How to Price Flipped Furniture
Whether you’re just dipping your toes into flipping furniture for profit or you’ve been reviving old furniture for years, one thing we can all agree on is that how to price flipped furniture is a big hold up and something we all might wonder if we’re doing right.
It’s a delicate balance between valuing your time and labor, making a fair profit, and still enticing customers with a compelling deal. Don’t sweat it though, we’re here to help you navigate through this! This post is going to dive into the art of pricing your flipped furniture – from end tables to dressers and everything in between.
So, you’ve found a hidden gem of a piece at the thrift store, or maybe you’ve dug out an old piece of furniture from your garage, and you’ve worked your magic to make it shine again.
You’ve sanded, painted, topcoated, and now it’s time for that messy part – figuring out how much to charge for your masterpiece.
In this post, we’ll guide you through the process of pricing your upcycled furniture so that you can earn a pretty penny for all your hard work while keeping your buyers happy. It’s not as daunting as it sounds, promise!
Factors Impacting Furniture Pricing
You’ve given it your all, maybe shed a tear or two, and now it’s time to make sure you get the recognition you deserve for all that hard work. Remember, it’s not just about covering your expenses.
It’s about valuing your time, creativity, and the special touch you bring to each and every piece.
Before getting into the nitty-gritty of how to price your furniture, let’s look at some of the factors that might affect your prices.
Type of Furniture
The kind of furniture you’re selling really matters when it comes to pricing. Whether it’s an end table or a china hutch, the original value and functionality will totally affect the price.
Check out my post for the best places to get good furniture for cheap.
Quality of Material
The quality and type of materials used in your piece will also have an effect on the pricing, as certain materials can be more difficult to work with than others.
For example, solid wood pieces may be pricier than those made from composite or MDF “wood”.
Reflecting Time and Complexity in Price
The amount of time invested in a piece is also something to consider. If you’ve spent hours sanding and refinishing, that should be reflected in the price tag.
Additionally, if your piece requires more complex techniques or specialized materials to complete it, like applying custom mouldings or a time intensive finish, that too should be factored into the pricing.
Incorporating Skill Progress into Pricing
Finally, it’s ok to adjust your prices over time as you gain more experience in furniture flipping. Starting at a lower price point might be beneficial.
This can attract initial customers and help you build a solid reputation.
As your skills and abilities progress, so too should your prices. Remember, each piece you sell represents not only a piece of furniture, but also your time, creativity, and skill.
The Location of Your Sales
Where you choose to sell your pieces can also have an impact on the pricing.
If you’re selling online, factors like shipping and handling costs need to be considered when deciding on a price point, but you can also sell to a larger audience, making it easier to sell your pieces for a higher price.
Learn more about how to start selling furniture online here.
If you only sell locally, you may be very limited because of your location. But if you live in a big city, you also may have a lot of local sales with a lot of opportunities for pricing available.
If you live in a very small town, you just don’t have as many options.
Here are my top tips on how to sell furniture fast that you should know!
You can still try to sell for a higher price, but your sales will be very slow. If you can market to surrounding areas though, you have better chances at getting a better price for your piece of furniture.
We have everything you need to know for the best place to sell furniture online here.
Price Examples for Flipped Furniture
Now that we’ve looked at some of the key factors to consider, let’s look into the specifics of furniture flipping pricing. We’ll explore common pieces and what kind of price range they might command in the market.
Keep in mind that there is no one-size-fits-all solution when it comes to pricing your furniture.
The range of prices listed here are intended as a guideline only and should be used alongside the other considerations discussed in this post.
End tables, while smaller, can still provide a nice profit. Depending on the level of work required for refurbishing and the style of the piece, these can often sell for between $75 and $150 each.
Dressers are a popular item and can get a higher price. A smaller dresser might sell for at least $150, but a larger piece, or one that has required more work, could easily command a price of $350 or more.
China hutches, due to their size, will often bring in the highest prices.
Here is another great example of flipping furniture for a $675 profit in 30 hours.
These are eye-catching pieces that stand out in a room and can command a higher price due to their decorative and functional value.
Selling Strategies: Easy-to-Sell vs Hard-to-Sell Furniture
Some furniture is easier to sell than others. For example, dressers are usually easier to sell because a family of 4 usually needs 2-4 dressers in their home.
But if you’re finding it hard to sell your dresser, check out this post for ways on how to get rid of a dresser.
They also are great for TV stands or accent tables in large hallways.
On the flip side, rocking chairs are a lot harder to sell. Not everyone even needs a rocking chair. The market is small, and so you need to refinish it in more of a neutral scheme to appeal to more people.
If you paint it a bold color, it might take even longer to sell. But, then again, maybe there is someone in your area who is looking for a bold painted rocking chair. If the style and price are right, they might snatch it up fast!
Get more tips and tricks on how to sell used furniture to elevate your strategy.
The Benefit of Custom Orders
For this reason, custom orders are great. You can paint a piece of furniture specific to someone’s choices and you don’t have to guess what they want. In some cases, you can update their furniture instead of yours, so you don’t have to source it either.
But, then you have to manage the customer and make sure you are on the same page about the final look and price.
For custom work, please make sure you have a contract and get 50% payment up front so you don’t get stuck with the custom piece of furniture and no payment.
Free Pricing Guide for Selling Furniture
If you would like more information on exactly what prices we sell our painted furniture for, and more tips on how to sell your furniture for the most that you can, download our free pricing sheet.
We have prices for all of the most common pieces of furniture.
It also includes how much you should spend on your furniture when you buy it so you don’t spend too much and lose your profit margin.
Click the image below to grab your free pricing guide here!
How to Ship Furniture – The Ultimate Guide
Curious to learn more about selling furniture online and then shipping your furniture? We’ve only scratched the surface with flipping furniture for profit in this post!
Learn exactly how to sell your furniture online and how to ship it in our comprehensive how to ship furniture guide.
It covers all your burning questions, making it a breeze for you to ship furniture across the country in no time!
If you want to just grab the basics of shipping furniture to see if it is the right fit for you, check out how to ship furniture across the country and how to get your valuable pieces delivered safely with blanket wrap furniture shipping.
We’ll also give your real-life examples of how much does it cost to ship furniture to another state here.
Also, here are my tips on how to offer free shipping and still make money that you should check out.
More painted furniture selling tips
- How to Make Money Painting Furniture
- What Color Furniture Sells Best?
- Furniture Painting Price List
- Is Selling Furniture Profitable?
- Can you Make Money Selling Furniture on Etsy?
Follow us on YouTube to get more tips for painting furniture.
Or share your project with us on our Facebook Group and be part of our community. See you there!