Choosing an asking price starts with recent sales of similar homes, not the highest number available. I want your pricing decision to reflect your home's specific qualities while giving you a clear basis for discussing it.
For Franklin's single-family homes, condos, townhouses and apartments, the latest market report places the typical sale price at $827,500. The typical asking price among homes listed for sale was $1,025,000. The estimated value of a typical home was $967,250. That estimated value comes from a valuation 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 completed sales to ground your pricing discussion, then consider competing listings separately. An ambitious asking price deserves particular scrutiny when its justification rests on an estimate rather than comparable completed sales.
Gather details about your improvements, condition and usable space so we can review differences in size, condition and features together. Review recent sales of similar homes with me to identify which comparisons genuinely support your proposed asking price. Discuss competing listings separately and decide what evidence would justify reconsidering your price after launch.
