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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.

It’s possible to repair damaged leather as long as the damage is not too severe. Professional leather repair specialists can fill, smooth, and refinish damage like scratches, cracks, and other damage by color matching the rest of the leather. Leather repair pros can evaluate the damage and recommend a plan for repair or replacement. If the leather is on furniture or another item that’s difficult or impossible to replace, repair is the best option, even if the repair does not match perfectly.

High humidity and moisture are the main causes of wood furniture damage, which cause it to warp or crack. You’ll always want to quickly clean and dry any spilled liquids on wood. Make sure you’re storing your furniture in dry places unless it’s been weather treated—that means your outdoor patio may not be the best spot for your antique side table.

It is generally worth repairing leather furniture rather than replacing it, as it is typically more affordable and the material tends to retain its value. A typical repair averages around $250, which is significantly less than the thousands of dollars a replacement could cost. Even a full reupholstering, which can cost up to $4,000, may still be more economical than buying new. With proper care, repaired leather furniture can last for many years, making the investment worthwhile. However, if the underlying structure or frame of the furniture is damaged or malfunctioning, replacement might be a better option. The quality of the leather and the furniture piece are also important factors. For a definitive answer, it is best to consult a leather repair professional to assess your specific situation.