Your starting price should reflect similar homes rather than a broad benchmark. I'll help you distinguish useful comparisons from tempting numbers so your pricing decision has a clear foundation.
For Franklin's single-family homes, condos, townhouses and apartments, the latest market report includes a typical sale price of $827,500. The typical asking price among homes listed for sale was $1,025,000, describing listed homes rather than completed sales. The estimated value of a typical home was $967,250, a different measurement from either asking prices or sale prices. That estimate is model-based, not an appraisal, and the asking and sale prices do not establish a negotiated discount.
I would treat these townwide figures as context, then focus on recent sales that genuinely resemble your property. An ambitious asking price deserves particular scrutiny when its justification depends on upgrades rather than comparable completed sales. The goal is a price you can explain clearly, with attention to the home's size, condition and features.
Prepare a list of improvements and remaining repair needs so we can distinguish documented work from unfinished projects. Review recent sales of similar homes with me, then consider competing listings separately when discussing your asking price. Decide which feedback would justify revisiting that price before listing, rather than improvising a response after each home visit.
