furniture resale value

kadelsonJune 7, 2012

I am seriously downsizing and have to part with some lovely furniture. Fortunately, the soon-to-be-buyers of my large home want to buy some of it. Among the items are a Stickley Mission Oak dining table with three leaves and eight upholstered dining chairs, Stickley upholstered sofas and chairs, a Stickley custom silk area rug. There are many other high quality pieces including Brown-Jordan, South Cone, Stone Country Ironworks, and Old Biscayne. The furniture that I am selling is in almost perfect "like new" condition, all approx 7 years old and selected to fit in the house. How much of a hit should I expect to take? For example, the dining room set was $6600 new, not including sales tax. I am planning to ask $4700. The Stickley upholstered furniture was $18000 + new. I am asking $9750. The Old Biscayne Mercedes king-size bed (head and foot) with a matching leather bench was $5000. I would like to ask $3200. Am I delusional or am I on the right track?

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Stuart11

As per my point of view your are expecting little more. Reduce atleast $700 from your each thing.

    Bookmark   June 7, 2012 at 7:14PM
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lindac

Afraid you are delusional. Furniture is a lot like cars. A new Mercedes after 5,000 miles is just a used car.....albeit a used Mercedes!
If you can get half of what you paid for it you are very lucky....or have found a perfect buyer.
Linda C

    Bookmark   June 9, 2012 at 10:40PM
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