals in a catalog to precious antiques at a good rug dealer, rugs come in an enormous range of prices and styles.
I do not know what a standard rug really means. I know of antique rugs that are 8 by 10 and cost $250,000. A good contemporary rug should probably cost $10 to 15,000, unless it is a normal rug in which case $5,000 should do it, I must say that I am not quite sure.
Carpets also reflect history and culture (one could literally tour the globe and discover it‘s history by looking at carpets). Carpets can be art and should be purchased with one‘s budget in mind and the time line for that particular space.