Choosing an asking price starts with recent sales of similar homes, not the number you hope to receive. I'll help you weigh your home's differences without losing sight of what matters to your move.
The latest market report covers Hazel Park single-family homes, condos, townhouses and apartments, with a typical sale price of $190,000. The typical asking price among homes listed for sale was $170,000. The estimated value of a typical home was $183,530. That estimate is model-based rather than an appraisal, while asking prices and sale prices describe listed and sold groups.
These townwide figures provide context, but they do not establish an asking price for your individual home. I would give greater weight to similar completed sales, then consider how competing listings compare. Starting with an ambitious asking price deserves careful thought about your priorities and willingness to reconsider it.
Review recent sales of similar homes with me, focusing on size, condition and features. Compare competing listings separately so you understand the alternatives a prospective buyer could consider. Decide how we will reassess the asking price using showing feedback and relevant sales rather than a predetermined reduction.
