Your starting price deserves a review of similar homes, not a direct transfer of a townwide figure. Let's give your home's specific features a clear place in that decision.
For Frisco single-family homes, the latest market report gives a typical asking price among homes listed for sale of $715,000. The typical sale price was $650,000. The estimated value of a typical home was $702,110. That estimated value is generated by a model and is not a formal appraisal or a completed-sale price.
Asking prices and sale prices describe listed and sold groups, so their difference does not establish a negotiated discount. I would use recent sales of similar homes to discuss your starting price and examine competing listings separately. Starting with an ambitious asking price creates a tradeoff worth considering: it leaves your price dependent on support from this home's details.
Gather information about improvements and condition so we can review which differences matter when comparing your home with recent sales. Examine similar homes listed for sale separately to understand the alternatives a prospective buyer could consider. Set a review plan before listing, identifying how you will assess inquiries, home visits and feedback before changing the asking price.
