$5K May Be Sitting in Your Garage Right Now — Here's What To Sell First
You might think your garage is just full of junk, but those unused or forgotten items could be worth thousands in total. A recent Alan's Factory Outlet analysis found that the average American garage contains about $5,035 worth of items based on resale value. Of the 28 common garage items studied, 13 typically sell for $100 or more on eBay.
If you're tackling a summer cleanout or making room before fall, start with the items that tend to generate the biggest payouts. Based on this analysis, here's what you should sell, list and toss if you're cleaning out your garage clutter.
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Sell First: Items That Typically Bring In $100 or More
Bikes, fitness equipment and portable power equipment tend to command the highest resale prices, making them the best place to start if you're trying to maximize earnings from a garage cleanout.
Here's what you should sell for the biggest return possible.
Mountain bike: $848
Road bike: $837
Electric bike: $704
Adult hybrid bike: $270
Portable generator: $256
Peloton bike: $255
Elliptical: $200
Halloween animatronic: $190
Treadmill: $158
Rowing machine: $140
Yeti cooler: $132
Six-person tent: $108
Kids' 20-inch bike: $105
List If Convenient: Items Worth $40 to $99
These items still have value, but the payoff may not justify extensive effort unless they're already in good condition and easy to photograph or ship.
DeWalt tool set: $95
Extension ladder: $90
Weight bench: $83
Circular saw: $75
Artificial Christmas tree: $60
Sleeping bag: $54
Christmas inflatable: $53
Craftsman tool chest: $50
Coleman camp stove: $50
Cordless drill: $46
Camping backpack: $45
Donate or Recycle: Items Usually Worth Less Than $40
These items typically sell for under $30, which means they're usually not worth the hassle of listing them plus the cost of shipping them. Consider donating them instead, or tossing them if they aren't in great shape.
Adjustable dumbbells: $27
Christmas light set: $22
Outdoor Halloween decor: $21
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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