Start your offer with recent sales of similar homes, not an automatic discount from the asking price. I'll help you connect that comparison to your budget so the decision fits both the home and your priorities.
The latest market report covers Eagan single-family homes, condos, townhouses and apartments. The typical sale price was $437,500. Homes sold for an average of 99.4% of their asking prices. Housing supply, measured in months, was 2.63.
These townwide figures provide context, but they do not establish a reasonable offer for the particular home you choose. The average percentage of asking price that homes sold for is not a prescribed discount. I would weigh similar sales and the home's condition before discussing where your offer should begin.
Choose recent sales of similar homes to review with me, noting differences in size, condition and features. Set the maximum price you are comfortable offering after discussing monthly payments and money needed at closing with your lender. Identify the financing and inspection requirements you need before deciding which offer terms you can change.
