I guess part of the decision is where would you store the stuff if you keep it. If you are getting a 3 bedroom home you might convert the 3rd bedroom to a storage room and that would let you avoid the decision for now.
Maybe look back at want you would have like to keep from your parents and your childhood? Probably only a few things.
I think I would keep pictures and things you can use as decorations in your new home. For example I have a child's rocking chair that sites on the hearth with a stuff toy that my daughter had. It fits in for decorations. If it did not, probably no need to save it in a box.
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