How to Value Inherited Furniture From Family

Published: January 15, 2023

When you are left with an antique piece of furniture from a loved one, it can be a considerable financial investment. But how do you know the value of your antique furniture? This guide by UNITS of Northeast Kansas will help you get an accurate appraisal.

Here Is Some Basic Information You’ll Need:

• Find out what the furniture is made of. What kind of wood is it? Be sure to list all materials you can find.
• Note all damage, no matter how small, including but not limited to scratches, dents, chips, or cracks.
• Search the piece for any labels or maker’s marks.
• Examine the piece for any signs that it has been repaired in the past.
• Might you have any old photographs that depict the furniture? These could help date it.

Appraisal Tips

• Internet or App appraisal
• In-person professional appraisal
• Get the appraisal in writing, with a straightforward description of your item’s value
• You should be prepared to spend some money on a reputable appraiser. Hourly rates can range from $25 to over $300.

Although appraisal fees can be costly, you can save money by doing some research on your own before committing to a professional evaluation. Just remember that free appraisals won’t provide any documentation that certifies the appraised value. Treat these appraisals like a starting point or a second opinion, never your final appraisal.

Decide What to Do With Appraised Furniture

After the appraisal, you must determine what to do with your new piece. You have the option of enjoying it as is, selling it, or giving it away. UNITS Moving and Portable Storage of Northeast Kansas can help you find the ideal container for your unique needs. We offer storage units in 12ft and 16ft, so there’s always a space ready for furniture. We also offer climate-controlled facilities that will make sure that your items do now warp or get damaged from extreme temperatures and humidity.

Don’t Touch the Furniture Until You Know Its Value

Unless you are a professional, do not try to fix the piece, it could devalue it! It’s best to leave cosmetic changes and repairs up to an appraiser or professional antique dealer. They will be able to assess how much the item is worth and give you tailored suggestions for restoration.

After Appraisal

After the appraisal, you must determine what to do with your new piece. You have the option of enjoying it as is, selling it, or giving it away.

UNITS of Northeast Kansas can help you find the ideal container for your unique needs. We offer storage containers in 12ft and 16ft, so there’s always a space ready for furniture. Contact our team today to find the storage space that’s right for you!