Used Furniture Value Calculator

Used Furniture Value Calculator

Estimate the fair market resale price of your items

Excellent (Like New) Good (Minor wear) Fair (Visible scratches/stains) Poor (Needs repair)
High-End / Designer Heritage Mid-Range (Mass market solid wood) Budget / Flat-pack (MDF/Particle board)

Estimated Resale Value

Understanding Used Furniture Valuation

Selling used furniture can be a challenge. Unlike electronics, which have very clear market prices, furniture value is highly subjective and depends heavily on material quality, brand reputation, and current interior design trends.

The 50-20-10 Rule of Thumb

A common industry standard for pricing used furniture follows these general guidelines:

  • Start at 50%: If the item is in good condition and relatively modern, start at 50% of its original retail price.
  • The 20% "Newness" Tax: Furniture loses roughly 20% of its value the second it is delivered to your home.
  • 10% Annual Depreciation: Deduct an additional 5-10% for every year of use.

Factors That Increase Value

Not all furniture depreciates at the same rate. You may be able to charge more if:

  • Solid Wood: Items made of solid oak, walnut, or mahogany hold value much better than particle board or MDF.
  • Brand Recognition: High-end brands (like Herman Miller, West Elm, or Restoration Hardware) maintain a "brand premium" in the secondary market.
  • Mid-Century Modern: Currently, vintage styles from the 50s and 60s are in high demand and can sometimes sell for more than their original price.
  • Professional Cleaning: A professionally steam-cleaned sofa can command a 20-30% higher price than a stained one.

Real-World Pricing Example

Imagine you bought a $1,500 sofa three years ago. It is a mid-range brand and in good condition:

  • Retail Price: $1,500
  • Immediate Depreciation (-20%): $1,200
  • 3 Years of Use (~10% per year): Resulting in roughly $870
  • Final Marketplace Price: Expect to list for $750 – $900 depending on local demand.
function calculateFurnitureValue() { var price = parseFloat(document.getElementById('purchasePrice').value); var age = parseFloat(document.getElementById('furnitureAge').value); var condition = parseFloat(document.getElementById('furnitureCondition').value); var quality = parseFloat(document.getElementById('furnitureQuality').value); var resultDiv = document.getElementById('furnitureResult'); var priceDisplay = document.getElementById('estimatedPrice'); var textDisplay = document.getElementById('depreciationText'); if (isNaN(price) || isNaN(age) || price <= 0) { alert("Please enter a valid price and age."); return; } // Baseline calculation: Lose 20% immediately var currentValue = price * 0.8; // Apply annual depreciation (approx 12% per year compounded) for (var i = 0; i < age; i++) { currentValue = currentValue * 0.88; } // Apply condition and quality multipliers currentValue = currentValue * condition * quality; // Establish a "floor" value – furniture usually worth at least 5-10% unless it's junk var floorValue = price * 0.05; if (currentValue < floorValue) { currentValue = floorValue; } // Round to nearest 5 dollars for realistic pricing var finalValue = Math.round(currentValue / 5) * 5; var totalDepreciation = price – finalValue; var percentageKept = Math.round((finalValue / price) * 100); priceDisplay.innerHTML = "$" + finalValue.toLocaleString(); textDisplay.innerHTML = "This item has retained approx. " + percentageKept + "% of its original value. Total estimated depreciation: $" + totalDepreciation.toLocaleString() + "."; resultDiv.style.display = "block"; resultDiv.scrollIntoView({ behavior: 'smooth', block: 'nearest' }); }

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