Could you get another quote? I was quoted a lot less than that to have a three piece reupholstered although decided not to have it done in the end. If you really like everything about it it might be worth doing. I've been told that the three piece I've just sold would have had a beech frame, something that sofas don't have nowadays. It's also worth shopping around if you do go for a new one; it's amazing the deals that you can get. I've just bought a sofa and two chairs from a shop that buys ex showroom furniture. It's nowhere near as comfy as the one I've just sold though.