Depreciation from Repairs

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Furniture and other Antique topics.

How will repairing my furniture effect it´s value?

Depreciation from Repairs

Although it is impossible to put an exact dollar value on the effect of a given repair, some repairs are minor and may reduce the value of a piece by 10 percent, while major changes may cause a piece to lose as much as 75 percent.

Minor Repairs:

Any changes that are reversible.
Replaced hardware on European furniture.
Hardware added for embellishment.
New feet on any European furniture.
Replaced mirror.
New gilding.
Missing castings on chair legs of French furniture.
Small alterations to the cornice of a bookshelf.

Major Repairs:

Replaced hardware on American furniture.
New feet on any piece of American furniture.
A damaged or stripped patina on American furniture.
A new top on a chest.
Marriage of pieces that don't belong together, such as a bookshelf on top of a slant front desk.
Reduction in the depth of a chest.
Replaced chair rails.
Spliced or repaired chair legs using all of the original parts.
Even worse-legs with newly carved sections.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Antique Tip Site? Request a Tip Now!


Guru Spotlight
Byron White