09/09/2012 - Back from a long break, will see if I can get some game time soon. Edited a few notes, particularly legendaries and such.
15/06/2012 - Removed bit about AH being global.
12/06/2012 - Have added a bit about the AH being global near the end.
11/06/2012 - Have added Armour to be an important stat alongside Resistance, thanks to pmpch.
10/06/2012 - Stickied, yay!
Have noticed a lot of really simple to price-check items on the forums these days and while I don't mind offering my opinions and price checks most of the time, some things are very easy to look up yourselves. You wouldn't ask someone what the definition of a word was if the dictionary was right in front of you, would you? So with that I'll begin this guide which I will slowly be updating as I go along. Unfortunately I don't play as often as I'd like and therefore can get behind with values, so I'd like to offer help to those with valuing items with the most basic of statistics.
What to Look Out For
When first determining whether an item is valuable or not you must first consider a number of things.
Is the item Legendary?
Legendaries may scream value and rarity, but it is already known that legendaries up until now (pre-patch TBA) have been very lacklustre, and that the requirements for them to be of good standard require a very rare roll on the +random attributes that can be achieved. There are a few legendaries that are still considered very useful, such as crafted legendaries, Andariel's Visage, Lacuni Prowlers, etc... And within these legendaries which is unique to Diablo 3, is that for example Andariel's can be Strength based, Dexterity based or Intelligence based, meaning it has use for ALL of the classes. But while Dexterity on Lacuni Prowlers is considered particularly desirable, Strength or Intelligence isn't really all that useful as those classes have better alternatives. You have to take into consideration what stats are suited for which item and class. Desired stats and how to exactly search this will be explored later in this guide.
As of patch 1.14
Legendaries are now significantly better with some very cool niché mods. Price checking remains the same - check it on the AH, compare it against yours and then see what you can make of it. Not much to say about this topic as I believe it to be far more straightforward to price check than rares, but it would be a good idea to learn what the TOP rolls are available on legendaries to avoid selling them too cheap. Get on that game guide!
Is the item Rare?
Rares in Diablo 3 are essentially the bread and butter of item finding, and they can come with a LOT of mods which can be hard to search in the AH. What you're looking for are realistically the following stats (NOT in any particular order):
- Life on Hit
- Critical Damage %
- Critical Hit Rate
- All Resistance
- Movement Speed (Boots only with the exception of legendaries)
- Increased Attack Speed
- Magic Find/Gold Find
- +Damage on Weapons (includes Elemental)
That might seem like a long list, but some rares really can spawn a serious number of attributes. For example, an amulet I am currently using has Dex, Crit Damage, Attackspeed, a Socket and a random bit of Resistance. But a Helmet can't spawn with attack speed unless it is a legendary such as Andariels, or Bracers can't spawn movement speed mods but Lacuni Prowlers can. Realistically there are a lot of things to consider, but in my opinion you should be looking for these KEY things on items.
Socket (not too important)
Life on Hit
Life on Hit
While some may consider other statistics important, it is true that you should also consider Life Regeneration or MF/GF. Life Regen is particularly useful for Melee classes or those special Wizard builds. And MF/GF is naturally ALWAYS desirable. Infact, high %s of magic find and gold find are actually worth quite a bit with all the craze that is going on these days.
Is it a Magic item?
Magic items are considered much more valuable than they were in Diablo 2. Like Rares they also have similar stats you are looking for, just with fewer quantities of stats (which is what makes them Magic and not Rare). Magics are good for plain MF items, higher DPS/cheaper Weapons, cheap Stat/Socket Armours...etc.
How do I Price Check it?
Well a lot of people come to the forums asking for sometimes simple requests and sometimes very complicated requests. Off-hand items such as Sources, Quivers and Mojos at the moment are very hard to check due to the restrictions of the search engine. What is however very simple are magic items or rare items with a few specific mods. Core stats are useful on many characters, ie Dexterity still provides Dodge on a Barb even if it doesn't increase the damage. However, if you're finding rares with several different attributes then it may be hard to decide what to look for in the AH.
A Glove has the following stats:
30 All Res
15 Attack Speed
Now you might be wondering where do you start. Well, look at the stats. Strength is the lowest, Dex is the highest. So lets definitely use DEX in the Search engine. That gives you two more slots. All res? Very important. Increased Attack Speed, equally as important. Vit and Res to be honest are both survival statistics so why not search for an item that first has Dex/Vit/Attack speed, and then Dex/All Res/Attack speed. Then compare the prices. Search for items which have both stats. It isn't hard to cut down the search to give you gloves with only these statistics. The figure you can use for Dex can be 130, 25 for All Res, 100 for Vit, 10 for Attack Speed. That'll give you a good rough estimate of what to search for.
If an item only has TWO stats such as a Ring.
14 Attack Speed
Don't come here asking what the value is, go search it in the AH.
The point I'm trying to make is, if an item has four attributes instead of three it doesn't mean you can't search for the most important to get a rough idea on the AH of how valuable something is. Input those three most important stats, sort out the items by Buyout price from lowest to highest and start working your way from there. It is very simple to price check items yourself, but by all means come to the forums to get a better opinion, a second opinion or even just some general advice on whether a item actually holds some value. However, the introduction of the AH should tell you much of that alone.
TO BE CONTINUED.
I'd love to carry on writing but I'm getting quite tired and you can tell by the last paragraph that I need to re-word a few/lot of things. Anyway, I'll be including tips on how to use the AH, how to utilise the tabs and how to use the buyout search to narrow down what you are looking for. This is solely for price checking, not for the use of making profit, so I won't be going through tips of how to use the AH to make money. And this does not cover the RMAH either, until that has been released and tested.
Hope that helps for now anyway, most of you already know this but hey, why not throw a few words out there.
Thanks for reading. Will get this done by the end of the week.