Choosing your asking price deserves a closer look than matching a townwide figure. Let's start with similar completed sales and consider what makes your home different.
For Winnetka single-family homes, condominiums, townhouses and apartments, the latest market report places the typical sale price at $800,000. The typical asking price among homes listed for sale was also $800,000. The number of homes sold in the latest market report was 10. Asking prices and sale prices describe listed and sold groups, so their matching values do not establish an individual home's value.
I would treat these townwide figures as background, not a ready-made asking price for your property. A review of recent sales of similar homes helps us focus on the evidence most relevant to your decision. Starting with an ambitious asking price is a choice to examine carefully, rather than a substitute for that review.
Prepare a list of improvements, known repair needs and features so we can review differences in size, condition and features together. Compare similar completed sales with me, giving careful attention to how closely each property matches yours. Review homes listed for sale separately to understand alternative choices without treating their asking prices as completed results.
