Personal Assets
Furniture Depreciation Calculator
Furniture loses value every year. When roommates split up, the question of what the couch is worth now can spark arguments. This depreciation calculator does the math, so you do not have to.
Tell us about it
in $ USD$1,200.00
$
3
10
-0.15
50%
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Estimated Buyout
$357.00
50% keep50% depart
In plain English
You paid $1,200.00 for it, and it is now 3 years old with a base value of $840.00. After adjusting for condition, the departing 50% owner is owed $357.00.
How we got there+
| Depreciated base value | $840.00 |
| Condition-adjusted value | $714.00 |
| Leaver's share | 50% |
| Final buyout | $357.00 |
Estimates only, not legal or financial advice. Double-check figures with a qualified professional.
How we got there
— Furniture Depreciation CalculatorMethodology reviewed: August 17, 2026 · Source: Corporate Finance Institute — Straight-Line Depreciation
Frequently asked questions
Q.How fast does furniture depreciate?▾
Most furniture depreciates over 5 to 15 years depending on quality and material. You select the expected lifespan and the calculator handles the rest.
Q.What if the furniture was already used when we bought it?▾
Enter the price you actually paid as the original price. The depreciation starts from that amount, not from the retail price.
Q.Should we use retail price or what we paid?▾
Always use what you actually paid. If you got a discount or bought it on sale, that is your original price.
Q.How does condition affect the value?▾
Mint condition adds 15% to the depreciated value. Normal keeps it as is. Damaged subtracts 15% to account for wear or defects.
Q.What is the expected lifespan for common furniture?▾
A sofa might last 10 to 15 years, a mattress 8 to 10 years, and a dining table 15 years. Pick the number that best fits your item.
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