How to set the right price for your used furniture

There can be many reasons you would want to sell your furniture. Maybe you are moving out or replacing it or just because you have it sitting in the storage and you are never going to use it. Setting the right price for used furniture can be a little tricky as there is no fixed set of guideline for setting the price. The price varies depending on the type of furniture and the market dynamics. However, you can come up with the right price of the used furniture by evaluating its utility and some other yardsticks. Here are a few points that you should keep in mind while setting the price.

Determine the Value of the furniture

Is the piece common or antique? Was it made by some famous manufacturer or is it a collectible? Period pieces and collectibles are high in demand and so is the price. You can get more than the average price for antique and period pieces. Furniture’s manufactured by famous manufacturers are easy to sell and their current prices are a good baseline for you to set the price.

What is the size of the furniture?

Another key aspect to take in consideration is the size of the furniture. Large and bulky furniture is usually difficult to sell. Small furniture’s are easy to sell as it takes small space and can fit in a large variety of settings.

Colour and tone of the furniture

This is perhaps the most important aspect that decides the sale ability of the furniture. Neutral colours and mild tones go well with all kinds design. You can usually get better prices for these kind of furniture than loud and striking tones.

The condition and quality of the furniture

The condition of the furniture is the key factor on the price of the furniture. If it is well maintained it can get you a reasonable profit, sometimes more than the average. Good quality furniture’s are high on demand and thus the price.

The price range between 20 to 40 percent of the original is usually a good and reasonable price to set for your used furniture. However, depending on the condition and demand you may have to negotiate to get a good price.