Long-lasting value Unlike cheap alternatives that can fade or fall apart in a few years, the high-quality materials and craftsmanship of luxury furniture allow them to stay in your family for generations. Although designer furniture is more expensive, it is an investment that will serve you for a long time. Buying iconic designer furniture and lighting is an investment, but the justifications are plentiful. Pieces that are timeless, used every day and last a lifetime are the essence of good interior design.
In addition, they can be transmitted from generation to generation and meet sustainability requirements. Investment furniture used to be considered the only realm of antiques or iconic design pieces. Fortunately, this perception has changed over the years and, nowadays, investing in furniture no longer means that you have to restrict your decoration to a particular style that suits the piece. To close this year, we looked at what makes an investment in furniture good and why it is a sensible long-term strategy.
The value of designer furniture is determined by the timelessness of the design, the high quality of the materials and the best workmanship. With furniture from renowned designers, it can be assumed that the items will age beautifully. The slight signs of use even give some furniture more character. Scandinavian classics and Italian design are in constant demand; design made in Germany is even rising in price.
The value of some designer furniture is comparable to the evolution of the prices of classic car models in the automotive industry: the older or rarer, the more valuable. Many new pieces of furniture from renowned contemporary designers such as Kontantin Grcic or Ronan %26 Erwan Bouroullec have the potential to become tomorrow's design classic. Whatever product is a good investment, time will tell. It's a design classic, but it embodies a rather demanding and calm character, which exudes style and adapts to different environments effortlessly with a calm charisma.
The value of a piece also depends on other factors, such as whether the designer is still alive, if the piece is still in production, if the author dies after producing the pieces, etc. For icons or classics, that is, well-known designers with a strong market and exhibition history, you should be prepared to pay some high prices already and be aware that it is in the medium or long term when you will make a profit if you resell. A personal problem for Tim is the excessive use in office blocks of the Barcelona chair, designed by Ludwig Mies van der Rohe for the German Pavilion in Barcelona. Spending money on museum-worthy furniture, whether antique or contemporary, is considered an investment because the designs will continue to be relevant for years to come.
One pitfall online is thinking that a particular piece of furniture will give you the desired effect. Investing in designer furniture will have some unique advantages that will make you consider calling your local designers for an evaluation. It's hard to tell if something is original and almost impossible to know for sure,” warns Tim Gosling, decorator and designer of custom furniture and interiors (opens in a new tab). Use the example of the Anglepoise lamp (opens in a new tab) (above), designed by automotive suspension designer George Carwardine in 1931, as a classic example.
It's even better if you can still get a good price on used furniture and home accessories, some designer pieces are a good investment that you can easily resell if you change cities or personal style. Here lies the argument in favor of good quality, well-manufactured investment furniture with a timeless design. It is not possible to say anything about their quality, but the truth is that these copies do not increase in value, but, like all other furniture, at best they reach a market price. Just make sure that the lighting accessories you bring are unique, have a great design that will never go out of style, and are well made by a trusted designer or brand.