Your asking price should begin with similar homes, not a townwide benchmark alone. I can help you weigh those comparisons carefully so your decision reflects your home rather than a general expectation.
The latest market report covers Eden Prairie single-family homes, condos, townhouses and apartments. The typical sale price was $531,000 for completed sales. The typical asking price among homes listed for sale was $499,000. Homes sold for an average of 99.2% of their asking prices.
Asking prices and sale prices describe listed and sold groups, so their difference does not establish a negotiated discount. I would use these townwide figures as context, then examine homes similar to yours before choosing an asking price. The average percentage of asking price that homes sold for does not predict the offer your home will receive.
Prepare a list of improvements and known repair needs so we can review condition differences together. Separate recent completed sales from competing listings, using the former to assess sale results and the latter to compare asking prices. Choose an asking price supported by those comparisons, and decide which new information would justify reconsidering it.
