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How Much Does a Grand Piano Cost

May 23, 2022 by foshe 2 Comments

Ticking out the checklist of the price you intend to get for a product is not negligible, the same probably happens in the case of a grand piano. As a beginner or even a pro, you may want to find out how much does a grand piano cost.

Well, you are at the right place to get all your questions answered. A grand piano cost around $60,000 – $170,000. However, this range varies depending on the size, type, brand, and material of the grand piano you are buying. Let’s delve into this in detail.

Table of Contents show
1) The Grand Piano
2) How Much Does a Grand Piano Cost?
3) Types of Grand Pianos with Cost
3.1) Baby grand piano
3.2) Concert grand piano
3.3) Medium grand piano
3.4) Ballroom grand piano
3.5) Parlor grand piano:
3.6) Petite grand piano
4) Prices of Grand Pianos According to Brands
5) Why Are Grand Pianos Expensive?
5.1) Materials
5.2) Sound Quality
5.3) Functionality
5.4) Expertly Built
5.5) Construction Duration
5.6) Grand Pianos Appreciates
6) How much should a good grand piano cost you?
7) Is a grand piano worth it?
8) Conclusion
8.1) Related

The Grand Piano

A Grand Piano

In case you ask, what exactly is a grand piano? Few of us have always thought that a piano is just a piano. This is wrong because the grand piano is a special make with a large and full tone.

The body of the grand piano, the strings, and soundboard are all arranged horizontally in a heavy frame and in line with the keys. It is good for concerts and solo performances, and it also has silky treble and bass tones.

How Much Does a Grand Piano Cost?

Several types of pianos are on sale today, but the best of them is the grand piano. However, the prices differ depending on the brand in question. The lowest price range for a grand piano from unpopular brands is around $15,000 to $25,000. While popular brands like Steinway and Sons model D offer their products within the range of $150,000 to $175,000.

Yamaha offers theirs for between $120,000 and $200,000 for a good product but could go lesser to about $60,000 to $120,000. These, however, depend on the model and specifications; unique specifications often result in more cost.

If all of these are not affordable, you could go for the baby grand piano. As the name implies, it is a smaller version of about five feet long. You can get the baby grand piano from as low as $15,000 and $60,000 at the highest.

Types of Grand Pianos with Cost

Types of Grand Pianos with Cost

A new grand piano will cost you about $140,000 to $210,000. However, here is a compiled list of the various types of grand pianos that can suitably satisfy your need, as well as their sizes and the cost you can get them for.

They include:

Baby grand piano

The baby grand piano is one of the most widely purchased grand pianos in the world. Its petite size, which makes it easily fit into a small space, makes it more recognizable to both professional and recreational music players. The ideal size of a baby grand piano is around 4’11” to 5’1″. Similarly, this size costs less due to its petite size. It cost around $15,000 to $60,000.

Concert grand piano

The largest size in the grand piano family is the concert grand piano, which is about 7 to 10 in length. Their tones and timbrel are brilliantly made to fill up a concert. They typically also contain long strings due to their long body.

However, you should be able to get one of these for within $140,000 to $210,000.

Medium grand piano

This is one of the pianos mostly found in households. It is bigger enough than the baby grand but will occupy less space than the concert grand. This piano is also referred to as the classic piano, and it is about 5’2” to 5’8” in length.

It also costs about $25,000 to $175,000 and upward, depending on the brand under consideration.

Ballroom grand piano

Next to the concert grand piano in terms of size is the ballroom grand piano. It is also referred to as the professional piano or semi-concert grand. It is simply a smaller version of the concert grand and can fit in replacement of the concert grand piano. However, this piano ranges from around $60,000 to $200,000, and it measures 6 ’10’ to 9′ in length.

Parlor grand piano:

This piano received its name due to its 5’9″ to 6’2″ size; that can easily fit into a living room. It is the size between the concert grand and baby grand piano. It costs about $50,000 and upward depending on the brand.

Petite grand piano

The small grand isn’t the smallest grand piano, after all. If your reservation has limited space, then a petite piano will be sure to fit in. It is shorter than 4’11″ and considerably cheaper in cost. The price ranges from $20,000 and upwards.

