This is a great piece of furniture for the price.  We paid just under $1,600 for this, and it is very nice quality.  We also have another wall bed that we paid over $4,000 for, and of course, that one is top-notch, cherry wood and better quality.  But for the price, this is a great deal.  My husband assembled it in a weekend.  The instructions were a bit difficult, and one screw popped through the door, but we are going to ask them to replace it.  Other than that, everything went together very nicely and it looks terrific.  Very happy!