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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.

Other Helpful Links
Area Rug Prices
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
THIS ARTICLE IS PROVIDED 'AS IS' WITH NO WARRANTY OF ANY KIND. THE AUTHOR, THE SITE OWNER AND ITS AFFILIATES ASSUME NO LIABILITY FOR ERRORS OR OMISSIONS CONTAINED THEREIN OR FOR ANY USE OF THE INFORMATION CONTAINED IN THIS DOCUMENT. The article is for informational purposes only and is not a substitute for professional advice.