Appraisal Report
OverpricedItem 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/"
}
]
}