Fair Market Value Furniture Appraisal

5.0from 80+ client reviews

Fair market value furniture appraisals for charitable donations and estate tax filings, prepared in accordance with IRS Form 8283 requirements. AppraiseItNow delivers auction-based fair market value reports with documented comparables.

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DEFENSIBLE, USPAP-COMPLIANT FURNITURE APPRAISAL REPORTS — QUALIFIED FOR THE IRS, CPAS, AND FINANCIAL ADVISORS.

  • IRS
  • Chase
  • State Farm
  • Bank of America
  • Habitat for Humanity
  • United States Courts
  • Wells Fargo

The personal property team behind your fair market value appraisal

Between them, our personal property appraisers hold ISA and CAGA designations, and every report is written to USPAP for the IRS, CPAs, and financial advisors.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Anne Hay

Anne Hay

Personal Property Appraiser

ISA Accredited Member with 30 years in the trade, from running estate sales and an auction gallery to appraising luxury apparel, furniture, artwork, antiques, and business assets, primarily for IRS tax filings.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Ashley Innes

Ashley Innes

Personal Property Appraiser

ISA Accredited Member specializing in Asian art, with a Master's from SOAS and a Postgraduate Diploma in Asian Art. Ashley chairs the ISA's Antiques, Furnishings, and Decorative Arts committee and appraises for charitable donation, insurance, and equitable distribution.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Fair market valueThe IRS definition of value a buyer, seller, CPA, or advisor can rely on
  • International Society of AppraisersAccredited Member
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Furniture Appraisals for Fair Market Value

When furniture is donated to a qualifying charitable organization, the IRS requires a qualified appraisal for any noncash contribution exceeding $5,000, with the results reported on Form 8283, Section B. Fair market value for furniture reflects what a willing buyer and seller would agree upon in an open market, without compulsion, and is distinct from retail replacement cost or insurance value. AppraiseItNow's personal property appraisal services cover furniture across all periods, styles, and conditions, supporting IRS compliance, estate tax filings, gift tax returns, and probate proceedings.

We conduct furniture appraisals both online and onsite throughout the United States, adapting our process to the complexity and location of each collection. Whether you need a single piece evaluated or an entire household of furnishings documented, our fair market value appraisal services are structured to meet IRS and USPAP requirements from the first step.

Furniture We Appraise for Fair Market Value

AppraiseItNow appraises a wide range of furniture types for fair market value determinations, including:

  • American antique furniture, including Federal, Chippendale, and Queen Anne period pieces
  • European antique furniture from English, French, and Continental makers
  • Mid-century modern furniture by recognized designers such as Eames, Knoll, and Nakashima
  • Arts and Crafts and Mission-style furniture, including Stickley and Roycroft pieces
  • Victorian and Edwardian parlor sets, bedroom suites, and case pieces
  • Painted and decorated furniture, including Pennsylvania German and folk traditions
  • Asian furniture and lacquerwork, including Chinese and Japanese cabinets and screens
  • Custom and studio furniture by identified craftspeople or regional cabinetmakers
  • Upholstered furniture with documented provenance or designer attribution
  • Entire household contents and estate furniture collections requiring bulk documentation

How Our Furniture Appraisal Process Works

  • Appraisers examine each piece for condition, construction details, maker's marks, provenance, and any repairs or alterations that affect value, then research comparable auction results and private sales to establish a supportable fair market value conclusion consistent with IRS Publication 561 and Treasury Regulation 26 CFR §1.170A-1(c)(2).
  • The completed appraisal report includes a detailed description of each item, photographs, the methodology used, comparable sales with adjustments documented, the effective date of value, and the appraiser's signed certification, meeting all requirements for Form 8283 Section B attachment.
  • AppraiseItNow's appraisers hold credentials through recognized professional organizations including ISA, ASA, and AAA, with demonstrated competency in antiques, decorative arts, and personal property, satisfying the IRS definition of a qualified appraiser.
  • Reports are delivered digitally and are formatted to withstand IRS review, estate attorney scrutiny, and probate court requirements, with turnaround times designed to meet tax filing deadlines and estate administration timelines.

What clients say we are known for

AppraiseItNow Reviews: “the company exceeded all of my expectations” and “I will definitely use their services again”

  1. Being the appraiser they come back to“I highly recommend their services” Nicholas F.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runs“From the start they were very responsive, price competitive” Chris S.Mentioned in 34 reviews
  3. Showing the research and the comparables behind the number“They were prompt, thorough” Nicholas F.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • I was skeptical at first, but the company exceeded all of my expectations. The team responded quickly to every question, and the service was excellent. They’re now my go to source for my collection. I’ve used them twice already, and I plan to use them several more times.
    Robert Y. , Concord, NH ·

    Firearms Appraisal for Personal Use

  • Fast and friendly service. I will definitely use their services again!
    Preety A., Miami, FL ·

    Personal Property Appraisal

  • Joe and his team were highly responsive and provided strong, well-supported comparisons to justify their appraisal values. The process of uploading photos was smooth and straightforward. We would definitely work with him again for future appraisal needs.
    Hugh W. , Cranberry, PA ·

    Antiques Appraisal for Personal Use

  • The staff at AppraiseItNow was exceptionally professional and attentive, ensuring a comfortable experience throughout the entire appraisal process.
    Tabatha C., Prosper, TX ·

    Sports Memorabilia Appraisal for Personal Use

  • AppraiseItNow, Inc. was professional in every way. They were prompt, thorough, and provided impressive credentials that demonstrated their expertise. I highly recommend their services.
    Nicholas F. , Varysburg, NY ·

    Antiques Appraisal for Personal Use

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S., San Clemente, CA ·

Frequently Asked Questions on Fair Market Value Furniture Appraisals

What does fair market value mean for furniture?

The price a willing buyer would pay a willing seller in the furniture's most common market, following the definitions in Treasury Regulations 1.170A-1(c)(2) and 20.2031-1(b). For most household pieces that market is resale, meaning estate sales, consignment, and used dealers, not new retail showrooms.

Can I estimate furniture FMV as a percentage of what I paid?

No. The IRS rejects formula approaches based on original or replacement cost, and industry heuristics like 50 to 70 percent of retail are not recognized valuation methods. Defensible values come from documented sales of comparable pieces, and worn or dated furniture may have little or no market value at all.

How does furniture FMV differ from an insurance appraisal?

Insurance appraisals state replacement value, the retail cost of a comparable item today, which typically runs well above fair market value. Importing insurance figures into a tax filing, estate, or equitable distribution overstates value, and it is one of the most common material errors we are asked to correct.

What makes a furniture FMV conclusion hold up under review?

Identification of the most common market, plus maker, age, acquisition history, and condition notes, supported by several comparable completed sales showing actual sale prices, not asking prices, with dates and venues. Reports missing those elements are the ones the IRS and courts pick apart.