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Yes, in most cases it’s a good idea to wrap furniture in plastic to protect it from dirt, dust, and damage during storage. However, natural and porous materials such as wood or leather should have breathable fabric covers to prevent moisture damage from condensation. Either way, it’s always important to ensure proper ventilation to prevent moisture buildup, especially in humid climates. 

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.

Whether the leather repair is worth it depends on the extent of the damage, the cost to repair, and the value of the leather item. If the leather is part of an item that’s very expensive to replace, then attempting to repair it may be worth it. Also, if the leather piece holds great sentimental value, it’s worth restoration or repair, if possible.

If your couch is damaged, you are not out of options. You might try fixing it on your own, bring in a furniture repair specialist, or opt to get rid of it responsibly. Depending on its condition, you could donate, sell, recycle, or drop it off at a local scrap facility.