Enter what you originally paid, how old the piece is, and its condition to get a ballpark resale value for listing it secondhand.
Estimate only — brand, style trends, and local demand matter as much as age and condition.
We start with straight-line depreciation — original price multiplied by the fraction of its useful life still remaining — then multiply that by a condition factor ranging from 1.0 for excellent down to 0.4 for poor. The result is floored at 5% of the original price, so the estimate never drops all the way to zero.
Straight-line depreciation is the simplest way to spread lost value evenly across an item's expected lifespan, which is why it works as a resale baseline. Layering a separate condition multiplier on top accounts for the fact that two pieces of identical age can be worth very different amounts depending on wear, and the 5% floor reflects that even heavily worn furniture usually retains some resale or scrap value.
It depends heavily on brand reputation, current style trends, and local secondhand demand, in addition to age and condition — treat this as a starting point and check completed sales for similar pieces in your area.
Often yes — well-known brands and solid wood construction tend to depreciate more slowly than mass-market veneer or particleboard furniture, sometimes even appreciating if they become collectible.