Start your asking-price decision with recent sales of similar homes, rather than choosing a townwide figure. I'll help you weigh the differences that matter to your home.
For Lake Orion single-family homes, condos, townhouses and apartments, the latest market report lists a typical sale price of $400,000. The typical asking price among homes listed for sale was $423,500. The estimated value of a typical home was $466,230. That estimate comes from a valuation model, not a formal appraisal, while asking prices and sale prices describe listed and sold groups.
These figures provide context, but they do not establish the right asking price for your particular home. I would give greater weight to similar completed sales, then consider competing listings separately. Starting with an ambitious asking price deserves careful discussion about how well comparable properties support it.
Prepare a list of improvements and known repair needs so we can discuss your home's condition accurately. Review recent sales of similar homes with me, paying attention to size, condition and features. Examine competing listings separately and choose an asking price you can explain through those comparisons.
