Very nice piece.  Is made from composites and veneers.  I am usually not a fan of veneers and prefer solid wood, but this works for my purposes.  I think for what it is the price is fair, i don't think its a steal or anything for the material but you pay for what its worth.  Nothing more nothing less, if this was a solid wood piece you would have to shell out more $$$.  Overall i am happy with the purchase.