Appraisal Report
Fair PriceItem Identity
LiftMaster Garage Remote Model 51
Fair Market Value Estimate
$10 - $15
Original Retail Price
$30 - $40
Confidence
High
Analysis
The asking price of $10 is reasonable for a specific vintage replacement part locally. This is an older model that uses dip switches for coding, compatible with legacy garage door openers. While $10 is cheap, you can purchase brand-new universal remotes compatible with dip switches online for only slightly more ($12-$18). It is a fair price for the convenience of immediate pickup versus shipping.
Market References & Alternatives
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{
"identity": "LiftMaster Garage Remote Model 51",
"fmv_estimate": "$10 - $15",
"original_price": "$30 - $40",
"verdict": "Fair Price",
"analysis": "The asking price of $10 is reasonable for a specific vintage replacement part locally. This is an older model that uses dip switches for coding, compatible with legacy garage door openers. While $10 is cheap, you can purchase brand-new universal remotes compatible with dip switches online for only slightly more ($12-$18). It is a fair price for the convenience of immediate pickup versus shipping.",
"alternatives": [
{
"name": "Universal Dip Switch Garage Door Remote (New)",
"price": "$12 - $16",
"url": "https://www.amazon.com/s?k=universal+dip+switch+garage+remote"
}
]
}