Choosing your starting price deserves more than an automated estimate. My approach is to connect your home's specific characteristics with relevant sales, giving you a clear basis for the decision.
The latest market report gives an estimated value of a typical home of $2,572,920 for Astoria, not Bayside. That measure covers single-family homes, condos, townhouses and apartments. The estimate is model-based and is not a formal appraisal. Separately, the typical asking price among homes listed for sale in Astoria was $895,000.
Those figures do not establish the value of an individual home in Bayside or an appropriate starting price. I would build your pricing discussion around recent sales of similar homes, then consider competing listings separately. Starting with an ambitious asking price is a choice to weigh against how clearly you can support it with relevant comparisons.
Prepare a list of improvements and known repair needs so we can discuss condition accurately rather than relying on an automated estimate. Review differences in size, condition and features together before choosing an asking price supported by comparable completed sales. Decide in advance what buyer feedback and competing-listing changes would prompt us to revisit that price, without committing to an automatic reduction.
