Choosing your asking price starts with similar completed sales, not the highest nearby listing. I want you to understand the reasoning behind that choice so your selling plan reflects your home rather than a townwide number.
The latest market report covers Fraser single-family homes, condos, townhouses and apartments together. The typical sale price was $240,000 for that residential property scope. The typical asking price among homes listed for sale was $269,950. Asking prices and sale prices describe listed and sold groups, so these figures do not establish a discount.
I would use those townwide figures as context, then focus on sales with meaningful similarities to your property. An asking price expresses what a seller seeks, while a completed sale records what a transaction achieved. Starting with an ambitious asking price deserves careful consideration when the closest completed sales support a different choice.
Review recent sales of similar homes with me, paying particular attention to size, condition and features. Consider homes listed for sale separately to understand the asking prices a prospective buyer might compare. Decide which property differences justify your asking price and what feedback would prompt us to revisit it.
