How to View Total Home Inventory Value with Item Quantity and Value

Introduction

We believe Everspruce is the best inventory app for iPhone and the best inventory app for insurance. One of the many reasons why is the ability to effortlessly track the total value of your home contents. This exciting feature will not only give you critical information for insurance purposes, but it also can help you track your inventory quantity so you never run out of the things you really need. In this blog post, we’ll talk about the benefits of knowing total item value and how it is calculated using the item quantity and value fields. Get ready for a more detailed home inventory at your fingertips!

Benefits of using item value and quantity fields

Have you ever wondered how many items you have and how much your home inventory is worth? Have you ever wondered if you have enough insurance coverage for all your belongings? Well, you’re in luck – Everspruce enables you to capture item value and quantity details effortlessly and the app calculates the total value of all your items automatically.

How to turn item value and quantity fields on and off

Some users want to keep things simple and only capture a photo of their item, the name, and maybe a short description. Others want to capture a more detailed inventory because they are creating a home inventory for insurance or they need the extra information for their particular needs. Everspruce has you covered and allows you to customize the fields you want to use for your home inventory management. To turn fields on or off simply follow these steps:

1. Download Everspruce from the App Store.
2. Open your Everspruce app.
3. Tap on Settings, which is in the top right corner where the gear symbol is.
4. Scroll down to the Settings section and tap on Additional Fields.
5. From there you can turn on and off individual fields – including item quantity and item value.

Note: International users can also go into Settings and adjust your currency symbol as well.

Using the item value and quantity fields

If you’ve reached this section, we’re assuming you turned on both value and quantity fields on. If you haven’t, please go back to the section above and turn them both on. Using the item value and quantity fields is easy in Everspruce. The app allows you to update item value and quantity fields when you’re creating an item and also when you’re editing an item.

Adding value and quantity information to a new home inventory item

1. If you haven’t already done so, add your first area in Everspruce.
2. Figure out what item you want to add and have it in front of you.
3. Open the app.
4. Tap on the + button in the bottom center of the app.
5. Tap on “Add new Item”.
6. Now you need to select the parent entry you want this item entry to be under. Items can be nested under an Area or Box. For example, if the item you want to add is located in the kitchen, then select the “Kitchen” area as the parent entry.
7. Now you are taken to the camera scene where you add a photo of the item. You can add photos two ways: with the camera OR with the photo library:
   • To take photos with the camera, simply take a picture of your box by tapping on the purple circle.
   • To add photos via the photo library, simply tap on the picture button in the upper right corner. From there you can select a photo and then tap “Done”.
8. Next, add a name for your item and an optional description if you want.
9. Now scroll down and tap on the quantity field and choose a number from 0 – 100.
   • So for example, if the item you’re adding is a paint brush and you have three of them, then you would set the quantity to 3.
10. Now tap on the value field and input the value of one item (Everspruce will automatically multiply the value by the quantity to determine the total value of the item).
    • Continuing with the brush example, let’s say each brush is worth $2, then you would set the value to $2. We’ll talk more about this example further below.
11. Tap on Save to create the entry.
12. That’s it – you’ve just created an Item entry!

Adding value and quantity information to an existing home inventory item

Adding value and quantity information to an existing item is very easy – just follow these steps:

1. Open Everspruce.
2. Navigate to the item you want to edit and tap on it to get to the item detail page.
3. Now tap on “Options”.
4. Now tap on “Edit Entry”.
5. Now scroll down and tap on the quantity field and choose a number from 0 – 100.
   • So for example, if the item you’re adding is a paint brush and you have three of them, then you would set the quantity to 3.
6. Now tap on the value field and input the value of one item (Everspruce will automatically multiply the value by the quantity to determine the total value of the item).
   • Continuing with the brush example, let’s say each brush is worth $2, then you would set the value to $2. We’ll talk more about this example further below.
7. Tap on Save to update the entry.

Viewing your total home contents value

Now that you’ve updated all of your items – you can quickly view the total home contents value by following these steps:

1. Navigate to the Home page.
2. Tap on Settings (the gear icon in the upper right)
3. Scroll down until you see “Total Item Value”. Underneath “Total Item Value” you will see a sum of all your item’s values multiplied by their quantity.
   • So in our brush example, we had 3 brushes that we’re each valued at $2. If that was the only item you added, then you would see $6 for the “Total Item Value”.

Seeing your total item value can help you understand whether you have too little or too much insurance coverage and give you a sense for how much the entire contents of your home is worth.

Conclusion

In conclusion, managing your home inventory has never been easier with Everspruce’s automatic total item value calculation. By using this feature, you can effortlessly track the value and quantity of all your items, giving you critical information for insurance purposes, helping you ensure you never run out of the things you really need, and ensuring you know the total value of your home contents. By following the steps outlined in this blog post, you’ll be able to create a more detailed and useful home inventory at your fingertips. So, download Everspruce today and get started on effective inventory management!

To continue learning more about the Everspruce Home Inventory App, read how to remember where loaned items are with the Everspruce checkout feature.