Do you know if an area rug you own is a valuable antique? You might own a collectible rug: at Home Decor Fine Rugs we'll help you find the value of your investment.
Knowing the value of your rug is important for several reasons:
First, you need a certified appraisal for your homeowners insurance. If your rug gets damaged or is stolen and you make an insurance claim, the insurance company will want some proof of the rug’s value. If you do not already have an appraisal, then the insurance company will make its own judgment about the rug’s value which you may find unfair.
A letter by a certified appraiser will be accepted by an insurance company and make sure you get a fair settlement for damages or property loss. Also, you need to know how much a rug is worth in order to make decisions about its maintenance. If a rug is very valuable you probably do not want it in a high traffic area but maybe in a area where there is little traffic or hung on a wall to showcase it.
If you bought a area rug from a store then you probably know what you paid for it. But the market value can be very different. If you owned the rug for many years and kept it in good shape, it could have appreciated in value. If the rug is a few decades old and in good shape it could be worth quite a bit depending on the market.
You might have had a rug passed down to you. Very often a family member buys a rug during a overseas vacation, and gives the rug away after several decades. Chances are no one has firm idea about where this rug originated or when it was manufactured. Identifying a rug, knowing where and when it was made are important elements in establishing the market value for your rug. If you do not already have this information, then you need a professional to date and identify where it was made. You will also need an expert on the rug market who knows the type of rugs. Our rug appraisers will make sure the you get a fair and trustworthy evaluation.
Home Decor Fine Rugs appraisers will apply their vast knowledge and experience with the rug industry to give you a rug appraisal that will be trusted by your insurance company. Our appraisers have worked for decades in the rug industry and know both the US and International rug market.
Our rug appraisal is easy and very affordable. Please contact us and we will schedule an appointment for one of our appraisers to examine your rug.
When we start our detailed inspection we carefully examine the condition of the rug, determine when and where it was made. After carefully studying the rug and its history, we present you with our report, and you will know how old the rug is and where it originated and what condition the rug is in as well as its current market value.
Contact us today at: (858) 397-2626