Start your asking-price decision with recent sales of similar homes, not the number you hope to receive. Your plans deserve careful consideration, and I would connect that evidence with your home's condition before discussing a starting price.
For Beverly Hills single-family homes, condos, townhouses and apartments, the latest market report gives a typical sale price of $670,610. The typical asking price among homes listed for sale was $498,950. The estimated value of a typical home was $642,600. That estimate comes from a valuation model, not an appraisal or a completed sale.
Asking prices and sale prices describe different groups, so their difference does not establish a discount for your home. I would give the closest completed sales more weight than a townwide figure when discussing your asking price. Starting with an ambitious asking price deserves careful scrutiny when similar sales do not support it.
Gather details about your improvements and condition so we can review differences in size, condition and features together. Review recent sales of similar homes with me, then consider competing homes listed for sale separately. Decide what evidence would justify revisiting the asking price rather than making changes without a clear basis.
