Consider the condition of the household items in question. Items in brand-new condition have greater market value than those in good condition. According to the Internal Revenue Service, household items in poor or broken condition have no intrinsic value, so the fair market value would be zero.
Research the value of identical or similar items selling online or in local stores. If you have receipts for your original purchase, use those to get the original value.
Find similar items in similar condition and check the selling price. Places to check include thrift stores, eBay and Craigslist. If nothing similar is available then it’s possible that the value increases.
Use the “Donation Value Guide” on the Salvation Army’s website (see Resources) to estimate fair market value figures for your household items.
Add up the values you have calculated from the various methods. Take the average of those values to get a reasonable estimate of fair market value for each household item.