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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.

Reupholstering is often worthwhile for high-quality, antique, or sentimental couches, especially if the frame is sturdy. It can cost less than buying a comparable new piece and allows for customization, but may not be cost-effective for low-end furniture.

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.

When deciding whether to reupholster, repair, or replace old furniture, consider its age, level of wear and tear, and overall value. It’s usually better to repair old furniture because older pieces tend to be made out of hardwood, like oak and maple, whereas newer furniture is more often made out of plywood, medium-density fiberboard (MDF), and other less durable materials. When determining whether it’s worth the price to repair a furniture item, calculate the price of buying a new, similar piece and compare that to quotes from local furniture repair services.