Area Rug Depreciation Chart
By Michael Hilton
The following suggested guideline for area rug resale is based on input provided by area rug industry professionals. Many area rugs will depreciate for a number years and then begin to increase in value as they age.
Carpet and Rug Depreciation Chart
|
Age of Carpet
|
Three (3) Year Rug
|
Five (5) Year Rug
|
Seven Year (7) Rug |
Ten (10) Year Rug
|
|
Carpet Retail Excluding pad and labor |
< $10.00
|
$10.00 - $15.99 |
$16.00 - $20.99 |
>$21.00
|
|
One Year Old |
60%
|
30%
|
25%
|
20%
|
|
Two Years Old |
30%
|
25%
|
22%
|
20%
|
|
Three Years Old |
10%
|
20%
|
17%
|
10%
|
|
Four Years Old |
-----
|
15%
|
12%
|
10%
|
|
Five Years Old |
-----
|
10%
|
10%
|
10%
|
|
Six Years Old |
-----
|
-----
|
8%
|
10%
|
|
Seven Years Old |
-----
|
-----
|
6%
|
5%
|
|
Eight Years Old |
-----
|
-----
|
-----
|
5%
|
|
Nine Years Old |
-----
|
-----
|
-----
|
5%
|
|
Ten Years Old |
-----
|
-----
|
-----
|
5%
|
About the Author
Michael Hilton was the original creator of Carpet Buyers Handbook. Having owned and operated a carpet wholesale company, Hilton has a vast knowledge about all-things carpet related as well as other types of flooring.
Buying Area Rugs
Decorating with Area Rugs
Area Rug Gallery
Area Rug Care and Cleaning
Discount Area Rugs
Area Rug Wholesalers
Area Rug Depreciation Chart
Area Rug Links
