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It is often worthwhile to refinish or restore furniture, especially for high-quality, older, antique, or sentimental pieces. Older furniture tends to have better durability than modern, mass-produced items, and refinishing can cost about one-third of the price of replacement. To determine if it's cost-effective, compare quotes from local refinishing services with the price of a new, similar piece. Refinishing can refresh a piece's look and extend its lifespan. However, it may not be worth it for newer furniture made of medium-density fiberboard (MDF) or plywood, or for items with major structural damage. A professional can help you assess the piece and decide on the best course of action.

Ongoing maintenance of your leather furniture is the only way to prevent it from peeling and cracking. Real leather will peel and crack as it dries out. Leather conditioners are a great way to protect your leather furniture from drying out, and you’ll need to apply it about twice each year. It’s also a good idea to keep abrasive materials away from your leather to prevent cracking and peeling, including belt buckles, shoes, and multi-surface cleaners, especially those that contain alcohol.

Reupholstering an old or antique chair can be worthwhile if the frame is still sturdy and the piece has sentimental or monetary value. Reupholstery often costs less than buying a high-quality new chair, and you can customize the look. However, extensive repairs or rare fabrics may increase the total cost.

As with any project, weighing the pros and cons of upholstery can help determine if that is the right choice for you. The ultimate question is whether it’s worth reupholstering instead of buying new furniture. Here are a few of the benefits and disadvantages of reupholstering a piece of furniture.

Pros:

• Preserving a family heirloom

• Maintaining high-quality furniture in good condition

• Reinventing an old piece of furniture

• Keeping a piece of furniture from going to a landfill

Cons:

• Spending (possibly) more than to buy a new piece of furniture

• Finding out the frame is beyond repair

• Waiting for the reupholstery work to be done