Hi Katelyn, this is a regular cut pile carpet. Depending on how long you plan to stay in your home is how to decide hardwood v. carpet. If you are on a budget and ONLY on a budget I would do laminate, laminate floors sound very hollow and you can tell the difference between hardwood and laminate, so for resale value you are better off with regular hardwood or if the budget is not there for it then go for carpet. I hope I have been some kind of help, feel free to contact me should you have any additional questions.
Maria, Freedom Restorations Co.

Thanks for the quick reply Maria! We're definitely putting hardwood throughout most of the house - it's just the bedrooms we're undecided as we are on a bit of a budget and looking to save in a few areas.