Sometimes an inheritance isn’t what it’s cracked up to be. The word itself sounds exciting, but the inherited items themselves can sometimes consume your life and your home.

As organizers, we work with a large base individuals or families that have decided to start downsizing. If you are in your 50’s or older, you may be able to relate to this. If you are younger, you may find yourself in this situation at some point – so pay attention!

Inherited Collections

Many objects that traditionally formed the backbones of collections built up by older generations are now largely undesirable and out of fashion. Today, the processes of inheriting mom and dad’s furnishings, glassware, china, and photos is not as appealing as it was years ago. Inherited collections can be very stressful not only because you can’t walk in your basement or attic anymore, but because of the emotional struggle of letting go of “family heirlooms.”

We have found that the antique market is transitioning. As the older generations downsize or pass on, their lovingly built collections are no longer worth what they used to be. In some cases, the seller may not recoup the money that was originally spent. As more of these collections come to the market in the years to come, prices will drop further unless new collectors are found or fashions change. So unless you find that one person searching for exactly what you have, you may be disappointed in the current market value.

Value of Inherited Objects

Let’s look at the more important meaning of “value”.  There’s a personal, often touching, story connected to an object. Maybe you remember mom always using a certain bowl or pie plate when making dinner, a set of china that was used at family gatherings or a collection of photos that show generations of family members. The memory from a certain object holds much more value than a whole room full of furnishings that cause you stress because it’s cluttering up your living space. Just because you inherited these items does not mean you have to keep them.

Are you facing this difficult situation and are ready to downsize? Start by asking your children or siblings if they want anything from your collection that you are willing to let go of now. Young adults do not collect things the way our parents and grandparents did, so don’t be surprised if they say NO. If you have a large collection of antiques that you feel may be of value, contact a dealer or do some online research to determine the actual resale value.

It’s important to look at the “value” of your objects. Decide if the monetary “value” is worth the emotional “value” that you are getting from them. Is it worth the stress it can bring to your life?

If you need assistance with downsizing your home or collection, we would be happy to assist you.