Pricing a wood carving sculpture involves balancing multiple factors to ensure fair compensation for the artist while remaining attractive to buyers. Here’s a breakdown of key considerations:

1. Time Investment – Track hours spent designing, carving, and finishing. Multiply by a fair hourly rate based on experience (e.g., $20–$100/hour for professionals).

2. Material Costs – Factor in wood type (e.g., walnut vs. pine), tools, stains, and finishes. Rare or high-quality materials justify higher prices.

3. Skill Level – Beginner carvers may charge less, while master artisans can premium prices for intricate details and unique styles.

4. Market Demand – Research comparable pieces in galleries or online platforms like Etsy to align with industry standards.

5. Overhead & Profit – Include workspace costs, tool maintenance, and a profit margin (typically 20–30%).

Pro Tip: Document your process (photos/videos) to justify pricing and attract collectors who value craftsmanship.

By evaluating these elements, artists can set prices that reflect their work’s true value while building sustainable businesses.