Choosing an asking price means balancing your goals with evidence specific to your home. My starting point is a review of recent sales of similar homes, followed by a separate look at competing listings.
The latest market report covers Riverside single-family homes, condos, townhomes and apartments. Within that scope, the typical sale price was $680,000. The typical asking price among homes listed for sale was $710,000. Asking prices describe listed homes, while sale prices describe completed transactions rather than a negotiated discount between these figures.
Neither townwide price should become your asking price without considering your property's size, condition and features. I would give completed sales greater attention when discussing what supports the price you choose. Competing listings belong in a separate conversation about how your home will be presented alongside other choices.
Gather details about your home's improvements, usable space and any condition issues before our pricing discussion. Review recent sales of similar homes with me and identify the differences that matter to your property. Decide how you will reassess the asking price if the response does not support the original plan.