In short, the prices of grand pianos vary according to their sizes and functionalities.

Prices of Grand Pianos According to Brands

Prices of Grand Pianos According to Brands

Here are rounded up figures of how much a standard 6′ to 7′ will cost from different brands. You can get a ballroom or concert grand pianos around these prices:

Brand     Ballroom grand piano         Concert

Steinway $80,000-$$200,000        $180,000

Yamaha $65,000-$180,000         $180,000

Fazioli N/A  $135,000-$200,000      $290,000

Kawaii.   $60,000-$160,000             $220,000

Bosendorfer   $65,000-$119,000    $230,000

Baldwin   $40,000-$42,000              $65,000

Why Are Grand Pianos Expensive?

The next question you are most likely to ask after getting information on how much a grand piano cost is why are they expensive? Definitely, the grand piano, when compared to other types of piano or even a guitar, appears to be more expensive.

There are several reasons for it to be so. Check out the list below to find out.

Materials

Most grand pianos are made from high-quality spruce and tough rock maple. This wood material is one of the most expensive top-grade wood materials. Also, grand pianos usually come in durable, high-quality keys and hammers. In general, they have top-notch finishing and high-grade materials. Hence, the reason why they are expensive.

Sound Quality

The grand piano produces its silky treble and bass tone in a perfect, clear sound. The high-quality materials they are made from make them give a high-quality sound that is unbeatable. This is one of the reasons professionals prefer them more than their counterparts.

Functionality

The Grand piano is specifically framed in a way that it can perform effectively in performances such as solos and concerts. It is designed to give the best in professional events. And even at home, it helps in creating beautiful music.

The framing of its functionality for the sole purpose of professional events made it configured bodily to perform optimally as such. Thus, the reason why it is expensive.

Expertly Built

The grand piano is built by experts and there are at least 1,000 parts in each of them. Constructing all of these parts is not a job for the amateurs. More experts being used equates to more production costs and better-made products.

Construction Duration

Construction of the grand piano takes a lot of time. And, like the popular saying, that time is money. The more time it takes to construct it, the more production cost it takes. This, in turn, reflects on the overall cost at which grand pianos are offered.

Grand Pianos Appreciates

Grand pianos are expensive because they always appreciate value. They are good assets for long-term investments. The producers are quite aware of this advantage and so sell it at a considerable price.

It may be expensive at the initial procurement but appreciates in value over time. So, it is actually a win-win situation in the end.

How much should a good grand piano cost you?

Making a decision on how much you should spend on a grand piano may appear quite challenging, most especially because of the varying prices. The best way to quickly arrive at this decision is to consider the purpose you want to use it for. If it is for professional events, then you can consider getting the concert grand pianos.

If it is for in-house use, you can consider the medium grand piano. There is no hard rule about it; just weigh your options alongside other factors like budget, space, and what you intend to use it for.

However, to give you a direction of what you might be looking at. A good grand piano should cost between $80,000 – $150,000. However, for an entry-level, you should be looking at spending around $10,000 – $30,000.

Although buying from brands like Steinway, Yamaha and Bosendorfer could cost you more than this range. In the worst-case scenario, you should still be able to get a good grand piano for $100,000 from any of the popular brands.

The major idea is to consider quality and durability alongside the price. Buying a problematic piano at a cheaper price can be really disheartening. Getting a grand piano that belongs to the “good price” category is always the best option.

Is a grand piano worth it?

The answer, in short, is a yes. Aside from being a long-term investment, the grand piano is a top-notch quality product. The piano strings are made of carbon steel which is not only durable but capable of making incredible music.

It is also made of top-grade spruce wood, which helps in enhancing the sound it is projecting to sound more remarkable. The maple wood helps to hold the strings in place, and it does have more keys than several other types of piano.

More keys connote more dynamic range for you to play. It also has a far-reaching sound that can fill up the entire room. In short, the grand piano is a good quality for your resources.

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Conclusion

In summary, getting a grand piano is not cheap, but it definitely worth your money. The grand piano offers a more impressive experience. Not only does it offer a high-quality sound, but it also offers a dynamic range of tones for you to play. Getting one at an average price of $60,000 to $170,000 can turn your musical experience all around.

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