re: We Could Use Some New Topics...

Being a fairly newbie at this thing called woodworking, I have always wondered how you would ever decide how much to ask for something you have made. I have never sold anything as everything I make is either made for friends, family, donated or for personal use.
I realize it is a free market as far as prices but I can’t understand how the price of say a farmhouse table could be $5000 by one seller and a similar one be $800 for example. Factors would be the type of wood and materials used. What formula do you use?