Your asking price should begin with similar completed sales, not the amount you hope to receive. I'll help you separate useful comparisons from figures that cannot price your home.
For Macomb County single-family homes, condos, townhouses and apartments, the latest market report gives a typical sale price of $282,000. The typical asking price among homes listed for sale was $280,000. Homes sold for an average of 99.3% of their asking prices. Asking prices and sale prices describe listed and sold groups, so their difference does not establish a negotiated discount.
I would give completed sales the most attention when discussing what a buyer could reasonably pay for your property. Homes listed for sale help us assess alternatives a buyer might consider, but asking prices are not completed transactions. Starting with an ambitious asking price requires a clear reason grounded in your home's condition, size and features.
Gather details about your home's condition and improvements so we can review recent sales of similar homes together. Compare competing asking prices separately, noting differences rather than treating every nearby listing as an equal match. Choose an asking price you can explain through those comparisons, and decide how you will review interest after launch.
