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Not always—heavily worn or broken furniture often isn’t worth repairing or refinishing (if it’s even possible). While some damage can be repaired and some of the visual appeal restored, major flaws, such as structural issues, can’t be fixed as easily. If you still want a cost-saving furniture refinishing project rather than purchasing all new, consider shopping for similar secondhand pieces at thrift stores, garage sales, and estate sales.

It is usually worth repairing leather furniture, as it tends to retain its value, provided you care for the material. A typical repair for leather furniture will cost about $250, which is significantly more affordable than replacing the furniture entirely. Even if you spend toward the upper end of the typical cost range for a full reupholstering—around $4,000—you’ll still save money over replacing it. Of course, the quality of the leather and the piece of furniture matters. Consult a leather repair professional about whether it’s worth repairing your leather furniture.

It can be cheaper to reupholster a chair or other piece of furniture than to buy a new one, depending on how much it costs to replace. If the chair or couch originally cost less than $300, then reupholstery may not be the cheapest option. However, if the chair is expensive, vintage, or discontinued, reupholstery can be the more affordable option. This is especially true if the piece of furniture is out-of-production or holds sentimental value.

Doing your own upholstery work is possible, but it’s typically a better idea to leave the work to professionals. Without experience and the proper tools, it’s difficult to get a professionally finished appearance for your furniture, and many DIYers end up spending money on tools and materials only to hire a professional when they can’t get the fabric to look right. If you have reupholstery experience, feel free to give it a shot. However, if you’re not confident in your skill level or you’re working with antiques, it’s worth the money to hire a pro.