adaptmethod's Profile

Display Name: adaptmethod
Member Since: 11/15/10

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Furniture's life expectancy calculation is more for resale valuation. For instance, quality solid wood furniture should sustain its value indefinitely with about a 2% annual depreciation. The best way to understand it is to use relative comparisons. IKEA would have a depreciation value more likely above 20%.

The second most important thing to remember is that we change our tastes and adapt to trends in 5-10 year cycles. So if you expect to redecorate after 10 years consider this:

The IKEA piece you bought is worth nothing after its first 5 years (disposable)

The solid wood console you bought at a steal for $500 is still worth an actual cash value of $400...after 10 years!

If you expect to have something forever, it really doesn't matter. But when you look at your overall assets, it would be in your best interest to buy solid wood or high-quality authentic materials to protect your investment. I know...depreciable assets aren't an investment...but you should think of furniture that way.

If you have questions about my response you can contact me at any time.

I'd be happy to talk more about sustainability in furniture goods. It's my passion!

Survey: What's Your Furniture Life-Expectancy?
11/15/10 03:58 PM