🎹 Piano Value Calculator
Estimate your piano's market value based on type, brand tier, age, condition & more
| Age Range | Excellent | Good | Fair | Poor |
|---|---|---|---|---|
| 0–5 years | 90–100% | 75–90% | 55–75% | 30–55% |
| 6–15 years | 75–90% | 60–75% | 40–60% | 20–40% |
| 16–30 years | 60–75% | 45–60% | 25–45% | 10–25% |
| 31–60 years | 50–65% | 30–50% | 15–30% | 5–15% |
| 60+ years | 40–70%* | 20–40% | 5–20% | 0–5% |
*Vintage instruments in excellent condition may command a premium over new retail price. Steinway and Bosendorfer grands often appreciate with age if well-maintained.
| Type | Length (in) | Length (cm) | Weight (lbs) | Weight (kg) |
|---|---|---|---|---|
| Concert Grand | 84–108+ | 213–274+ | 990–1,200 | 449–544 |
| Medium Grand | 72–84 | 183–213 | 700–900 | 317–408 |
| Baby Grand | 58–72 | 147–183 | 500–700 | 227–317 |
| Professional Upright | H: 48–52 | H: 122–132 | 400–600 | 181–272 |
| Console Upright | H: 40–44 | H: 102–112 | 300–450 | 136–204 |
| Spinet | H: 36–40 | H: 91–102 | 200–350 | 91–159 |
| Stage Digital | 54–60 | 137–152 | 25–65 | 11–29 |
| Portable Digital | 48–54 | 122–137 | 10–25 | 4–11 |
| Brand Tier | 5 Years | 15 Years | 30 Years | 50+ Years |
|---|---|---|---|---|
| Steinway / Bosendorfer / Fazioli | 85–95% | 70–85% | 60–80% | 50–120%* |
| Yamaha / Kawai / Bechstein | 75–85% | 55–70% | 35–55% | 20–40% |
| Baldwin / Young Chang / Mid-Range | 60–75% | 35–55% | 15–35% | 5–20% |
| Budget / Unbranded | 40–60% | 10–30% | 1–10% | ~0% |
| Digital (any brand) | 30–60% | 5–20% | ~0% | ~0% |
*Premium grands in restored condition can exceed original retail value.
Figuring out the Piano Value can be hard. There is no reliable “Blue Book” for pianos, like there is for cars or coins. This makes the whole process much more extra than most folks expected.
Fair market value is the price that a buyer and seller, both willing, would exchange the item, without obligation to buy or sell. They must both know quite a lot of the important facts. Rating of a used piano usually happens by means of three ways to reach this value: comparison with similar sales, depreciation, and the ideal price reduced by fix-costs.
How to Find the Value of a Used Piano
To estimate the Piano Value, it is useful to think about its brand, its state, age and present trends in the market. It is important to gather info about it, to well describe it to a possible buyer. Also smart to check local prices of similar instruments.
Let an expert piano technician estimate it, taht is a wise move.
The brand has big weight. Famous brands got their fame for good reason. They represent high-quality, long-lasting instruments.
So they keep more value, because buyers know the name and the prestige that it brings. Yamaha beats all other brands according to resale value between instruments. Some less known, as Petrof, Estonia or Schimmel, can be good investment especially because few folks no about them.
Pianos lose value over time. According to depreciation rules, a used piano is worth around 20 percent of the store price of a new same model, although good brands keep more. Even so they do not drop in value as quickly as cars, so one can trade one for a fresher one later.
Even so, one can well assume that a piano probably never will sell for full price. The emotional value does not turn into money.
Old, unrepaired upright pianos commonly are worth almost nothing. Many folks simply give them to anyone that is ready to transport them. An upright piano in good state, that does not need big work, could cost around one hundred to two hundred dollars.
Big pianos reach a bit higher prices. Old pianos and organs range from some hundreds of dollars to ten thousands.
Restoring a piano costs a lot. It can spend around twenty-five thousand dollars, sometimes more, according to the state of the soundboard and the pin block. Usually one must replace the strings, hammers and felts.
To estimate a used piano yourself is possible, but it is not entirely easy. Trusting only in the brand is not the best way. Play various pianos and ask help of a technician togive a much more clear idea.
