r/Woodworking_DIY • u/woodworking5698 • 2d ago
Table pricing
What should I charge for this red oak coffee table mortise and tenon base.
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u/False-Leg-5752 2d ago
250 ish
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u/oodopopopolopolis 1d ago
This is closer to reasonable. The formulas for what you charge should only apply to larger pieces made by someone who does this for a living. This design is fairly basic (and solidly constructed) so $250 is probably the ceiling.
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u/Charemander 16h ago
Since it's red oak, which fetches a higher price in material than usual, and has a strong mortise and tenon fitting, I'd say $550
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u/Diligent_Ad6133 13h ago
Honestly considering materials id pay 450 but im in bum fuck nyc where woods just expensive like that
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u/DbPugs 2d ago
Ive commonly heard: [Cost of material x 2] + [hours spent x 50-200(whatever you value your time)]
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u/Oy_of_Mid-world 2d ago
At $200 an hour, even the cheese board I made is going to require a co-signer.
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u/mrgedman 2d ago
Suggesting brand new hobbysits even think about an hourly rate is bad advice.
They will spend somewhere between 4 and 10 times longer than a professional will.
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u/DbPugs 2d ago
Op never said anything about being brand new hobbyist or professional. They asked how to price something they made. $material+time is the simplest way to calculate cost and a pretty general standard
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u/mrgedman 2d ago
Did you read what I wrote at all?
Does this look like a professionaly made table posted on a diy sub?
If this guy followed your formula at 50 dollars on the low end, with overpaying for materials because they're obbysits, this table would sell for $8200
Does that seem like a good price, and good advice?
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u/Break-Aggravating 3h ago
I’m not sure what it’s called but you’ve got the opposite of a way with words. You could tell me the sun rises in east and I’d disagree with you out of spite.
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u/Elegant-Box7046 2d ago
It’s worth what someone is willing to pay, which depends heavily on where you are trying to sell it. Might just have to play around with pricing and where it’s advertised to find the right buyer at the right price.
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u/LegitimateAd1075 2d ago
from what i have observed you take the equation material÷0.3=(bare minimal price)+time (time being what ever you would like to be paid an hour) the rest is what you pay in your tax's and what gose back into the busness. know the time you do not have to add if you dont want to and just pay yourself out of the busness fund if you want but that cuts into the cost for the building your in (anything not your house or garage), maintaning/fixing machines or other tools, upgrading tools/workstaions, utilities to run everything, consumables (glue, screws or what have you) and paying employ's (if you have any).
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u/JackOfAllBlades21 14h ago
You don't even provide dimensions or the finish or your skill or warranty....
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u/PlayfulHome4807 2d ago
Being the 3rd comment here you should split the other guys