Choosing an asking price deserves more than picking a townwide number. I suggest starting with similar completed sales, then weighing how your home's condition and features compare.
The latest market report covers Rochester single-family homes, condos, townhouses and apartments. The typical sale price was $525,000, providing a townwide reference for completed transactions rather than a valuation of your home. The typical asking price among homes listed for sale was $900,000, describing advertised prices rather than completed sales. Those asking prices and sale prices describe different groups, so their difference does not establish a negotiated discount.
For your pricing decision, I would give the closest similar sales more weight than a broad townwide reference. Competing listings help frame your choices, but an advertised price does not establish what a buyer will pay. Starting with an ambitious asking price requires a clear reason grounded in your home's features, not simply another listing's price.
Prepare a list of improvements and any unfinished work so we can discuss your home's condition accurately. Review recent sales of similar homes with me, focusing on size, layout and features rather than location alone. Decide how you will review inquiries and feedback after launch before making any later pricing decision.
