Hello!
A few disclaimers about my response:
1. I am a craigslist maven. But also kind of a minimalist, in a condo.
2. I have a really specific style (combo of West Elm, mid-century Lane stuff, eclectic art, etc.)
2b. Thus, I love finding the PERFECT tiny table, or lamp or whatever, at a steal, that fits my house.
3. My in-laws have had several older folks die recently, leaving behind huge piles of unwanted goods (stuffed basements, how I hate thee)
3b. They try to foist this stuff on us.
3c. Barring sentimental goods (no, MIL, a used mattress is admittedly Mustachian, but not sentimental), I do not want them.
Okay, background over. If I may offer a small bit of advice, buy furniture you, and your current house-mates, like, at good quality or dirt cheap, or ideally, both! Then, do not assume even one item will be an heirloom. Young folks just tend to want their own stuff (or live in 1 bedroom apartments, in urban locales, for longer than any previous generation), and cannot use a 40+ year old chair that grandpa bought "for a good value" decades ago. It's a really noble pursuit, but a nobler one might be to buy quirky, solid, antique, whatever you like furniture off craigslist and......invest the extra money.
People's furniture taste is also often trendy, divergent, and ever-changing (thanks, HGTV). It's a really noble pursuit to want to leave something for our kids, but in the deluge of recent estate liquidations in my life, I've decided I'll leave any (hypothetical, future) children cash money and my wedding ring and maybe a couple pieces of gold jewelry (which I'll encourage them to make into wearable pieces they themselves love.)
I have no association (other than happy blog-reader) with the Frugalwoods, but I do think you may like point 5 of this link, below:
http://www.frugalwoods.com/2017/09/25/why-i-mostly-disagree-with-buy-it-for-life/Enjoy decorating your home! Sounds like you've saved and it should be quite fun, regardless of what you decide to buy. Cheers!