Appraisal Report

Overpriced

Item Identity

Martha Stewart Huddleston Writing Desk

Fair Market Value Estimate

$100 - $130

Original Retail Price

$340 - $380

Confidence

High

Analysis

While the desk is in excellent condition, the asking price of $180 is high for used furniture made of 'manufactured wood' (particle board/MDF). The ad has been posted for 2 months, a strong indicator that the local market rejects this price point. Similar desks can often be purchased brand new for around $150-$200. A fair price for used Wayfair furniture is typically 30-40% of retail.

Market References & Alternatives

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{
  "identity": "Martha Stewart Huddleston Writing Desk",
  "fmv_estimate": "$100 - $130",
  "original_price": "$340 - $380",
  "verdict": "Overpriced",
  "analysis": "While the desk is in excellent condition, the asking price of $180 is high for used furniture made of 'manufactured wood' (particle board/MDF). The ad has been posted for 2 months, a strong indicator that the local market rejects this price point. Similar desks can often be purchased brand new for around $150-$200. A fair price for used Wayfair furniture is typically 30-40% of retail.",
  "alternatives": [
    {
      "name": "Target Loring Wood Writing Desk",
      "price": "$130",
      "url": "https://www.target.com/p/loring-wood-writing-desk-with-drawers-project-62/-/A-52651666"
    },
    {
      "name": "IKEA MICKE Desk",
      "price": "$90",
      "url": "https://www.ikea.com/us/en/p/micke-desk-black-brown-10244743/"
    }
  ]
}