Here are a few tips on how to price your garage sale items. This is probably the biggest question people have when having a garage sale and unfortunately there is no right answer.  It depends on what your goal is.

Pricing everyday household and misc items…

Typically low desirable items like typical household items, etc. go for about 10-20% of their original cost. This seems to be a common answer that you will get from most people and for low desirable items it is true.

Of course, there are some items that will be hard to give away!  So on those items you’ve got be willing to take what you can get.

Find the True Market Value of Your Items…

Do your research and look at completed listings on eBay.com, check Amazon.com, or check Craigslist.org

Remember the only thing you will see on Craigslist are the items that haven’t sold, so just because somebody is asking a certain price, doesn’t mean that’s what it’s worth.

You won’t be able to sell your items at a garage sale for as much as you see them sell online for, but it least it gives you an idea. For example, you may not realize that your old cell phone still sells online for around $100 and you were just going to put $10 on it.

You should usually be able to get 50% and maybe as much as 75% of market value on the highly desirable items that you sell at your garage sale. – Items like iPods, Laptops, and Cell Phones

Keep in Mind…

Even if you find the value of an item, you will most likely not get that for it at your garage sale.  So decide what you will let it go for and how much it would cost you to sell it online after you pay fees and shipping. And remember the hassle that it takes to list it and ship it.

To get a better feel about prices that things sell best at garage sales and yard sales…

See my tutorial on “What to buy at Garage Sales“.  It’s geared for buyers to know values, but it will also be helpful for sellers too.

When you are done there or if you are read to move on, go to the next section…

How to Organize and Set-up a Garage Sale