Formula for furniture resale?
We are building a new home and changing our home and decorating style. We have a several pieces of furniture, florals, art, etc. we need to sell. Is there a 'formula' for establishing the value of furniture for resale? All the furniture is in excellent to good condition, very good quality, fairly new and still in fashion. Can I start at the purchase price and deduct a percentage per year of use? Do I take a straight percentage? We have also thought of having a sealed bid auction and starting the bidding at a minimum price. Anyone with much experience in selling (or buying) 'preowned' furniture? Advice PLEASE!